The San Jose Sharks have re-signed forward Brad Staubitz to a one-year contract.
According to Vancouver sources, the Canucks are close to signing goalie Roberto Luongo to a 12-year contract extension worth roughly $64 million. The rumor is that the annual salary cap hit should be in the $5 million range. Brochu's take: A source is saying that it could be announced tomorrow, but it's more than likely sometime this week.
The New York Islanders have traded forward Rob Hennigar to the Carolina Hurricanes for forward Bobby Hughes. Source
TSN is reporting that the Los Angeles Kings are not interested in Ottawa Senators forward Dany Heatley. The San Jose Sharks and Vancouver Canucks remain the most speculated teams in the hunt for the sniper.