The New York Islanders have dealt forward Andrew Ladd to the Arizona Coyotes along with the 60th overall pick in the upcoming NHL Draft, a conditional second-round selection in 2022, and a conditional third-rounder in 2023.
Arizona is absorbing all of Ladd's contract, which will carry a $5.5-million cap hit through 2022-23 if he's healthy. The Islanders buried the deal on long-term injured reserve this season, reducing the cap hit to $4,375,000, according to CapFriendly.
Ladd didn't play at the NHL level in 2021 and suited up for just one AHL game due to injury. The 15-year veteran, who'll be 36 in December, has played only 30 NHL contests over the last three campaigns.
He'd been with the Islanders since they signed him as a free agent in July 2016. He previously played for the Chicago Blackhawks, the Winnipeg Jets/Atlanta Thrashers franchise, and the Carolina Hurricanes. Ladd helped Carolina win the Stanley Cup in 2006 and claimed it again with Chicago four years later.