In exchange, the Wild will send a haul of draft picks, including a 2017 first-round pick, a 2018 second-round pick, and a 2019 conditional fourth-round pick.
Hanzal, 30, leads the Coyotes with 16 goals, tying his personal career high.
That 2019 fourth-round pick becomes a third-rounder if Minnesota wins one playoff round this spring and a second-rounder if it wins reaches the West final. GM John Chayka said he has worked "tirelessly" on a Hanzal deal since Christmas and was glad to get picks in the next three drafts. He has a 47.6 5v5 CF%, but +2.1% relative to the rest of the Coyotes.
The Minnesota Wild own the best record in the Western Conference, and they got a jump on Wednesday's National Hockey League trade deadline by making a move Sunday night.
That's a steep price to give up for a 36-year-old veteran and a fourth-line forward. Hanzal and White are both unrestricted free agents at the end of the season, and with the Coyotes not making the playoffs for a fifth straight year, the move was practically inevitable.
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The bar is set high, however Swansea players seem to be enjoying 2017 and there will be no pressure to bring home any points. Costa's goal, seven minutes from time made the scoreline look like it was a dominant display, but it was anything but.
White, 28, notched seven goals and six assists this season as a center with the Coyotes, and was second on the club with 138 hits.
For the Wild, fulfilling their longstanding Stanley Cup goal is priceless.
For the Wild, this move is the clearest indication that General Manager Chuck Fletcher believes now is the time to win.
Hanzal was so respected that Coyotes captain Shane Doan said on Fox Sports Arizona that "you just don't get it" why he was traded. Throughout all strengths of play, Hanzal has won 56.0% of all his faceoffs this season, which is better than both Mikko Koivu at 55.2% and Erik Haula at 54.0%. Here's wishing him and Ryan White the best in Minnesota.