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The NHL's initial transaction of the off-season was concluded.


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Jim Cardoze
May 21, 2024  (5:44 PM)
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NHL's first trade of the off-season completed
Photo credit: Bruce Bennett/Pool Photo-USA TODAY

Lightning complete official trade

Both teams, sharing the common ground of early playoff exits, have opted for a trade that promises to benefit both sides as they prepare for the next season.
The Nashville Predators, who were eliminated by the Vancouver Canucks, faced an expected early departure from the playoffs. Meanwhile, the Tampa Bay Lightning were ousted by the Florida Panthers, who are advancing to the conference finals once again. This disappointing first-round exit for both teams has led to a strategic move aimed at rebuilding and strengthening their rosters.
Ryan McDonagh, a seasoned defenseman who spent five years with the Tampa Bay Lightning from 2017 to 2022, is now set to return to his former team. This trade, announced officially, brings significant changes for both teams involved.
Nashville Predators General Manager Barry Trotz announced today that the team has acquired a seventh-round pick in the 2024 NHL Draft and a second-round pick in the 2025 NHL Draft from the Tampa Bay Lightning in exchange for defenseman Ryan McDonagh and Edmonton's fourth-round pick in the 2024 NHL Draft.
The implications of this trade are considerable for the Tampa Bay Lightning, who now find themselves with only $5 million in cap space remaining. This financial constraint is critical as they still need to address the contract situation of their captain, Steven Stamkos, who remains unsigned.
By orchestrating this trade, both teams are aiming to reshape their futures after a disappointing end to their recent playoff campaigns. The return of Ryan McDonagh to the Lightning adds a familiar face with proven defensive skills, while the Predators gain valuable draft picks that could help them build a stronger team for the future.
This trade marks the beginning of what promises to be an eventful NHL off-season, with teams looking to make strategic moves to improve their standings and performance in the upcoming season. Fans of both teams will be eager to see how these changes unfold and impact their favorite players and overall team dynamics.

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