The Wings sign Ian White

The Red Wings get: Detroit has signed offensive defenseman Ian White to a very respectable two-year deal worth approximately $2.8 million per season.

The Red Wings get: Detroit has signed offensive defenseman Ian White to a very respectable two-year deal worth approximately $2.8 million per season.

The Leafs get: An injury prone but skilled center capable of playing in a top six role. Connolly was signed to a two-year contract worth about $4.5 million per season. After missing out on Richards, the Leafs went after their second choice. Cap space is only important if you need it, and over the next two years the Leafs needed to add a veteran center more than they needed the $4.5 million in cap space.

The Capitals get: An elite starting goaltender with a lot to prove. Tomas Vokoun had to settle for a measly one-year, $1.5 million contract, a far cry from the $5 million he has made each of the past few seasons in Florida. Did Philadelphia jump the gun on Bryzgalov?
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The Kings get: A legitimate sniper to play in their top six. Gagne was inked to a two-year deal worth a total of $7 million. He has had some serious injury issues in recent years, but rebounded nicely with a strong stretch run and postseason with the Lightning in 2010-11.

The Rangers get: The top free agent available. Brad Richards has inked a nine-year deal with the Rangers that will pay him an average of $6.67 million per season.

Fantasy Impact: The Florida Panthers have signed Tomas Fleischmann to a whopping four-year deal worth $18 million. They have also signed Ed Jovanovski, Marcel Goc, Scottie Upshall, Tomas Kopecky, Jose Theodore and they have traded for Kris Versteeg and Brian Campbell in the past week. Not to mention nabbing Jonathan Huberdeau and Rocco Grimaldi at the draft.

Fantasy Impact: Lots of changes in Dallas, as they have signed Michael Ryder, Vern Fiddler, Boyd Gordon, Jake Dowell, Radek Dvorak, Adam Pardy, and Sheldon Souray.

Fantasy Impact: The Buffalo Sabres have signed Ville Leino to a six-year deal worth $4.5 million per season.

Fantasy Impact: The Montreal Canadiens have signed winger Erik Cole to a four-year deal worth $18 million.

Fantasy Impact: The Washington Capitals have signed winger Joel Ward to a four-year deal worth $12 million.