Hall was acquired by the Coyotes with forward Blake Speers for forward prospects Nicholas Merkley and Nate Schnarr, defenseman prospect Kevin Bahl, a conditional first-round pick in the 2020 NHL Draft, and a conditional third-round pick in the 2021 NHL Draft.
Hall had an assist on the game-winning goal in his Coyotes debut, a 3-2 victory against the San Jose Sharks on Tuesday, and had an assist in an 8-5 loss to the Minnesota Wild on Thursday. He has 27 points (six goals, 21 assists) in 32 games this season.
"It's never an open-and-shut case where you say, 'It's going to free agency, I don't care what you offer'," Ferris said. "That's just not true, "Every situation is different. Every player is approached differently, and every situation has pros and cons to doing it earlier or later. All of those [pros and cons] are presented to a player, and we do extensive research and fact-finding and analytics, and there's a lot to it before we present an idea to a player, so at least he knows what his rights are and what his options are."
Hall, who had 37 points (11 goals, 26 assists) in 33 games last season, won the Hart Trophy as League MVP in 2017-18 when he had 93 points (39 goals, 54 assists) in 76 games and helped the Devils reach the Stanley Cup Playoffs for the first time in six seasons.
The Coyotes (20-13-4), who are tied with the Vegas Golden Knights for first place in the Pacific Division, visit the Detroit Red Wings on Sunday (7 p.m. ET; ESPN+, FS-D, FS-A, FS-A Plus, NHL.TV). Arizona has not made the playoffs in the past seven seasons.