The Arizona Coyotes are trading goaltender Mike Smith to the Calgary Flames, reports TSN's Bob McKenzie.
Calgary will send the rights to defensive prospect Brandon Hickey and a conditional third-round pick to the Coyotes, and netminder Chad Johnson is also going to Arizona in the deal, reports TSN's Pierre LeBrun.
The third-round pick becomes a second-rounder if the Flames make the playoffs, reports Arizona Sports' Craig Morgan.
The Coyotes will retain 25 percent of Smith's salary, according to McKenzie. The 35-year-old has two seasons left on his contract at an annual cap hit of about $5.67 million.
Earlier this offseason, Smith submitted a list of eight teams to which he'd agree to be dealt, according to LeBrun.
The Flames' goaltending situation was uncertain entering the summer, as both Johnson and Brian Elliott are pending unrestricted free agents.
Smith went 19-26-9 with a 2.92 GAA and .914 save percentage in 55 games behind a porous Coyotes defense in 2016-17.
He'll depart the desert ranked third on the franchise's all-time save percentage and GAA lists, having faced the most shots and having made the most saves in club history.
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