Mark Recchi!

I don't know any of the details yet, but the TSN trade blog is stating that the Canes have picked up Mark Recchi, who has waived his no-trade clause. Details later.
EDIT -- 2:06pm It still isn't official yet, but early indicators are that the Canes will send Nik Nordgren, Krystofer Kolanos and a second round pick in 2007.

This might not be a "rental" situation. Recchi doesn't want to transplant his family, but his contract for 2006-07 is structured such that the team holding his rights can retain him for $2.228M. I think he will be a "rental", but time will tell.

Recchi hasn't yet "officially" waived his no-trade, but it's expected to go through without a hitch.

Kolanos came over in the Krispy trade, and was intended for Lowell-filler. I don't think we'll miss him. I haven't been a big Nordgren fan, so I'm not missing anything there, either. I think this is a great move. Recchi is red-hot right now, and has mad playoff numbers in his career. This'll be fun.

We last saw Recchi, ironically, in the game that made this trade necessary. He scored three goals in the same game that Cole got hurt. It was Recchi's sixth career hat trick, and the first hat trick by any Penguin in over three years.