Yep

Both teams win here imo, although the Isles not giving up a 1st to move him is a massive plus for them tbh

Lou with this much cap space with a already very good team kinda worries me. Great return for yokes though

Wasn't Ladd on LTIR already?

He hasn't played in 2 years.

So how did the affect cap space?

Ladd is healthy. He just sucks and isn't even worth playing for your AHL team.

lmao learn something new every day.

Even last year wasn't a bad off-season, especially when combined with the deadline. The one questionable move was Toews, but Lou was backed into a corner there. After that, it's been one strong transaction after another.

Trading a near Norris-level defenseman for 2 2nds instead of someone like Nick Leddy is a pretty massive blunder if you ask me, no matter how bad your cap situation is.

And yet, the Isles still forced Tampa to play one more ECF game than the year prior. Maybe it wasn't the most efficient possible move there was to get under the cap, but Leddy had a nice rebound season (enough to get a late 2nd the off season afterwards!), and when you look at how the team performed overall, I think their overall outlook for the next decade with Lou/Trotz is still incredibly bright.

Don’t get me wrong, I’m not saying the Isles aren’t in a great position right now to be contenders for years. I’m just saying he made the worst trade of the offseason last year. Both can be true. I mean the Oilers traded away Gretzky in 1988 and still won the Stanley Cup in 1990.

Isles win in the "here and now/just win mode" part of the trade and Yotes win the "future" aspect...

In a week of moves, NYI went from 17 NHLers signed and only US$6M in Cap Space last week to currently @ 18 NHLers signed & US$12Mil in space...
Good GM moves when you're painted in the corner

I'm tired that they still are in Arizona. I don't even know if coyotes fans exist lol.

^Smart comment right here^

The maths dont add up on the value of dead money !

Marleau : 6M caphit (4M in salary) = 1 low 1st
Ladd: 2x5.5M caphit (8M in salary) = 2 low 2nds

What am I not getting?!

The Toews trade was awful - the isles took calls on Leddy last offseason but Trotz valued Leddy over Toews and didn’t want him traded. Coaches shouldn’t have that much pull.

ARI is still a joke of a franchise. I can count on one hand the number of solid management decisions they've made over the last 5 years. Actually, I can count on one finger: Drafting and signing Jacob Chychrun at a relatively low AAV. But, that's far outweighed by years of terrible drafting, trades, UFA signings, and bad RFA extensions, like Keller.

And Saad was dealt during a flat cap era. The price for dumping him should've been higher when you consider how much more valuable csap space is today than it was a couple years ago. This was a total fleecing.

One thing that may be different in the two situations is that Toronto was way further against the salary cap when the trade was made. Isles traded Leddy for a 2nd rounder before this deal was finished, so they had far greater leverage than Toronto did. There also was a hugely toxic 35+ buyout on Marleau's contract that saved zero cap hit whatsoever, unlike the Ladd situation. I still think the Isles did incredibly well here.

Not to mention the fact that their owner is a cheap **** who doesn’t pay his constituents, and doesn’t understand that running a hockey team in Arizona means you’ll lose money.

Sorry but his isnt it.

Leverage is comparable and Ladd cant be bought out neither ( 6M in signing bonuses).

i mean, i haven't exactly been keeping up with Andrew Ladd's status, but, supposing he was mostly injured for the last 2 years, LTIR is still not the most favorable situation you want to find yourself in. it's "Extra Cap Space™" with a whole lotta caveats. as a GM, you don't want to find yourself having to use LTIR if you don't absolutely have to. it's still preferable to dump the contract altogether.

let's take a look at the list of scenarios under which Lou could have gotten rid of Ladd's contract, in order of desirability:
1) trade Ladd to the Coyotes, get draft picks back
2) trade Ladd to the Coyotes, get no draft picks back
3) trade Ladd to the Coyotes and sweeten the deal with draft picks, get draft picks back
4) trade Ladd to the Coyotes and sweeten the deal with draft picks, get no draft picks back
5) buy out Ladd

1) didn't happen because Ladd has no trade value. 2) didn't happen because Ladd's contract is too onerous for that, and he isn't just some AHL tweener schmuck. you'd think 3) would have been the idea, but, apparently, it didn't happen. 4) is what actually happened, and, well, 5) is a terrible option for Ladd's contract.

sure, Lou didn't burn a 1st-round pick (and i doubt Bill Armstrong would've gotten a 1st out of Lou, anyway), but asset management 101 says "having to burn extra assets to rid yourself of a toxic one is a bad situation to find yourself in." you can see that what happened was next to the worst-case scenario for dumping Ladd's contract. this is a Pyrrhic victory, at best, for the Islanders. "draft picks are magic beans" blah blah blah that's the sunk cost fallacy; Lou still burned three picks to get rid of Ladd's contract.

I hope Ladd at least plays in enough games to reach the 1'000 game mark.

2 Draft picks, no chance in hell Ladd plays 1 game in the 22-23 season, to garner another 3rd Rd pick. Even the Yotes can't handle the cap structure to bring that contract up from the minors, where he'll play or retire.

well, if Bill Armstrong's not dumb, he'll get Ladd to play 1 game in 2022-23 to get that pick. pretty easy condition to fulfill and also not that hard to have Ladd come up for 1 game. play him in the first game of the season, say, "oh, well, we're just seeing if he can still handle the NHL," and then put him on waivers and send him down.

Not to mention they're only guaranteed two of those picks.