The Arizona Coyotes have acquired right shot defenseman Jason Demers from the Florida Panthers in exchange for Jamie McGinn.
Jason Demers' future has been a topic of discussion all summer. Hearing FLA/ARIZ working on a deal the sends him west for Jamie McGinn.
— Elliotte Friedman (@FriedgeHNIC) September 17, 2017
Instead of acquiring the entire $4.5M cap hit for the next four years, the Panthers are retaining 12.5% of Demers’ salary, leaving the Coyotes with Demers’ cap hit at $3,937,500, and $17.4M in cap space.