On June 24th Holland traded Daytsuk's contract and the 16th overall pick to Arizona for their 20th overall (Rangers original pick) and their 53th overall pick. This trade freed 7.5 million in cap space from the roster.
The money- Holland used the cap space to buy out Stephan Weiss contract (1.6 million through 20-21) and sign Frans Nielsen at 5.25 million through 21-22.
Arizona 16th pick - Arizona picked Jakob Chychrun who is playing his 4th season in the NHL and is third on the team in ice time behind Alex Goligoski and Oliver Ekman-Larrson 9th on the team in scoring and looking like a 21 year old serviceable top pairing D. Aside from durability questions overall looking like a solid pick.
Redwings 20th pick - Dennis Cholowski still in development has not yet played a full season looking like he could be a salvageable 3rd pairing with a chance at second pairing low end PP QB.
Redwings 53rd pick - Filip Hronek developing into a fan favorite minute muncher possibly washing out the loss of the opportunity to draft Chychrun
The season 2016-17 - Wings fail to qualify for the playoffs
My personal conjecture. It was obvious at this point the wings were barely a bubble team and had no firepower to do anything even if they got into the playoffs. If Lidstrom retiring did not kick off the rebuild, how on earth was Daytsuk's retirement not the trigger? Trading down in a draft when you are rebuilding and then clearing cap space to sign mediocrity and buy out the mediocrity you are replacing with the mediocrity is pure insanity and an underscore in how inept Holland was at the end of his run in Detroit.
First of all a team that clearly needed to rebuild should not be prioritizing cap space
Second trading down in the draft did exactly what was feared lost us our opportunity at choosing the better player on paper, and the better player in reality after 4 years of results.
Third Hronek looks like a win but there is no reason they couldn't have drafted Hronek at 46th. Smith doesn't look like he is turning into anything special
Fourth how were we not kicking off the rebuild after Daytsuk retired? This trade did not even buy Holland another season to add to the streak and left us with another negative value contract through 20-22.
At the end of the day its looking like we can easily declare the Coyotes are clear winners, Chychrun would be our number 1 D. Instead we have Hronek who we could have had anyway, Cholowski who has major question marks, and Neilsen who many people are crying for a buyout which would be a buyout for the replacement of the previous buyout.