If your favorite NHL team hasn't made a big splash in free agency in July, that's OK.
NHL teams should build the best regular-season team they can, but they don't need to have every hole filled (and often can't due to the salary cap) until they reach the trade deadline in March.
The last four Stanley Cup champions — Tampa Bay, Colorado, Vegas and Florida — have used the trade deadline to great effect.
Because of the COVID-era flat salary cap, teams with limited cap space got creative to successfully build out a roster that could do two things: carry them through the fall and winter into the playoffs and then to a championship in the spring.
For years prior to winning consecutive Stanley Cups in 2020 and 2021, the Lightning were just another high-powered team, one that suffered a "disaster of this magnitude" during the playoffs in April 2019.
April 16, 2019: The Columbus Blue Jackets defeat Tampa Bay 7-3 in Game 4 of the first round of the Stanley Cup Playoffs to sweep the series from the Presidents’ Trophy winning Lightning. pic.twitter.com/sF0nxwKzUD
— This Day In Sports Clips (@TDISportsClips) April 16, 2021
After building a strong core through the NHL Draft, the Lightning made use of subsequent trade deadlines to build a consistent winner that continues to be the envy of most NHL franchises.
In the waning moments of the 2018 trade deadline, NHL insiders learned of a blockbuster trade. Tampa Bay dealt five assets to the New York Rangers, who had recently announced their intention to strip down their core and rebuild, for two players with looming contract issues: left-handed defenseman Ryan McDonagh and forward J.T. Miller.
McDonagh, the Rangers' captain, had seen significant postseason action in New York as its most important blue-liner. Tampa Bay signed both players to contract extensions, but only one would contribute to the Lightning dynasty.
OFFICIAL: #NYR have acquired Vladislav Namestnikov, Libor Hajek, Brett Howden, a first-round pick in the 2018 NHL Draft, and a conditional first-round pick in the 2019 NHL Draft from Tampa Bay in exchange for Ryan McDonagh and J.T. Miller. pic.twitter.com/qmfOW2i2CZ
— New York Rangers (@NYRangers) February 26, 2018
With McDonagh on the ice during many of its most difficult matchups, Tampa Bay allowed just two goals against per hour during the Lightning's two Stanley Cup playoff runs, according to Natural Stat Trick.
That mark is better than that of Florida's Gustav Forsling — lauded now as perhaps the best defensive defenseman in the NHL — whose Panthers allowed 2.22 goals against per hour with him on the ice during their back-to-back playoff runs to the Stanley Cup Final in 2023 and 2024.
Tampa Bay couldn't quite get over the hump with McDonagh and Miller, but trading Miller to Vancouver for desperately needed cap space and a first-round draft pick helped set the stage for the 2020 trade deadline.
In March that season, the Lightning traded two first-round picks and two prospects in two different deals to acquire forward Blake Coleman from New Jersey and forward Barclay Goodrow from San Jose. Both players were acquired with the aid of cap retention by the Devils and Sharks, respectively.
Even better, both came with an additional year remaining on their contracts. The Lightning, coached by Jon Cooper, would get two kicks at the Stanley Cup — which they won in 2020 and 2021 — with their new "Jeeps."
"You can't have all Ferraris, sometimes you need a good old-fashioned four-wheel drive Jeep to get you through the mud and that's what Barclay Goodrow can do for you." - Jon Cooper
— The Bolt Report (@BoltReport_TB) December 31, 2021
Welcome back, Goody. We've missed you. #TBLightning #GoBolts #NYRvsTBL pic.twitter.com/sRucXqlZOO
Cooper got players who could defend well, transition up ice and play in the dirtiest, hardest areas. Coleman and Goodrow also had the added benefit of being able to play all three forward positions. In fact, Coleman and Goodrow joined Yanni Gourde to form one of the most effective playoff lines of the cap era.
Cooper deployed Coleman-Gourde-Goodrow as his second line, watching the team allow just 1.23 goals per hour when on the ice over its two Cup-winning playoff runs. The Lightning outscored the opposition 15-10 across eight consecutive playoff series, according to Natural Stat Trick.
Tampa Bay proved the trade deadline is now an essential piece of team building in the NHL. More teams should follow its lead.
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