Alex Tanguay, Robyn Regehr

Calgary finally deals Robyn Regehr to Buffalo and signs Alex Tanguay to five year extension

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With day two of the NHL Draft under way, the Calgary Flames got busy wheeling and dealing. The long rumored deal with Buffalo involving Robyn Regehr was finalized sending Regehr and one-time Sabres forward Ales Kotalik to the Sabres in exchange for defenseman Chris Butler and young forward Paul Byron. Buffalo also gets Calgary’s second round pick in 2012.

For Calgary the main thing they get is salary relief. Regehr has two years left on his contract with a cap hit of $4.02 million per season. Kotalik has one year left on his deal worth $3 million. In getting Chris Butler, the Flames get a young depth defenseman who proved to be serviceable in Buffalo the last two seasons. Byron should prove to be a nice addition to their AHL team in Abbotsford.

Buffalo gets their man in Regehr, giving them a physical force on the blue line they’ve lacked for a long time. Regehr teamed up with Tyler Myers gives Buffalo a “thunder and lightning” top pairing. Regehr will provide a physical snarl to the Sarbes blue line and ensure that teams won’t be able to push them around near the net. Ryan Miller will be more than thankful for his presence.

Welcoming back Ales Kotalik is a bit odd, but he had great success in his years with the Sabres. He’s useful on the power play and has 20-goal ability. If he can recapture his old form to a degree with Buffalo, they’ll be happy to have him.

Calgary wasn’t done doing business however as they also signed forward Alex Tanguay to a five-year extension worth $17.5 million. The length of the deal is stunning considering Tanguay had a bounce back season after one terrible year in Tampa Bay. His production last season alongside Jarome Iginla made him an invaluable part of that top line. The money isn’t too terrible, but if Tanguay slips back into the form he had in Tampa Bay, it’ll be an awful contract to keep around. Tanguay’s been consistent throughout his career as a point producer and as long as he’s with Iginla he should do all right.

NHL odds: Coyotes biggest long shot to make playoffs in 2016-17

GLENDALE, AZ - SEPTEMBER 26:  (L-R) Christian Dvorak #18, Luke Schenn #2, Radim Vrbata #17, Dakota Mermis #43 and Max Domi #16 of the Arizona Coyotes celebrate after Schenn scored a first period goal against the Los Angeles Kings during the preseason NHL game at Gila River Arena on September 26, 2016 in Glendale, Arizona.  (Photo by Christian Petersen/Getty Images)
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With Max Domi, Anthony Duclair, Oliver Ekman-Larsson and Dylan Strome all in place, the Arizona Coyotes have an exciting core of young talent that should have a bright future in the NHL.

From a big picture outlook, there are plenty of reasons for optimism surrounding the Coyotes.

Vegas, on the other hand, isn’t a big believer in the Coyotes chances for the 2016-17 season.

The folks at Bovada released their playoff odds for the upcoming season and the Coyotes opened as the biggest long shot to make the playoffs (-600 to miss the playoffs; +400 to make them).

Here are the odds for every team, via Bovada.

Playoff Odds (From Most Likely to make the playoffs to least likely to make the playoffs)

Washington Capitals – To make the Playoffs?
Yes -1000 (1/10)
No +600 (6/1)

Tampa Bay Lightning – To make the Playoffs?
Yes -850 (17/2)
No +525 (21/4)

Chicago Blackhawks – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

Pittsburgh Penguins – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

St Louis Blues – To make the Playoffs?
Yes -800 (1/8)
No +500 (5/1)

San Jose Sharks – To make the Playoffs?
Yes -700 (1/7)
No +475 (10/4)

Los Angeles Kings – To make the Playoffs?
Yes -300 (1/3)
No +240 (12/5)

Dallas Stars – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

Florida Panthers – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

Nashville Predators – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

New York Rangers – To make the Playoffs?
Yes -280 (4/15)
No +220 (11/5)

New York Islanders – To make the Playoffs?
Yes -250 (2/5)
No +200 (2/1)

Anaheim Ducks – To make the Playoffs?
Yes -180 (5/9)
No +150 (3/2)

Boston Bruins – To make the Playoffs?
Yes -165 (20/33)
No +135 (27/20)

Montreal Canadiens – To make the Playoffs?
Yes -165 (20/33)
No +135 (27/20)

Philadelphia Flyers – To make the Playoffs?
Yes -150 (2/3)
No +120 (6/5)

Minnesota Wild – To make the Playoffs?
Yes -140 (7/5)
No +110 (11/10)

Winnipeg Jets – To make the Playoffs?
Yes -115 (20/23)
No -115 (20/23)

Calgary Flames – To make the Playoffs?
Yes +120 (6/5)
No -150 (2/3)

Edmonton Oilers – To make the Playoffs?
Yes +120 (6/5)
No -150 (3/2)

Detroit Red Wings – To make the Playoffs?
Yes +125 (5/4)
No -155 (20/31)

