UPDATE: Chris Phillips will not be traded. He's been extended -- two years, $2.5MM annual.

UPDATE: And it's official. Per Hockey Central, Cory Conacher has been claimed by Buffalo.

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Amidst all of the wild trade rumors in Ottawa these days, one of the big stories to percolate yesterday was the waiving of forward Cory Conacher, acquired one year ago in the trade for Ben Bishop.

Conacher's sort of fallen out of favor with the coaching staff and/or management this year, though you wouldn't have known it yesterday -- even after being placed on waivers, he was skating various shifts on the team's top-line, and was on the ice in the final minute as the team desperately searched for an equalizer.

There's a lot of buzz in Buffalo that the team's made a waiver claim, and we should have confirmation on who that is shortly. Mike Harrington of the Buffalo News thinks it's Cory Conacher:

Waiver claims announced at noon. Murray told team site this morning 1 or 2 possible for #Sabres. Gotta be Conacher. http://t.co/XC88Kwv9kF

— Mike Harrington (@BNHarrington) March 5, 2014

So, from top-line winger, to maybe traded for absolutely nothing to a division rival. This, of course, predominantly due to the fact that Conacher couldn't sustain his ridiculous 17% Sh% with Tampa Bay, and pulled a miserable goal output in 2013-2014. I think there's a belief that Mike Hoffman's passed him on the depth chart, but who knows.

I'll be back with more updates later. Today might be more crazy than anyone anticipated -- at last check in, Bruce Garrioch and Denis Potvin suggested that the Anaheim Ducks were calling on center Jason Spezza.

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Thanks for reading!

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