The Vegas expansion draft strategy was all about accumulating picks. If Stajan had any trade value the Knights would have picked and flipped him.
The Phanuef trade wasn't Gilmour horrible but it was still a bad trade. The Flames should have been able to trade him for a good young forward like Jones for Johansen or Larsson for Hall. Instead they got spare parts. Stajan still contributing to the Flames makes the trade better however a bottom line centre could have been acquired for a 3rd round pick or through free agency, not by giving up a Norris nominated young defenceman.
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