On June 11, TFP reported that the two teams were finalizing the trade before the NHL Draft. Markstrom, 34, agreed to waive his no-movement clause during the season to accept a trade to New Jersey, but the move fell through at that time. He has two years left on his contract with a $6 million cap hit.
Last season, Markstrom played 48 games for the Flames, recording a 23-23-2 record, a 2.78 goals-against average, a .905 save percentage, and two shutouts.
The Flames are rebuilding, so getting future assets was the right move. Now, the Devils have a chance to compete for the Stanley Cup. They plan to make more moves to strengthen their contender status for the 2024-25 season.