Well, sort of. I think the second conditional pick is independent altogether from the first conditional pick (i.e. the 2019 2nd). So, let's say the Caps get bounced in the first round, which I think we can all agree would be just hilarious. We don't get that 2nd round pick in 2019. BUT, if they then turn around and decide they want to trade Shatty to a team wanting to sign him (e.g. the Bruins, NYR, NYI, ARI.... whoever), and they get a pick back, then we get that other pick. However, if they trade Shattenkirk for like a prospect or something, we don't get anything. If Shattenkirk walks, we get nothing. But if they get a draft pick back, we get at least a 7th, or if that pick is from the 4th round or earlier, then we get their next available pick from 2 rounds later.