The Avalanche on Monday traded veteran forward Alex Tanguay and two prospects to Arizona for 26-year-old forward Mikkel Boedker, who is the Coyotes' third-leading scorer.
The prospects going to Arizona are forward Connor Bleackley, 20, the Avs' first-round pick in 2014, and defenseman Kyle Wood, 19, who was a third-round pick in 2014.
Bleackley and Wood were Colorado's first two picks of the 2014 draft.
Tanguay, 36, had just four goals in 40 games and in the final year of his contract. He was not going to be resigned by the Avs. Boedker is also a pending UFA.