The Pittsburgh Penguins acquired veteran right-winger Alexei Kovalev on Thursday after much speculation that a deal would in fact go down.
The Senators acquired a 7th round pick in exchange for Kovalev who had a less than stellar stay in Ottawa. Kovalev was a Penguin for over four seasons earlier in his career but has seen production drop off as of late.
He could be a good addition to a team that added James Neal and will have captain Sidney Crosby return soon.
Rumors have also speculated that Bryan McCabe of the Florida Panthers may be on the move very soon.
McCabe only once has been close to the Cup; back in 2002 when the Maple Leafs reached the Conference Finals and could be shipped to a contender. Several teams in the Western Conference such as Nashville, Columbus, and Minnesota very likely would be interested.
There are still many moves that will most likely be in the works in the coming days. It will be interesting to see how it shakes out.