By Michael Hurley, CBS Boston

5 p.m.: Fashionably late, the Capitals announce a trade. They acquire Martin Erat and Michael Latta from Nashville in exchange for Filip Forsberg.

3:57 p.m.: Looks like we’re done here, folks. It took a while, but the deadline did live up to expectations, with 14 total trades being made.

3:21 p.m.: The Bruins did indeed make a trade prior to the deadline, according to CSNNE’s Joe Haggerty. He reports the Bruins have acquired veteran defenseman Wade Redden.

Redden, 35, is in his 14th NHL season. He posted just five points, (two goals, three assists) and a minus-2 for St. Louis this season. He spent the 2010-11 season in the AHL with the Hartford Wolf Pack, where he posted 8-34-42 totals and a minus-1 rating in 70 games. He then captained the team (changed to the Connecticut Whale) the following year before the Rangers bought him out this past January. He signed with the Blues later that month.

Haggerty reported the Bruins sent a late-round draft pick from 2014 to St. Louis.

3:05 p.m.: Well, all that excitement was for nothing, except for hundreds of retweets for the reporters at Canucks practice, as Bob McKenzie says Luongo isn’t going anywhere.

3:04 p.m.: TSN reports that Luongo won’t be traded to Toronto, which was expected to be the landing spot. Stay tuned…

3:01 p.m.: The deadline has passed, but any deals completed before 3 p.m. could be reported in the coming minutes. For now, Raffi Torres has been traded to San Jose:

2:56 p.m.: This could be the biggest news of the day:

The Canucks have about three minutes to complete a trade, so…

2:43 p.m.: Another big name is on the move, with Renaud Lavoie reporting that the Sabres have traded Jason Pominville to the Minnesota Wild.

Pominville had 30 goals last season and has 10-15-25 totals in 37 games.

Michael Russo reports that Johan Larsson and Matt Hackett will go to New York in the deal and that picks may be involved.

2:36 p.m.: Wow, we have ourselves the biggest name of the deadline on the move, with ESPN’s Katie Strang reporting that the Rangers are shipping Marian Gaborik to Columbus.

The deal is a bit shocking, with Gaborik one of New York’s stars. However, with the salary cap going down next season, the Rangers were eventually going to have to move one of their high-priced players. Due $7.5 million next season, Gaborik certainly qualifies. And with the Rangers and Gaborik underperforming this year, the deal makes sense form a New York perspective, even without knowing what Columbus is sending East.

Gaborik does have a no-trade clause in his contract, but Darren Dreger reports Gaborik has waived it.

Darren Dreger reports that the players going to New York are Derek Brassard, Derek Dorset and John Moore.

2:27 p.m.: The Flyers have Ilya Bryzgalov under contract through 2020, so it’s surprising to see this move:

Steve Mason has been traded to the Flyers. Mason, the former Calder Trophy winner, has never recaptured that greatness from the 2008-09 season, and he has an .899 save percentage and 2.95 GAA this season.

2:09 p.m.: A day after Robin Lehner made 47 saves for the Senators, they find Ben Bishop to be expendable, trading him to Tampa Bay.

And, wow, the price was very high, as Bruce Garrioch reports the Senators get rookie Cory Conacher and a fourth-round pick in return.

Bishop has played in 13 games, going 8-5-0 with a .922 save percentage and 2.45 goals-against average. Conacher has nine goals and 15 assists for Tampa.

1:38 p.m.: Another player is off the market, according to Renaud Lavoie, in Brian Campbell. No fun there.

1:28 p.m.: Now here’s our first real heavy-hitter of the day: The Hurricanes have traded Jussi Jokinen to the Penguins, according to Pierre LeBrun.

The price Pittsburgh had to pay, according to Bob McKenzie, was a conditional pick, though the conditions have not yet been reported.

Jokinen has 6-5-11 totals this season and was expected to be moved today. The Penguins, meanwhile, continue to make additions after acquiring Brenden Morrow and Jarome Iginla well before the deadline.

And here’s a bizarre twist — the wives of both Smithson and Jokinen are giving birth today, according to TSN. How does that possibly happen?

UPDATE: According to Hurricanes PR guy Mike Sundheim, Jokinen’s wife is not having a baby today. So that explains how that impossible to believe story was actually impossible to believe.

