The Vegas Golden Knights have acquired a first-round pick in 2017 and a second-round pick in 2019 from the New York Islanders, along with center Mikhail Grabovski, defenseman Jake Bischoff, and goaltender Jean-Francois Berube.
Berube was the official expansion draft selection by Vegas, while Grabovski, Bischoff, and the draft picks were acquired via trade.
The two draft picks were likely compensation for Vegas passing on some of New York's key players that were left exposed, such as defenseman Calvin de Haan and forwards Ryan Strome, Brock Nelson, and Josh Bailey, as well as for taking on the contract of Grabovski, who has one year remaining with a cap hit of $5 million.
Grabovski, 33, tallied 208 points in 340 games with the Toronto Maple Leafs from 2008-2013, but after a one-year stint in Washington, he has managed to register just 44 points in 109 games with the Islanders.
Bischoff, 22, spent last season split between the University of Minnesota, where he recorded 32 points in 38 games, and the AHL's Bridgeport Sound Tigers, where he notched two goals and an assist in six games.
Berube, 25, posted an ugly .889 save percentage and a 3.42 goals-against average in 14 games with the Isles last year.
The first-round pick Vegas is receiving from the Islanders will be the 15th overall selection on Friday night, in addition to its own sixth overall pick, and Winnipeg's 13th overall pick. The Golden Knights now own 12 picks and counting in the 2017 NHL Entry Draft.