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P. Grubauer - G

WSH

Grubauer signed a three-year contract Saturday worth approximately $10 million, Renaud Lavoie of TVA Sports reports.

Stuck behind Braden Holtby on the Capitals' depth chart, Grubauer was dealt to the Avalanche on Friday along with Brooks Orpik for the 47th pick in the 2018 NHL Entry Draft. With no stalwart ahead of him on the Colorado depth chart, Grubauer -- who seized the starting job away from Holtby for a chunk of the 2017-18 campaign -- should join the Avalanche in a good position to earn the primary role for the club next season. His last five seasons in the nation's capital have been impressive, though last year's showing may have been his most impactful for the eventual Stanley Cup champions.

Added 4:46 pm (EST)

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M. Ferland - F

CGY

Ferland was traded to the Hurricanes on Saturday, reports Bob McKenzie of TSN.ca.

Ferland is joined in Carolina by Dougie Hamilton and prospect Adam Fox, while Noah Hanifin and Elias Lindholm head out to Calgary. Ferland broke out in a big way in 2017-18, delivering 21 goals and 41 points in 77 games. He's a versatile winger with a decent two-way game. Ferland is destined for the Canes' top six, at least for a few seasons.

Added 2:12 pm (EST)

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N. Hanifin - D

CAR

Hanifin was traded to Calgary on Saturday as part of a big draft day trade, reports Bob McKenzie of TSN.ca.

The former fifth overall pick packs his bags, along with right winger Elias Lindholm, and heads to the wild west in exchange for Dougie Hamilton, Micheal Ferland and prospect Adam Fox. Hanifin has been held in high regard for a long time, but has not taken a big jump in development in his three seasons in the NHL. Surrounded by a strong cast in Calgary, Hanifin's offensive game should take off.

Added 2:08 pm (EST)

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D. Hamilton - D

CGY

Hamilton was traded to the Hurricanes on Saturday, reports Bob McKenzie of TSN.ca.

The six-foot-six, 210 pound stud heads east with Micheal Ferland and prospect Adam Fox, in exchange for Elias Lindholm and Noah Hanifin. Hamilton immediately takes the Canes to a new level, although it is important to note that his game suffered immediately following his trade from Boston to Calgary. He's more mature now, so hopefully this cerebral defender has the tools needed to make this a seamless transition. Hamilton has delivered four consecutive 40-plus point seasons and hit 50 points in 2016-17.

Added 2:00 pm (EST)

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E. Lindholm - F

CAR

Lindholm was traded to the Flames on the second day of the NHL Entry Draft on Saturday, reports Bob McKenzie of TSN.ca.

Lindholm and Noah Hanifin head west, while Dougie Hamilton, Micheal Ferland and defense project Adam Fox head to Carolina. Lindholm can play both right wing and center, so he'll be in the Flames' top six.

Added 1:52 pm (EST)

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B. Orpik - D

WSH

Orpik was placed on waivers Saturday for the purpose of a contract buyout by the Avalanche, Elliotte Friedman of Sportsnet reports.

The Capitals traded Orpik to the Avalanche -- along with goalie Phillipp Grubauer -- in exchange for the 47th overall pick in the 2018 NHL Entry Draft (Kody Clark from OHL Ottawa) on Friday, but the veteran defenseman was never expected to be retained by Colorado. Instead, it gave the Western Conference club leverage in acquiring Grubauer, while the Capitals saved cap space to potentially pave the way for the Stanley Cup champions to re-sign John Carlson. It wouldn't be surprising if Orpik clears waivers and heads right back to Washington under more favorable terms for GM Brian MacLellan.

Added 1:20 pm (EST)

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J. Tavares - F

NYI

Tavares will meet with five teams during the free agency interview period that opens Sunday, reports Larry Brooks of the New York Post.

We don't know which teams, but Brooks was quick to point out that the Rangers were not among the five. This move by Tavares was to be expected -- you don't wait this long to get to free agency without at least having a conversation with other teams. The Isles remain committed to re-signing their stud.

Added 12:50 pm (EST)

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P. Kessel - F

PIT

Penguins' head coach Mike Sullivan has denied an alleged rift with Kessel that has been publicly simmering for the last six weeks.

Reports surfaced in early May that Kessel was unhappy he wasn't given enough ice-time on Evgeni Malkin's line. Then just before the NHL Entry Draft, another report suggested Kessel wasn't opposed to getting traded to another club. The Coyotes were named as a desirable destination. While he and Kessel have disagreed from time to time, Sullivan was quick to say, "A lot of what's been written ... has been false. I know where my relationship is with Phil, and I certainly have a comfort level with it. I think Phil does, too." Kessel posted a career-best 92-point effort this past year and has won two Cups. But this isn't the first time that attitudinal issues have surfaced about the shy, but intense sniper.

