It seems that San Jose Sharks goaltender Evgeni Nabokov has become a victim of the salary cap era - it's a much nicer way of saying teams have no interest in paying over $5M per season to a small, 34-year-old goalie who didn't have enough talent or clutch characteristics to take some of the best San Jose Sharks rosters the NHL has ever seen to the Stanley Cup.

TSN confirms the goaltender signed a six-year deal worth $2

The New Jersey Devils have signed defenceman Anton Volchenkov to a six-year contract worth 4.25M per season with a NTC. In 64 games with the Ottawa Senators last season, Volchenkov proved to continue to be an effective shut down defenceman who was never afraid to block shots. He also posted 4 goals and 14 points on the year. He certainly fits the mold of the New Jersey Devils system.

The Vancouver Canucks have signed defenceman Dan Hamhuis. The 27-year-old Smithers, BC native scored 5 goals and 24 points last season with the Nashville Predators. With Paul Martin and Sergei Gonchar signing early in the day, Hamhuis became the focal point around the league and the Canucks have won that bidding war. The Canucks have added Hamhuis and Ballard since draft day.

The Toronto Maple Leafs made a splash today, signing forward Colby Armstrong to a three-year contract worth 9M. Armstrong played 79 games last year scoring 15 goals and 29 points with 61 penalty minutes. The Leafs add more grit and physical presence to their lineup with this signing.