From the Devils:
"The New Jersey Devils announced today that the team has acquired goaltender Jacob Markstrom from the Calgary Flames in exchange for Kevin Bahl and New Jersey's first-round selection in the 2025 NHL Draft (top-10 protected). Calgary will be retaining 31.25% of Markstrom's remaining contract, which after this season, has two years left on a six-year, $36,000,000 ($6,000,000 average annual value) deal originally signed with the Flames on October 9, 2020. The cap hit for those remaining two years will be $4,125,000. The announcement was made by President/General Manager Tom Fitzgerald."