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Tom Preissing, D, Colorado Avalanche

TSN.com reports that the Avalanche have acquired Tom Preissing, defenseman Kyle Quincey and a fifth-round pick for Ryan Smyth.

Our View: Preissing wasn't the main ingredient in this deal. He only put up seven points last season in 22 games and the 30-year-old was waived at one point by the Kings. He will add depth in Colorado.

Kyle Quincey, D, Colorado Avalanche

Friday 7/3, 11:52 PM CT

According to TSN.com, Kyle Quincey has been traded to the Colorado Avalanche for Ryan Smyth.

Our View: Quincey heads to Denver with fellow defenseman Tom Priessing. He's a smooth puck-moving blueliner and will help bolster the Avs' power play. He put up 38 points last season and 27 of them were with the man advantage.

Ryan Smyth, LW, Los Angeles Kings

Friday 7/3, 11:48 PM CT

According to TSN.com, the Colorado Avalanche have traded Ryan Smyth to the Kings for Kyle Quincey, Tom Preissing and a fifth-round pick.

Our View: The Rockies needed to free up some cap space and trading Smyth took care of that. After having a miserable 2007-08 campaign, Smyth bounced back with 26 goals and 59 points last season. He'll be a main cog in the rebuilding process in LA.

Rick Nash, LW, Columbus Blue Jackets

Friday 7/3, 7:10 PM CT

According to TSN.com, Rick Nash is sticking with the Blue Jackets. For a long time. The 25-year old sniper has inked an eight-year contract extension worth $62.4 million.

Our View: The yearly cap hit on the deal is $7.8 million. Nash, who scored 40 goals and put up 79 points in 78 games last season, looks to finish his career in Columbus. The extension kicks in after this season, in which he is slated to make a cool $7 million. Nash is a four-time All Star and is an elite fantasy scorer who will go in the first couple rounds of virtually every draft.

Ryane Clowe, LW, San Jose Sharks

Friday 7/3, 4:35 PM CT

TSN.com reports that the Sharks and winger Ryane Clowe have agreed on a four-year contract extension.

Our View: The deal will pay Clowe just over $3.5 million per season. The 26-year old forward is coming off a career-high 22 goals and 52 points. He was a restricted free agent and the Sahrks did well to lock up the talented young scorer.

Ruslan Fedotenko, LW, Pittsburgh Penguins

Friday 7/3, 3:05 PM CT

According to The Sports Network, the Pittsburgh Penguins have signed winger Ruslan Fedotenko to a one-year deal. Financial terms of the deal were not disclosed.

Our View: Fedotenko tallied 39 points in 65 games last season, and he was pretty solid in the postseason as well. He is worth a look in deeper fantasy leagues, especially with all of the talent around him in Pittsburgh.

Shane Hnidy, D, Minnesota Wild

Friday 7/3, 1:43 PM CT

According to the Minneapolis Star-Tribune, the Wild have signed defenseman Shane Hnidy to a one-year contract. The deal is expected to be worth $750,000.

Our View: Hnidy isn't much of an offensive threat, but he is a solid, tough defenseman who should see some decent ice time. He has very little fantasy value due to his lack of scoring, so no need to give him much of a look.

Corey Locke, C, New York Rangers

Friday 7/3, 12:17 PM CT

TSN is reporting that the New York Rangers have signed free agent forward Corey Locke. Terms of the deal were not disclosed. Locke has played in one NHL game in his career.

Our View: Locke is a former Canadien Hockey League player of the year, and he could be a decent player if he gets a chance. He has no fantasy value, as he will likely start the season in the minors.

Mikael Samuelsson, RW, Vancouver Canucks

Friday 7/3, 12:08 PM CT

Slam! Sports is reporting that the Vancouver Canucks have signed winger Mikael Samuelsson to a three-year deal. Financial terms of the deal were not discosed. Samuelsson finished with 40 points last season in Detroit.

Our View: The Red Wings were hoping to bring Samuelsson back, but he opted to go with the Canucks. Samuelsson was a nice player in Detroit, and he should be surrounded by some solid talent in Vancouver as well. 40-50 points is not out of the question for next season.

Tyler Arnason, C, New York Rangers

Friday 7/3, 12:02 PM CT

The Miami Herald is reporting that the New York Rangers have signed center Tyler Arnason to a two-way contract. Terms of the deal were not disclosed.

Our View: Arnason tallied 22 points in 71 games with Colorado last season, and he finished with a -16 ranking on the year. His numbers should improve playing on a better team, but he is still not an offensive force.