Report: Coyotes willing to take on more contracts for future assets

The Arizona Coyotes' continued rebuild could benefit cap-strapped contenders ahead of the trade deadline.

"The Coyotes have let it be known that they're willing to take on contracts or money in exchange for future assets, just as we saw them do with a few transactions over the summer," TSN's Chris Johnston reported on Tuesday's "Insider Trading."

In Arizona's first offseason under general manager Bill Armstrong, the club took on a bevy of undesirable contracts. The Coyotes traded for Andrew Ladd, Shayne Gostisbehere, Antoine Roussel, Jay Beagle, Loui Eriksson, and Anton Stralman without giving much of anything. Instead, Arizona acquired several draft picks and prospects in exchange for taking these unwanted contracts.

Johnston also noted that the length of the contract and the type of player the Yotes are receiving would play a factor in these negotiations. Ladd and Gostisbehere are the only two aforementioned players signed beyond this season, and both their contracts expire after 2022-23.

Arizona currently has $7 million in cap space, according to CapFriendly.