Fiala's still a good top 6 winger, even if the Wild are in cap hell and may not have the negotiating upper hand, I'd expect a 1st + prospect at least
That’s probably about right. If Minnesota can’t find the cap space to sign him, which would be the only reason to trade him, they’ll want to get picks and/or prospects who won’t take much cap space. It’s a bit of a risk to take on an unsigned RFA who’s arbitration eligible, so that lowers his trade value unless the other team is confident they can sign him.
They could let somebody sign him to an offer sheet and take the draft pick compensation. I suspect he’ll sign for between $6,166,097 and $8,221,463, which would make it a 1st, a 2nd and a 3rd. That seems like a reasonable return, but the first won’t be protected so a non-playoff team probably wouldn’t take the chance. If they want to open up the market to more teams or try to get a player who’s closer to NHL ready, they can encourage other teams to negotiate with him and then come to them with a trade offer.