Senators trade Schaefer to Bruins / Updates

With plenty of free agents to sign, especially Ray Emery, the Sens cleared some cap space today, trading Peter Schaefer to the Bruins in exchange for Shean Donovan.
Schaefer has 3 years left on his contract at $2.23 per season while Donovan has 1 year left that pays him $925,000.
This is a decent upgrade for Boston, as Schaefer had 12 goals and 46 points in 77 games last season, while Donovan had 6 goals and 17 points in 76 games.
The Sens were more concerned about saving dollars at this point.


The Hurricanes have re-acquired speedy Matt Cullen from the Rangers today in exchange for D-man Andrew Hutchinson, forward Joe Barnes, and a 3rd round pick in the 2008 Entry Draft.
The Rangers had to clear Cullen's $2.8 million from their payroll and got another defenceman in return, an area they are not-so deep in. Cullen is a great speedy and gritty role player. I'm sure the Canes are welcoming him back with open arms.


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