Dany Heatley will NOT be an Oiler afterall... at least for now. By refusing to waive his no trade clause to go to Edmonton, the Senators will be on the hook for Heatley's $4 million bonus to be paid before midnight.
After the 1st, the bonus payment cannot be transferred in cash considerations to a new team, which means Ottawa loses $4 million in cap space whether Heatley is traded or not.
It appears that the fork... has been stuck to Ottawa, and they may very well be done trying to trade the disgruntled forward until the trade deadline next season.
It is now free agent time... there will be a hurricane of activity by the afternoon! Stay updated here.