News Update

Ladislav Nagy was traded from the Phoenix Coyotes to the Dallas Stars in exchange for forward Mathias Tjarnqvist and a first round draft pick in the 2007 draft. Nagy makes 3 million this season and is a unrestricted free agent at the end of the season. Look for him to try and cash in on the free agent market this offseason. The Coyotes will try and move other players with large salaries (Derek Morris, Nick Boyton) or players who will become free agents once the season is over (Shane Doan, Mike Ricci).

Also Sami Kapanen, of the Philadelphia Flyers, has signed a two year contract extension for a total of 2.5 million. Each year will have a 1.25 million hit against the cap.