According to sources close to Islanders management, Ryan Smyth is 80% probable to return to the New York club. Owner Charles Wang and his management group have offered a 6 year, 37.5 million contract, with a club option for a 7th year. It's likely that Wang will outbid any team wanting to sign Smyth as he unloaded the Alexei Yashin contract off his cap.
Toronto is interested in acquiring Nikolai Zherdev from Columbus. It is believed that they are offering Pavel Kubina. The Maple Leafs are also closing in on a 2 year deal with Mats Sundin, which should be completed this week.
Several reports in Slovakia indicate that Vladimir Orszagh may return to the NHL this season.
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