NYR gets Raphael Diaz for a 5th in 2015 from Canucks.— Mark Spector (@SportsnetSpec) March 5, 2014
Diaz, 28, is a right-handed blueliner that will become a UFA at the end of the season. He was traded earlier this season by the Canadiens to the Canucks for former Ranger Dale Weise. The Rangers will be his third team this season.
Looks like the Rangers simply wanted a better option than Justin Falk for the team's seventh defenseman in the event that there is an injury on the Rangers blue line. Diaz has some offensive upside as well and he's Swiss... so there's that.