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2012 NHL Draft: Washington Capitals Take Colorado Avalanche 2nd Round Pick This Year To Complete Semyon Varlamov Trade

The Colorado Avalanche will have five selections in the upcoming 2012 NHL Draft, but they lost first- and second-round picks to the Washington Capitals in the Semyon Varlamov trade.

A general view of the draft floor during day one of the 2011 NHL Entry Draft at Xcel Energy Center  in St Paul, Minnesota.  (Photo by Hannah Foslien/Getty Images)
A general view of the draft floor during day one of the 2011 NHL Entry Draft at Xcel Energy Center in St Paul, Minnesota. (Photo by Hannah Foslien/Getty Images)
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The Colorado Avalanche and the Washington Capitals have completed the trade that sent goaltender Semyon Varlamov to the Mile High City last summer. The Capitals have accepted the 54th overall pick of the 2012 NHL Draft to satisfy the last condition of the trade, according to Stephen Whyno of the Washington Times. The Capitals received the Avalanche's first-round pick this year -- No. 11 overall -- and had a choice of the pick they ultimately took or a 2013 second-round pick.

This pick has changed multiple hands over the years. It was originally the Boston Bruins' selection, but they traded it to the Toronto Maple Leafs. Then when the Avalanche sent defenseman John-Michael Liles to the Leafs last summer they received this pick in return.

Here are the picks the Avalanche do have in the draft this year (full list here):

Round 2, No. 41 overall
Round 3, No. 72 overall
Round 5, No. 132 overall
Round 6, No. 162 overall
Round 7, No. 192 overall

Round 1 of the 2012 NHL Draft takes place on Friday, June 22, in Pittsburgh. NBC Sports Network will have the broadcast at 5:00 p.m. MT. Rounds 2-7 follow on Saturday.

For more on the Avalanche, visit Mile High Hockey. Head over to SB Nation NHL for more news and notes throughout the offseason.