Coyotes trade Gagner to Flyers for Grossmann, Pronger's contract
The Arizona Coyotes added some experience to their blue line by trading Sam Gagner and a conditional pick to the Philadelphia Flyers for Nicklas Grossmann.
Grossmann has 531 games of NHL experience and instantly becomes the most senior member of the Coyotes' defense. He has one more year remaining on a contract paying him $3.5 million.
Philadelphia retains $500,000 of Grossmann's contract in the deal, while Arizona takes on Chris Pronger's contract, which should help the Coyotes reach the salary cap floor.
Chris Pronger's contract also heading to Arizona in the deal. Pronger is due $575,000 the next two years but carries $4.941M cap hit.
— Chris Johnston (@reporterchris) June 27, 2015
Gagner recorded 41 points with Arizona last season after spending the first seven years of his career with the Edmonton Oilers. He is scheduled to earn $5 million in the final year of a contract with a cap hit of $3.2 million.
Hextall: "This is a cap deal that works for both teams. This doesn't get us out of trouble, but it gets us moving in the right direction."
— Frank Seravalli (@frank_seravalli) June 27, 2015