I don’t think he’s lost value, he’s never had a lot of value.
Look at recent goalie trades:
Bishop was traded for a 4th round pick
Bishop asked to be traded in a goalie log jam, at that time, Bishop was just a really good AHL goalie. It took Bishop his 3rd team to really turn into the goalie people know him for today.
He was also 28-29 when he finally "broke out as a #1"
Jones was traded for a first and prospect
LA knew they were never going to afford to keep him and Jones wanted more than to be a back-up, likely behind the move in the first place.
Moved when he was 26yrs old.
Andersen was traded for the 30th overall and second round pick
He was a back-up on some of the best Ducks teams in the last few years, they finished 1st in their division and were at the top of the league in his first 3yrs, he was moved because well, the Ducks were smart to move him, since then Andersen is a polarizing goalie. His 2015-16 playoff numbers seem more like a fluke than what he's capable of.
Also, moved at 27yrs old.
Malcolm Subban was waived
Considering virtually every goalie that played for VGK did well and Subban sort of stunk in Boston, seems more like he's just not good and it's laughable he was even mentioned.
Dubnyk traded for a third round pick
He was also terrible for a few teams. Oilers, forgettable in Nashville, wasn't great in Arizona, then he found his way to Minnesota at the tender age of 29 and found a home.
Mzarek was traded for a third and fourth round pick (conditional)
Mrazek apparently had attitude issues and he stunk, he backed that up in spades for his "stinkiness" in Philly. I bet Philly regrets even wasting assets on him right now.
Jarry has played in 27 NHL games, and not 1 single playoff game. I think the fact that they like DeSmith better speaks volumes about Jarry’s value.
Plus, the following goalies are UFA’s
Hutton
Kuhdobin
A completely unknown goalie has very little value in my opinion. There just isn’t a strong market for goalies anymore.
I’d like to know how much Halak wants, and if it’s reasonable, I’d go after him. Murray is just so injury prone, and I don’t trust Jarry or DeSmith for any long stretches or playoff games.
If Khudobin was ever going to be a starter, he would have been one right now, he doesn't have the endurance to play the amount of games a start can and really hasn't been consistent in that regard, which is why he's a decent back-up at best and forever will be, his size doesn't help either. Which is why it's laughable when people think Saros is going to be the goalie of the future, he's good when he's a back-up, but in a starters role, he'll fail too.
Hutton, if Hutton was ever going to be a starter, he had his chances in St.Louis when Allen was having a mental break down. Hutton is 33yrs old and a product of the Blues style/system, he's not a guy any team with half a brain in management would sign thinking he's a #1 goalie, he's who you bring in to back up a guy like Jarry if he's the guy you want to groom as your #1 in a couple of years.
Jarry, meanwhile, is a 23yr old goalie with a high pedigree of winning and compete level. You know what he's done that those guys you rattled off, hilariously might I add, that they didn't?
Play NHL games at 22yrs old. He put up 14-6-2 record on a struggling team (yes, Pens were a struggling team for basically most of the last season) and showed that he's a guy with a bright future, but he needs to work on his conditioning to be able to handle the work load.
DeSmith is older than Jarry and played half the games Jarry did, the problem wasn't that Jarry was less preferred, it was more so that Jarry shouldn't have been playing as much as he did that early, if his games were cut to 14 as well, his numbers would be better as well. But he needed to play that to know what he needs to work on. Jarry is going to be a fantastic goalie, our problem is that Murray is 24yrs old, Jarry is 23, DeSmith is 26, anyone that thinks DeSmith is someone the team sees as a future back-up is kidding themselves. JR, if/when he moves Jarry, his next move will be to sign a veteran back-up which he will anyway.
And you're kidding yourself if you think Jarry doesn't hold decent value in a trade.