10:10 PM:
- John Shannon via twitter: Shannon is hearing the Leafs could be retaining $1.5 million in cap space for Lombardi. Coyotes getting a $2 million cap hit for Lombardi.
- James Mirtle via twitter: The Maple Leafs have already paid a $1 million signing bonus to Lombardi.
9:19 PM:
The Toronto Maple Leafs have traded Matthew Lombardi to the Phoenix Coyotes for a conditional 2014 4th round draft pick. If Lombardi re-signs with the Coyotes, the pick becomes a 3rd rounder. Lombardi can play both center and wing.
- Darren Dreger via twitter: The Maple Leafs will pay Lombardi’s $500,000 signing bonus, and will retain some salary in the deal.
Lombardi was in the last year of a 3 year, $10.5 million deal. He carried a salary and cap hit of $3.5 million.
Lombardi was drafted by Oilers in the 7th round, 215th overall in 2000. He went back into the draft in 2002, and was picked in the 3rd round, 90th overall.
- Sarah McLellan via twitter: Matthew Lombardi: “I’m super excited. I never wanted to leave in the first place. I feel as good as I’ve felt in a long time. Physically, I’m in great shape.”