The Ottawa Senators have announced the team has acquired defenceman Braydon Coburn, forward Cedric Paquette and a second-round selection in the 2022 NHL Draft from the Tampa Bay Lightning in exchange for forward Marian Gaborik and goaltender Anders Nilsson.

Coburn, 35, registered four points (one goal, three assists) and 16 penalty minutes over 40 games with the Lightning last season. He was held scoreless while skating in three of the team's post-season contests. Paquette, 27, recorded 18 points (seven goals, 11 assists) and 42 penalty minutes over 61 games with Tampa Bay in 2019-20 and added three points (three assists) and 16 penalty minutes while appearing in each of the team's 25 playoff games while helping the Lightning win the Stanley Cup.

As for the two names Tampa Bay is getting in return, both are currently on long-term injured reserve. Gaborik will never be returning to the NHL and Nilsson is hurt. Ottawa noted in their announcement that Nilsson will not play in the upcoming season.

Tampa Bay Lightning announced the signing of restricted free agent Anthony Cirelli to a three-year contract worth $4.8 million AAV a few days ago. Previousy, the team had been busy signing Erik Cernak to an $8.85 million, three-year deal, defenceman Jan Rutta for $2.6 million over two years, forward Mathieu Joseph for $1.475 million over two years and Alex Volkov for $700,000 this season. It's not all good news however, as the team announced star forward Nikita Kucherov is out for the 2020-21 regular season due to a hip injury that requires surgery.