I'm leaning towards
@bleedblue94 and think this is actually forbidden in the CBA. I'm also pretty sure if Brooksie heard about such a rumour, the league has heard about it and basically sent a memo "don't do it".
The last time similar circumvention was used when Colorado traded for Grubauer and Orpik, bought Orpik out and then Caps re-signed him. The league basically sent out a memo saying Colorado and Washington were not going to be punished because technically that was allowed, but any team trying to pull similar BS in the future would be hit. After this there was the Tampa LTIR-stuff, I think the league really doesn't want to have anything of this sort going on. Let alone it being with Arizona which is a controversial team anyway...