The Calgary Flames have acquired 35-year old Mike Smith from the Arizona Coyotes in exchange for the rights to Chad Johnson, unsigned prospect Brandon Hickey and a conditional third-round draft pick before the NHL’s trade freeze kicked in Saturday afternoon. The third-round pick will become a second-round pick if the Flames qualify for the Stanley Cup playoffs next season.
Arizona retained 25 per cent of Smith’s $5.67 million deal, which has two seasons remaining.
This trade is basically Mike Smith for $4.25 million (two more years) and a 3rd round pick since if they were moving away from Johnson anyways, that’s not a loss, and we’re deep on D so losing Hickey isn’t a big deal either.