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Lightning flip Mark Streit to Penguins for draft pick

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After being traded from the Flyers to the Lightning, Mark Streit was flipped by Tampa Bay for a draft pick and is now a member of the Penguins.

Mark Streit’s time as a member of the Tampa Bay Lightning lasted about one hour.

Shortly after he was acquired earlier in the day from the Philadelphia Flyers, the Lightning turned around and traded the veteran defenseman to the Pittsburgh Penguins in exchange for a 2018 fourth-round draft pick. The Lightning are also retaining half of Streit’s contract in the trade.

Injuries have done a number on the Penguins’ defensive depth over the past few weeks with Kris Letang, Olli Maatta and Trevor Daley all currently sidelined. They already added Ron Hainsey from the Carolina Hurricanes and then on Wednesday picked up Streit, as well as Frankie Corrado from the Toronto Maple Leafs. Maatta and Daley are expected to miss at least the remainder of the regular season, but when they return the Penguins are going to have at least eight or nine NHL quality defensemen on their roster when you add in Justin Schultz, Brian Dumoulin and Ian Cole.

For Tampa Bay, this trade gets them back a fourth-round pick after sending one to Philadelphia, along with Valtteri Filppula, to clear his contract off the books next season.

In the end, Tampa Bay gets some significant cap space next year and the Penguins get some much needed depth on defense.

Streit has four goals and 17 assists this season in 49 games this season with the Flyers.