Expansion Draft
Every mock up I've seen has the Coyotes with the least desirable asset for Las Vegas. As it stands now I see 6 forwards - Vrbata, Rieder, Richardson, Burmistrov, Duclair, and Martinook certainly being protected. On defense, just 3 - OEL, Goligoski (NMC), and Murphy.
That leaves 1 more forward to be protected while leaving at least 2 available out of Doan, McGinn, Holland, and Jooris, but these guys aside from McGinn are also pending on resigning as the players you leave available need to be under contract through next season unless Las Vegas signs one of them in free agency. So unless Doan makes a decision, we're likely resigning one of Jooris and Holland they're here through at least the summer.
On defense 1 needs to be left open out of Michalek (retiring, not sure if it's official yet), Connauton, and Schenn.
My suspicion is that we're going to try and acquire another forward from a team with protection issues for non-roster assets and then we'll not have to waste a protection slot on McGinn, Jooris, Holland, or Doan, and can hold onto whoever is picked up.
If we try and acquire a defenseman, then it's going to be much more complicated. We'd likely lose at least a forward in exchange, either to a team that can protect whomever we're sending over, or we'd send non-roster assets and be left with unprotected players while we jostle protecting 4 forwards and now 4 defensemen.
The only thing I can see happening is trading something like Duclair and Rieder/Martinook for a solid defensemen. Most teams can't take on 2 new protected forwards though, and so might ask for one of those and some picks, in which case now we're equivalently losing whichever one of those forwards to Vegas just to secure that defenseman. I don't know, maybe it's worth it if the defenseman is really good, but I doubt it.