7:59 PM- Scott Gomez and Chris Drury are New York Rangers.

The blog from Denver that had Smyth signing with the Avs has been DELETED. Thanks to our friends at Islanders Central for their update. We're All Islanders, writing for the same cause and loving the same team. They know they have our support and our help if ever needed.

6:55 PM- The Oilers and Flyers have completed a trade: Joni Pitkanen and Geoff Sanderson are heading to the Oil, in exchange for Jason Smith and Joffrey Lopul. Some speculate that the Oilers have freed up cap space to make a serious run at Gomez. Check back for further developments.

6:52 PM- ESPN's Sportscenter continues to say the Rags have signed Gomez. When they say it, they laugh and giggle. Hopefully this is a speculation. I'm sure that if he had been signed we would know by now.

6:45 PM- According to thefourthperiod.com, the Rangers have offered a deal to Gomez. However, another team that is interested in Gomez has thrown a deal his way. My guess is that it's either the Isles or the Oil. Jason Blake and Paul Kariya have both been offered deals by the Toronto Maple Leafs.

6:34 PM- Eric Perrin signs with the Atlanta Thrashers. 2 year deal worth $1.5 million.

6:20 PM- Ryan Smyth is "close to signing" with the Avs, rumors say. It will be a 5 year deal worth over $6 million per season. Others say he is not exclusively negotiating with them, but it sounds like he is going there.

6:03 PM- Michel Ouellet signs a two year deal with the Tampa Bay Lightning. $1.2 million for the first year and $1.3 million for the seacond. (And i wanted him for the Isles struggling Power Play, damn). thefourthperiod.com reports that the Rangers are the front-runners in the Gomez sweepstakes.

5:59 PM- Jeff Hamilton signs with the Carolina Hurricanes. Two years at $800,000 per year.

5:48 PM- The Isles may be entering into the Gomez sweepstakes. Reports that he was to sign with the NYR have been proved to be false, and he said he would be "ok coming here". More to come as the story unfolds.