This move frees up roughly a million dollars for the Oilers, while also giving them a significant winger upgrade. Meanwhile, the Canucks get a fast straight line winger for their bottom six signed to only 1 more year and a stop gap option in Ceci for 2 years to play alongside Hughes. The biggest advantage for the Canucks is the year of term the shave off and the fact that Ceci fits a greater positional need for them.

The Canucks take a low risk swing on a RFA defensemen who showed some upside during his time in Vegas. Coghlan has the size and skating to be a nice complementary/3rd pair option for the Canucks if he can find his game again. Given that the Canucks blue line could look significantly different a year from now (no more Myers, no Bear possibly) it is worth the gamble to see what they have in a younger option.