Thursday, March 7, 2024

Vegas hits the jackpot with trade for Noah Hanifin

Vegas hits the jackpot with trade for Noah Hanifin

The Golden Knights once again use long-term injured reserve to pounce on a top trade target

By Ryan Mosher

LAS VEGAS (March 7, 2024) The Vegas Golden Knights acquired defenseman Noah Hanifin from the Calgary Flames late Wednesday night. Hanifin was the top target on the market for this year’s trade deadline.

The Flames received defenseman Daniil Miromanov, a conditional 2025 first-round pick and a conditional 2025 third-round pick in exchange for Hanifin.

The Flames also retained 50% of Hanifin’s salary, which was imperative to the Golden Knights due to their tight cap situation. Vegas also acquired Anthony Mantha from the Washington Capitals on Tuesday.

Many people around the NHL are frustrated with the defending Stanley Cup champions and the way they’re using loopholes in the salary cap to acquire top talent for their impending cup run. “How does Vegas keep getting away with this?” Brian Hayes said on a segment of SportsCenter on TSN.

This isn’t the first time the Golden Knights have done this. Prior to last year’s trade deadline, Mark Stone was placed on long-term injured reserve (LTIR) following back surgery. This allowed Vegas to trade for Ivan Barbashev, Teddy Blueger and Jonathan Quick despite having very little cap room.

When a player is placed on LTIR their salary no longer counts against the team’s cap. Stone’s cap hit is at $9.5 million, so that left Vegas with plenty of room to add three key players in their cup run.

These moves are advantageous because there is no salary cap for teams once the playoffs start.

Mark Stone was conveniently ready for game one of the playoffs and produced an impressive 11 goals and 24 points enroute to winning the Conn Smythe trophy as the Stanely Cup Finals MVP.

Stone is now on LTIR again as the trade deadline nears. This opened the door for Hanifin to be sent to Vegas.

While the Golden Knights are the latest team to circumvent the salary cap, they weren’t the first. That honor belongs to the Tampa Bay Lightning.

In the 2020-21 season, Lightning star Nikita Kucherov needed surgery and was placed on LTIR. The Lightning were then able to trade for David Savard, a lockdown defender who helped them secure their second straight Stanely Cup.

Kucherov was likely ready before the playoffs, but wasn’t added to the roster until they started because Tampa Bay would’ve been over the salary cap.

Vegas will have more chances to add to their team. The NHL’s trade deadline is this Friday March 8 at 3 p.m.

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