I routinely think this fan base writes off Hextall's magic in trades, as if it's super easy to get value in deals. If it's so easy, then refer to how your gut feels when you think about Giroux's likely return in a trade under Fletch.
Hextall made people eat their lunch when trades were made with him at the helm. Got more than we thought *nearly* every time.
He only ever sold things, though. So, he got good value selling players off (Timonen and Coburn in particular) at times when the prices were highest (basically always the deadline) but he never made a single trade to improve the NHL roster at the time—other than some picks for Mrazek (who barely played) and Grossmann + Pronger's contract for Gagner (which...whatever).
He also took on big bullshit caphits for mediocre-to-awful players (Filppula, Lehtera, Gagner) that actually stayed on the roster for a long time, perpetuating the team's mediocrity. Often the return was likely better due to his willingness to take cap dumps that other teams likely would not have.
His "magic" was in maintaining a team that was perennially selling pieces off and wasting 10+% of its cap space on useless contracts. He received a lot of draft picks and the resulting players have been a total mixed bag.
Both he and Fletcher failed to improve the team for different reasons. Neither committed to a full teardown, though Hextall came a bit closer to it. Hextall compiled tons of picks but also a ton of garbage cap, Fletcher has spent a ton of resources and also acquired a ton of garbage cap. Neither put the team in position to make major impact acquisitions via trade or free agency, and they haven't sucked hard enough or drafted well enough to attain transformative talent through the draft.
I wanted Hextall to work, I really did, but if we're talking about a franchise wasting Giroux's prime...he's the guy who ate up most of it with his tactics.
His contract extensions were very good though.