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May Day has always been a Red holiday. The Devils can make it a Blues’ bummer.

The Devils must inform the Blues by Saturday if they intend to exercise their option of taking the Blues’ first round pick outright, swapping first rounders, or waiting for a more advantageous year.

In this season’s monumental Scott Stevens tampering verdict, the Devils were awarded the right to annex a first round pick of the Blues within five years, and also to swap firsts with them once in the same time frame. The Blues have the right to defer one selection.

“I’ll wait until the last possible moment to tell them,” Devils GM Lou Lamoriello said.

The Devils had asked for five first-rounders as compensation for the Blues’ tampering with Stevens in 1994.

The Devils will be selecting 27th of 28 this June, while the Blues will be picking 17th in the first round.

The already-disgustingly deep Devils have never failed to make a first-round pick, and had two first-round selections last year in Mike Van Ryn and Scott Gomez, taken 26th and 27th overall. Gomez’ selection was made with a pick acquired from Dallas for two second-round picks.

If anything, since his pick is so late, Lamoriello might be inclined to swap picks with the Blues this year, and wait until St. Louis has a worse finish for his outright freebie. Still, he has four more chances to catch the Blues with their fortunes down and come up with a Top 10 selection.

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