DONE DEAL: Golden Knights & Coyotes Complete Trade

The Vegas Golden Knights have freed up a bunch of salary cap space as the team has traded defenseman Shea Weber (contract) and a fifth-round pick in 2023 to the Arizona Coyotes for forward Dysin Mayo.

VGK clearing up cap space for the next few years, Weber's contract has a $7.857M cap hit through 2025-26 although his actual salary is $1M per year starting next season. So a low cash transaction for Arizona.
But Vegas can now look at acquiring not just now but beyond this season https://t.co/8UHZyDBwUW
— Pierre LeBrun (@PierreVLeBrun) February 22, 2023

This is a very financial transaction for the Golden Knights who now have some cap flexibility not only for ahead of the March 3 trade deadline but also looking ahead to next season and beyond.

Why would #Yotes do this deal?

Mayo is owed:
1. $234k this season
2. $2M next 2 seasons
Total: $2.2M

Weber:
1. $827k this season
2. $1.2M next 3 ($3M at approx 60% injury insured)
Total: $2M

For a minuscule salary difference, they receive a 5th and get closer to the cap floor
— CapFriendly (@CapFriendly) February 22, 2023

As for Mayo, he's a 26-year-old right-handed defenseman who was originally a fifth-round pick by the Coyotes back in 2014. Mayo's appeared in 18 games this season and did not register a point in Arizona, and was a -8 rating.

Vegas can now add just about anyone and will be big players in the trade market this season.

Wrote today how off-season cap could be a problem for Vegas if they wanted to add a big salary with term. This eases that concern https://t.co/Q02s8rZsiO
— Elliotte Friedman (@FriedgeHNIC) February 22, 2023

**Breaking News** 🚨📰
I’m told @ArizonaCoyotes are trading D Dysin Mayo to @GoldenKnights in exchange for 5th Rd Pick in 2023 and D Shea Weber (contract). @espn @NHL @NHLNetwork @TSNHockey @DKSportsbook #HockeyTwitter pic.twitter.com/e30gw1FEIu
— Kevin Weekes (@KevinWeekes) February 22, 2023