Rangers and Wolves Complete Trade

Jan 08, 2013 - 05:34 EST

Kitchener Rangers General Manager and Head Coach Steve Spott announced today that the team has completed a trade with the Sudbury Wolves.

In the deal, the Rangers send goaltender Franky Palazzese, defenceman Cory Genovese and forward Matt Schmalz to Sudbury. Kitchener also sends a fourth round pick in the 2014 OHL Priority Selection (from Oshawa), a sixth round pick in 2013 (from Owen Sound), a seventh round pick in 2014 (from Windsor) and a first round pick in the 2013 CHL Import Draft (from Plymouth). In addition, the deal includes two conditional picks, a conditional second round in 2017 if Palazzese does not return to the Wolves for his overage season and a conditional second in 2019, if forward Joshua Leivo plays in the OHL during the 2013-14.

In exchange, Sudbury sends Leivo, defenceman Frank Corrado and goaltender Joel Vienneau to Kitchener, along with Sudbury’s first round pick in the 2013 CHL Import Draft, a sixth round pick in 2015 and an eighth round pick in 2013. The deal also include a conditional third round pick in 2014 if Sudbury trades Palazzese during the 2013-14 season.

Corrado is a four-year OHL veteran who has appeared in 231 career games for Sudbury. The Woodbridge, ON native has recorded 14 goals, 78 assists and 265 penalty minutes for the Wolves. Corrado is a prospect of the Vancouver Canucks, who selected the defenceman in the fifth round (150th overall) in the 2011 NHL Entry Draft.

Leivo has played 164 career games over three seasons with the Wolves and is coming off a career-high 32 goals in 2011-12. In total, the Innisfil, ON native has recorded 147 points for Sudbury. He was drafted by the Toronto Maple Leafs in the third round (86th overall) in the 2011 NHL Entry Draft.

Vienneau has played two seasons in Sudbury, and has posted a 15-12-2-4 record in 2012-13, with a 2.96 goals against average and a .912 save percentage.

Joshua Leivo
Position: LW
Shoots: Right
Height: 6.01
Weight: 200
Birthdate: May 26, 1993
Hometown: Innisfil, ON

Frank Corrado
Position: D
Shoots: Right
Height: 6.01
Weight: 190
Birthdate: March 26, 1993
Hometown: Woodbridge, ON

Joel Vienneau
Position: G
Height: 6.03
Weight: 180
Birthdate: January 18, 1992
Hometown: Hearst, ON