The first major trade chip of deadline season found a new home when the Calgary Flames sent star winger Jarome Iginla to the Pittsburgh Penguins in exchange for a pair of prospects and a first-round pick (per USA Today's Kevin Allen). It was the biggest move of the season so far.
Other teams should quickly follow suit and start working out deals. The deadline is less than a week away, which means the decision to become a buyer or seller should already be made and general managers are now working to bolster their roster for a run or looking toward the future.
Knowing that, let's take a look at some of the latest buzz from around the league and analyze what it means for the teams involved. It should be an interesting stretch leading up to the deadline.
The Buffalo Sabres attempted to build a tougher, grittier team for this season. The experiment failed miserably. Miller has often been left out to dry by his dreadful defense group, and it shows, as he's on pace for the worst statistical season of his career (2.88 goals-against average).
Knowing the down numbers are largely a product of the team in front of him, it's no surprise he's still generating interest on the trade market. Daren Millard of Sportsnet reports that Miller has been brought up in trade talks with the Tampa Bay Lightning.
The connection makes sense. Tampa Bay's goaltending woes weren't solved by bringing in Anders Lindback during the offseason and Miller would give the team a reliable goalie to play behind its dynamic offense.
Regardless of the destination, the Sabres should definitely look to move Miller.
It's easy to see why contenders would be interested in Jagr. Even at 41, he's scored 14 goals in 31 games, which amounts to a 37-goal pace during a normal season. Add in his experience in high-pressure situations and he would be an ideal addition for the stretch run.
Alas, Pierre LeBrun of ESPN reports that sources close to the Dallas Stars say the team is trying to reach an extension with the veteran rather than shopping him. He's scheduled to become a free agent after the lockout-shortened campaign.
Perhaps Jagr could become available before the deadline if contract talks struggle to pick up steam. As it stands now, however, it appears teams will be forced to look elsewhere for a veteran winger.
It's a market that was already thinned out by the Iginla trade.
Whitney has spent a lot of time in the rumor mill since the lockout ended. Now that the deadline is approaching, things are beginning to heat up again. The defenseman scored 26 goals in a two-season span earlier in his career and can be an asset on the power play.
Bob McKenzie of TSN reports that the Edmonton Oilers haven't reached an agreement to trade him yet despite plenty of buzz, but they are definitely working to move him. He's struggled to maintain his spot in the lineup this season.
Although Whitney hasn't developed into the premier offensive defenseman he was projected to be, he could still be a useful asset. He's tallied 10 points in 24 games this season.
The Oilers should be able to find a buyer if their asking price is reasonable.