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Tampa Bay Lightning trade Ryan McDonagh, creating more cap space than you can imagine

The Tampa Bay Lightning have traded veteran defenseman Ryan McDonagh to the Nashville Predators in exchange for Philippe Myers and AHLer Grant Mismash. This is a move made to create cap space in two ways, and reallocate money away from the defense in order to invest in the Lightning’s declining offense from last season.

How the Lightning Created Cap Space pt. 1

Right off the bat, the Tampa Bay Lightning cleared $6.75 million from their payroll for next season. A big sum, especially since the 33-year-old McDonagh was going to carry that for another four years.