12:20 PM: First and maybe biggest news of the day. Gonchar to Ottawa Senators. 3 years at about $5.5 mil/per. Who wouldn't go for that raise. We'll miss you, Gonch.
1:20 PM: Pens sign D Zybnek Michalek to a 5 year, $20 million deal. Less than what Hamhuis, Gonchar, Volchenkov have/will go for, so a good sign for Shero and the Pens
2:40 PM: Conflicting reports on whether or not D Paul Martin is a Penguin. ESPN says yes, Rob Rossi says not yet. Wait and see.
2:45 PM: Looks like ESPN was right. 5 years at $5 million per year. Shero leaving very little cap room here. Quite a surprise after the Michalek signing.
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