Colorado Avalanche – To make the Playoffs?
Yes +150 (3/2)
No -180 (5/9)

Vancouver Canucks – To make the Playoffs?
Yes +180 (9/5)
No -225 (4/9)

Buffalo Sabres – To make the Playoffs?
Yes +240 (12/5)
No -300 (1/3)

New Jersey Devils – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Ottawa Senators – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Toronto Maple Leafs – To make the Playoffs?
Yes +250 (5/2)
No -325 (4/13)

Columbus Blue Jackets – To make the Playoffs?
Yes +275 (11/4)
No -350 (2/7)

Carolina Hurricanes – To make the Playoffs?
Yes +300 (3/1)
No -400 (1/4)

Arizona Coyotes – To make the Playoffs?
Yes +400 (4/1)
No -600 (1/6)

If you’re feeling bold, the Coyotes aren’t the worst bet to make here. They are certainly not a lock to make the playoffs, but the biggest long shot seems like it is a little much as well.

Getting into one of the top three spots in the division is going to be tough because Anaheim, Los Angeles and San Jose had a pretty commanding lead for those spots. But the Coyotes still weren’t that far out of a playoff spot this past season, finishing in 10th place in the Western Conference, nine points out of the second wild card spot. It’s not like they were a bottom-feeder in the NHL. Plus, they made the move over the summer to bring in veteran defenseman Alex Goligoski to help on the blue line and should have Strome, the No. 3 overall pick from a year ago, ready to make his NHL debut.

Report: Ekblad cleared by Panthers doctors

NASHVILLE, TN - JANUARY 30:  Aaron Ekblad #5 of the Florida Panthers poses for a 2016 NHL All-Star portrait at Bridgestone Arena on January 30, 2016 in Nashville, Tennessee.  (Photo by Sanford Myers/Getty Images)
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Aaron Ekblad has been medically cleared by Florida Panthers doctors, according to TSN’s Darren Dreger.

That’s a big relief for everyone involved after Ekblad was injured while representing Team North America in the World Cup. The injury was originally reported as a “mild” concussion, though it was later called a neck injury.

The 20-year-old has since been back on the ice working out.

“Ekblad is going to be fine,” Panthers coach Gerard Galant said. “You see him out there skating already. I think it was a little scary, but he feels real good. He’s going to skate and see how he feels, but everything looks good.”

The first overall pick in the 2014 draft, Eklbad had already dealt with at least one concussion during his playing career. He suffered one in an international exhibition game during the summer of 2014, just prior to his outstanding rookie season with the Panthers.

Ottawa sends Brown, 11th overall draft pick, back to junior

BUFFALO, NY - JUNE 24:  Logan Brown celebrates with the Ottawa Senators after being selected 11th overall during round one of the 2016 NHL Draft on June 24, 2016 in Buffalo, New York.  (Photo by Bruce Bennett/Getty Images)
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It didn’t take long for one of the top picks at this year’s draft to be sent packing from training camp.

On Wednesday, Ottawa announced that Logan Brown — the 11th overall selection in June — has been sent back to his junior team in OHL Windsor.

Brown, the son of ex-NHL defenseman Jeff Brown, played in Monday’s exhibition win over Toronto and scored once. He didn’t play in Tuesday’s OT loss to Buffalo.

Though he wasn’t expected to make the team this season, Brown, 18, is considered to be a high-end prospect, which makes his early dismissal a bit curious.

At 6-foot-6 and 210 pounds, he has terrific size and the Sens wasted little time locking him in after the draft, signing him to a three-year, entry-level deal in August.

Related: Get to know a draft pick — Logan Brown

Seidenberg expected to sign with Islanders

BOSTON, MA - JUNE 08:  Dennis Seidenberg #44 of the Boston Bruins skates against Mason Raymond #21 of the Vancouver Canucks during Game Four of the 2011 NHL Stanley Cup Final at TD Garden on June 8, 2011 in Boston, Massachusetts.  (Photo by Harry How/Getty Images)
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Dennis Seidenberg is expected to sign with the New York Islanders after the World Cup, according to TSN’s Darren Dreger.

It’s a one-year, $1 million deal, per Dreger.

Seidenberg is currently playing a significant role for Team Europe, a surprise finalist against the heavily favored Canadians.

The 35-year-old defenseman was unexpectedly bought out by the Boston Bruins over the summer. He had two years remaining on his contract, with a cap hit of $4 million.

Seidenberg was a key part of the Bruins’ Stanley Cup champion team in 2011, but injuries limited him to just 61 games last season, and his average ice time fell below 20 minutes for the first time since he was with the Hurricanes in 2007-08.

He’ll likely take on a bottom-pairing role with the Islanders, below Nick Leddy, Travis Hamonic, Johnny Boychuk, and Calvin de Haan. He may even be the extra defenseman, pushing the likes of Thomas Hickey, Ryan Pulock, Adam Pelech, and Scott Mayfield for a spot in the lineup.

Related: Seidenberg shocked by Bruins’ decision