Added 12:44 pm (EST)

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J. Carlson - D

WSH

Carlson is close to re-signing with the Capitals, reports NHL.com.

The Caps freed up cap space by moving Philipp Grubauer and Brooks Orpik to the Avalanche on Friday so they could pursue Carlson's re-signing with greater earnest. The team wants to sew him up before Sunday, the day when the pending UFA can start chatting with other teams. "We're going to do our best to sign John, we've said it all along," Caps general manager Brian MacLellan said. "We're close, and hopefully we can close the deal here in the next 24 hours." Carlson led all NHL defensemen with 68 points (15 goals, 53 assists) this season.

Added 11:03 am (EST)

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L. Kunin - F

MIN

Kunin said his recovery from a torn ACL is "going great," and he's working towards being ready for the start of training camp, Michael Russo of The Athletic Minnesota reports.

Russo spoke to Kunin at the 2018 NHL Entry Draft in Dallas on Friday. A prospect belonging to the Wild, he went 15th overall in the 2015 draft, and he ended up with two goals and two assists in 19 games as part of the 2017-18 campaign. Unfortunately, since he sustained his knee injury in March, the former Wisconsin Badger did not get a chance to make his NHL postseason debut. Fantasy owners involved in dynasty leagues are encouraged to practice patience with Kunin since he carries plenty of upside.

Added 10:06 am (EST)

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S. Morin - D

PHI

Morin (knee) agreed to a three-year contract extension with the Flyers on Friday, Stephen Whyno of the Associated Press reports.

According to an unnamed source that Whyno cited, Morin's deal is worth $700,000 annually. It's refreshing to see Philly standing behind its towering prospect (6-foot-6, 202 pounds) despite how he required surgery to repair a torn ACL in May and is expected to be kept off the game ice until February of 2019. Morin very well could be worth the wait -- after all, the Flyers took him 11th overall in the 2013 NHL Entry Draft, and among the blueliners who finished the year on the team's active NHL roster last season, only four of them are currently under contract for the 2018-19 campaign.

Added 12:13 am (EST)

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B. Orpik - D

WSH

The Capitals dealt Orpik to the Avalanche on Friday -- along with goaltender Philipp Grubauer -- in exchange for the 47th overall pick in the 2018 NHL Entry Draft, Isabelle Khurshudyan of The Washington Post reports.

TSN's Pierre LeBrun passes on word that Colorado is trying to trade Orpik, and the club is expected to buy him out if the effort fails. Washington needed to create cap space in an attempt to sign pending UFA defender John Carlson, and moving Orpik's $5.5 million contract was their clearest and easiest path to doing so. Orpik, who posted zero goals and 10 assists in 81 games last season, has one year remaining on his deal.

Added Yesterday 7:15 pm (EST)

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Player Alarms

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P. Grubauer - G

WSH

Grubauer signed a three-year contract Saturday worth approximately $10 million, Renaud Lavoie of TVA Sports reports.

Added 4:46 pm (EST)

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M. Ferland - F

CGY

Ferland was traded to the Hurricanes on Saturday, reports Bob McKenzie of TSN.ca.

Added 2:12 pm (EST)

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N. Hanifin - D

CAR

Hanifin was traded to Calgary on Saturday as part of a big draft day trade, reports Bob McKenzie of TSN.ca.

Added 2:08 pm (EST)

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D. Hamilton - D

CGY

Hamilton was traded to the Hurricanes on Saturday, reports Bob McKenzie of TSN.ca.

Added 2:00 pm (EST)

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E. Lindholm - F

CAR

Lindholm was traded to the Flames on the second day of the NHL Entry Draft on Saturday, reports Bob McKenzie of TSN.ca.

Added 1:52 pm (EST)

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B. Orpik - D

WSH

Orpik was placed on waivers Saturday for the purpose of a contract buyout by the Avalanche, Elliotte Friedman of Sportsnet reports.

Added 1:20 pm (EST)

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J. Tavares - F

NYI

Tavares will meet with five teams during the free agency interview period that opens Sunday, reports Larry Brooks of the New York Post.

Added 12:50 pm (EST)

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P. Kessel - F

PIT

Penguins' head coach Mike Sullivan has denied an alleged rift with Kessel that has been publicly simmering for the last six weeks.

Added 12:44 pm (EST)

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