Joined: Jul. 2021
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Putting aside that they traded a top prospect to rent Barbashev and only got a 3rd-round pick for Smith, I think you have to look at this as giving up Smith for Barbashev, since both have $5M in cap hit. They gave Barbashev more term than Smith had, but he’s younger, so that should be ok. If not, they’ll probably be able to find somebody who’ll take him for future considerations.
This is a classic example of why I always say that when you pick up a player whose contract expires at the end of the season, you shouldn’t try to sign him right away – see how he fits in with your team first. They might have been able to get him to sign for less if they signed him as soon as they got him, but for all they knew then, he could have been a bust. Instead, he turned out to be the perfect left winger for Eichel, so it made sense to sign him and let Smith go. Having a top-line winger making only $5M is great for cap management.