Flames' Mike Smith: Traded to Calgary

The Coyotes traded Smith to the Flames on Saturday in exchange for goalie Chad Johnson, defensive prospect Brandon Hickey and a conditional third-round draft pick, per Cap Friendly.

In order to swing this deal, the Coyotes agreed to retain 25 percent of Smith's salary. The Flames had both the departing Johnson and Brian Elliott under one-year contracts this year, so adding Smith -- who spent the past six seasons in Arizona -- was a necessary course of action, as prospect Jon Gillies may be ready for the big stage, but not necessarily the No. 1 role. From a fantasy perspective, Smith could get a sizable boost in value since he's moving from the 27th-ranked team in shorthanded situations to one that sat 12th with a stave-off rate of 81.6 percent. The veteran backstop has gone 195-198-60 with a 2.70 GAA and .913 save mark over 474 career games between the Stars, Lightning and Coyotes, respectively.

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