1:16 p.m.: Here's an interesting one. The Columbus Blue Jackets have reportedly traded center Sergei Fedorov to the Washington Capitals. In return, the Blue Jackets will get 2007 second-round pick Teddy Ruth.
Analysis: Washington isn't fooling around. They've been one of the best teams in the league since December, and they're only five points out of the lead in the Southeast Conference. Fedorov is nowhere near the player he was in Detroit, but he can still help the Caps fill the void left when center Michael Nylander went down for the season.
Fedorov is in the last year of a five-year, $40 million deal, which means he's basically an expensive rental.
The Blue Jackets, meanwhile, have begun dismantling. There was some thought earlier today that they could be in the running for Brad Richards, but after failing to get him, it seems the decision was made to sell off their impending UFAs. Getting a former second-round pick and dumping his salary was a pretty good move for them.