Coyotes get Stepan, Raanta for DeAngelo from Rangers

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The New York Rangers have acquired Anthony DeAngelo and the seventh overall pick in the 2017 NHL Entry Draft from the Arizona Coyotes in exchange for Antti Raanta and Derek Stepan.

Raanta, who was acquired in a June 2015 trade with the Chicago Blackhawks, was stellar while filling in for Henrik Lundqvist last season.

Stepan's entering the third year of a six-year, $39 million contract that comes with an annual cap hit of $6.5 million. In 30 games, he had a.922 save percentage and 2.26 goals-against average.

Murphy appeared in 77 games for the Coyotes past year, scoring 17 points. Raanta has one year left on his deal with a $1 million cap hit.

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In addition to the No. 7 pick, the Rangers own the No. 21 pick in the draft. The Rangers now have roughly $20 million in cap space with free agency set to begin on July 1.

The Rangers drafted Stepan out of Wisconsin in the second round of the 2008 NHL Draft.

In DeAngelo, the Rangers get a young, right-handed defenseman. In 92 games played in the National Hockey League, the 28-year-old has career 2.33 goals against average and.917 save percentage. He's durable, having only missed 11 games over the last four seasons, and has earned his reputation as a reliable top-four defensive defenseman. The native of Sewell, New Jersey, was the 19th overall pick by the Tampa Bay Lightning in 2014.

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