The wheeling and dealing is down to the final sixty minutes as the deadline clock works its way down to the 3 pm ET, Noon hour deadline.
TSN offers up details on what would be the first (and maybe only) major deal of the day has the Oilers sending Dustin Penner to the Los Angeles Kings, in return Edmonton will receive Defenceman Colten Tuebert as well as a 1st round pick in the 2011 draft and another pick in the 2012 draft.
With the Oilers pulling the trigger on the Penner deal, talk now focuses on whether they will move Alex Hemsky before the deadline arrives, while they considering that option talk also focuses on whether Brad Richards is still in play, or if he's to remain with the Stars for the remainder of the year.
The Oilers become the focus of Dave Hodge and the Reporters as they examine the moves of Steve Tambellini, the impression that the key to the Kings deal is the cap space that the Oilers have freed up, though as the panel points out the Free agency lists are rather thin these days.
With fifteen minutes to go, the final commercial breaks are running as the trading desks get ready for the final flurry of deadline day.
As the second hand approaches the deadline moment, the countdown commences and the siren sounds bringing to an end the drama, er, excitement, uh ok, the hyperbole of the deadline shows.
One or two last deals appear set to trickle in as the official deadline passes, deals that were still in the works prior to the 3 pm, Noon PT deadline.
The Leafs putting together a minor deal with the New York Rangers, sending John Mitchell from Toronto off to New York.
Seventh hour transaction summary-- 2 transactions announced this hour
9 trades thus far, see the Deadline day recap for details.