The San Jose Sharks announced they have acquired goaltender James Reimer and forward Jeremy Morin from the Toronto Maple Leafs on Saturday.
In return, the Maple Leafs received goalie Alex Stalock and forward Ben Smith.
According to ESPN.com's Pierre LeBrun, no salary will be retained in the deal, as Smith and Stalock going to Toronto "took care of that."
The Sharks receive an upgrade at the backup goaltender position in Reimer, who started 29 games this season for Toronto.
San Jose is currently sitting in seventh place in the Western Conference, just two points ahead of the eighth-place Colorado Avalanche. Acquiring a goalie like Reimer ensures the Sharks will have a solid second option behind starter Martin Jones instead of Stalock.
Coming over with Reimer, Morin has spent the entire 2015-16 season in the AHL. The 23-year-old began his career with the Chicago Blackhawks, appearing in eight games over five years before being dealt to the Columbus Blue Jackets.
He has ties to the Sharks coaching staff, having played under assistant coach Steve Spott in the Ontario Hockey League in 2009.
Morin adds depth to a left wing position that hasn't gotten much production from its lower lines. Melker Karlsson has 13 points in 45 games, while San Jose picked up Nick Spaling from the Maple Leafs on Monday as a part of the Roman Polak deal to play on the fourth line.
"Jeremy gives our group another versatile forward and a player that our coaching staff is familiar with," Wilson said.
For the Maple Leafs, it's all about cleaning house and looking ahead toward free agency during the offseason. Through 59 games, Toronto has just 52 points and will look to spend some serious money once the season ends.
Sportsnet's Paul Romanuk referenced speculation linking the Maple Leafs to Tampa Bay Lightning superstar forward Steven Stamkos, who will be a free agent after the season.
In the meantime, Stalock can play behind Jonathan Bernier in goal while the 27-year-old Smith could play right wing on the lower lines.
Stats courtesy of Hockey-Reference.com.