Shawn Simpson of TSN is reporting that he’s been hearing that the Arizona Coyotes and Ottawa Senators have been talking a trade involving forward Derek Stepan. Stepan has a year left on his contract at a salary-cap hit of $6.5 million but a salary of $5 million.

The Senators would be one of the few teams who could afford to take on Stepan’s salary in such a tight cap market, but there’s still a good chance the Coyotes do retain salary in the deal just to move the cap hit out.
Surprisingly, the Coyotes have not dumped much salary despite heavy rumors in the offseason that big names with big contracts could be headed out of the organization. Stepan would represent the first real deal where that took place.

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