The biggest reason we Preds fans are eager to move Subban/Ellis is that Fabbro is making them expendable in near future. I don't think we should rely on the kid yet, so we could use a stopgap solution on the right side. Someone we could pair with Josi, someone who could be counted to handle the heavy lifting in the defensive zone, someone who we can push to 3rd pair whenever Fabbro is ready to take over. I wouldn't mind paying a 3rd pair dman 4M for a year or two while Fabbro is still on his ELC, but those four years on Severson's contract are a deal-breaker.
Besides, we'd only save just over 2M with this trade (Severson 4.17M + Woods 2.75M = rounded down 6.9M), so this proposal didn't address that issue too well either. Replace Woods with a prospect or another pick and it would make sense if it wasn't for Fabbro and what I described above.
I don't think Severson's years would necessarily be a deal-breaker - I mean, for all we know Fabbro never will live up to our hopes. But at the same time, I think those years mean we have to value him a little less than his value on paper might be, because if we trade Subban we are therefore keeping Ellis, and probably protecting Ekholm/Josi/Ellis for the expansion draft, with the hoped for likelihood of Fabbro also pushing into a protection slot. A lot can change in just 2 years. But even so, it means that when we look at Severson, his term and age are not quite as significant to us as one might otherwise expect, because we wouldn't really be anticipating that we get anything beyond the next 2 seasons out of him.
As for me, I like the speed and what Wood could bring for us on the forecheck. I know he is coming off a year where maybe the shine wore off somewhat for him - I don't follow the Devils closely enough to understand the particulars, maybe he is a little undisciplined or otherwise got into the doghouse because I see him thrown into a lot of trade proposals lately! So maybe I am just a little outdated on my Wood thinking, but I wouldn't mind seeing him instead of a softer less involved player like Jarnkrok on our 3rd/4th line LW, say. The version of Wood I'm thinking of would be more attractive to me than a prospect or pick because I think he could help us right away. I'm more interested in that immediate impact than waiting to see if a guy like McLeod could make the team or not. But like I said, maybe the picture in my head of what Wood can do is a little outdated.
If he was a much faster albeit less ornery version of Austin Watson, say, I think that'd be useful in our bottom-6. We need some more players playing balls-out more often, I think.