12:55 p.m.: The trades are rolling in now, though still nothing major.

TSN’s Bob McKenzie reports that Jerred Smithson, he of 2-3-5 totals in 35 games for Florida this year, has been traded to Edmonton for a fourth-round pick.

12:40 p.m.: Another trade, this one involving an NHL player, as Scott Hannan has been traded from Nashville back to San Jose, where he spent the first eight seasons of his career.

The pick is a conditional sixth- or seventh-rounder, according to Bruce Garrioch.

12:25 p.m.: We have a trade! Finally!

The Bruins traded Maxime Sauve to Chicago in exchange for Rob Flick, according to TSN’s Darren Dreger.

Sauve, 23, has played in just one career NHL game. He has 10 goals and 13 assists in 53 games for AHL Providence after posting 11-15-26 totals in 39 games last season.

The 6-foot-2, 208-pound Flick, 22, has three goals and two assists in 51 games for the AHL Rockford Ice Hogs this season.

12:11 p.m.: Renaud Lavoie tweets that Alex Burmistrov is being shopped by Winnipeg. The 21-year-old has just eight points this season, but he had 13 goals and 15 assists last season in 76 games.

12:08 p.m.: Not trades, but waiver claims have come in, with Pierre LeBrun reporting the Flyers claimed Adam Hall from Tampa and the Jets claiming Mike Santorelli from the Panthers.

12 p.m.: Yahoo’s Nick Cotsonika sums up today’s deadline pretty accurately.

11:34 a.m.: And we have … another player who’s apparently not going anywhere.

Darren Dreger tweeted that not only will Miikka Kiprusoff be staying in Calgary, he’ll also be retiring at season’s end.

Kiprusoff had been in discussions with the Maple Leafs this week, and the thought was that the 36-year-old was talking about reworking his contract. That now appears to have been much ado about nothing.

11:21 a.m.: It seems the only news so far today has been that some players won’t be traded, which kind of defeats the purpose of this whole deadline day. Alas, Pierre LeBrun says that Mike Smith likely won’t be dealt.

Does that increase the possibility of Roberto Luongo being on the move today?

10:42 a.m.: We don’t know what Bruins GM Peter Chiarelli will do today, but we do know he’s already at work, with the B’s posting this picture to their Instagram account just now.

Some selective blurring on that photo makes it impossible to see anything except his stellar view of the highway, but chances are that book is full of defensemen who might be available.

Chiarelli told the Bruins’ website, “We have cap space and we’ve got some – we’ve actually got quite a lot of players, so it would have to be something pretty good for us to do something significant. You’ve just got to let it happen and you make your calls, and the day happens pretty quickly, actually.”

10:29 a.m.: It’s quiet this morning, as expected, as the GMs get to work on their phones with the deadline now within five hours. Once the ball gets rolling, though, it could set off the frenzy.

9:36 a.m.: With Mark Streit and the Islanders at odds at a contract extension, the defenseman was believed to be involved in today’s activity. However, Katie Strang of ESPN reports that Islanders have informed Streit that he won’t be traded.

The Islanders are currently in eighth place in the East, holding on to the final playoff spot. Streit has five goals and 15 assists but is a minus-15.

8 a.m.: All sports go through cycles of extreme over-hype, wild rumors and surprising reports, but very few of them ever actually follow through with actual trades when deadline day comes.

The NHL, however, is almost always the exception to that rule, as the trading deadline leads to a wild and crazy flurry of activity from a dozen or more teams, as they set up for a playoff push or make some long-term adjustments.

This year, it’s hard to know whether or not we’ll see the same chaotic deadline day. The shortened schedule leaves more teams than usual still contending for a playoff spot, so the normally well-defined line between buyers and sellers isn’t quite as clear this season as it has been in years past.

Still, this is the NHL, where there’s been an average of 23 trades on deadline day since the last lockout. There will undoubtedly be some action today.

Already, we know Jaromir Jagr went from Dallas to Boston and Ryane Clowe went from San Jose to the Rangers last night, which means the names we see traded today might be a bit of a surprise.

And we’ll have it all updated right here in the live blog all day long, with all the latest murmurs, whispers, rumors and reports from around the league.


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