Deal was reported by TSN.ca around 2:30 p.m.Senators get Jonathan Cheechoo, Milan Michalek, and a second-round pick for Dany Heatley and a fifth-round pick. It's a done deal reported as completed by many media outlets. Bryan Murray has spoken publicly about the trade.
We knew things were getting down to business after ESPN reported that a deal with San Jose and Los Angeles was actually completed... although it didn't actually happen.
Senators fans should be excited about the result of this trade: Cheechoo is a former Rocket Richard trophy winner, though last season was his worst in many years - only 29 points.
In Michalek, the Senators get a young forward with tremendous potential. The 2003 draft pick had 23 goals and 57 points last season.
The trade certainly marks the end of an era for the Senators, who had Heatley on the path to becoming the team's next captain. The Ottawa Senators that exist now are a far cry from the team that went to the Stanley Cup Finals in 2007 - in terms of players, offensive and defensive styles, and coaching, it's all new.
Most importantly, we can stop talking about this whole damned situation.
More info and analysis to come...
Update: Looking at it from a cap situation, Cheechoo has two more years at $3-million (not a bad deal if he can return to any kind of form) and Michalek is the longer deal until 2013-14 at $4.3-million.
Looks like the deal is about equal for both teams, cap wise.
Update: Senators official press release on trade.
Update: Learned it's pronounced - 'mo-hall-lek' and he likes scoring goals.
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