Feels like the return would have likely been something like a 2nd + 5th if they would have waited until the deadline, or had they retained cap now.
But in order to do the trade now, and to not have to retain, the best offer on the table was the 3rd + 5th.
For whatever reason Conroy thought making the trade now (extra cap space, more flexibility) outweighed the difference of value between a 3rd and 2nd round pick.
Personally I would have held on and waited, especially with a division rival being the trade partner, but I also don't have full picture of the discussions the Flames are having.
To me the trade is still underwhelming because in the big picture I think the player would have had more value at the deadline, but also I do expect this was the best return they could have gotten on Nov.30th without retaining salary.
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