- Canadiens acquire goalie Drew McIntyre from the Thrashers for defenseman Brett Festerling.
- Capitals acquire Jason Arnott from the NJ Devils for David Steckel and a 2nd round pick.
- Canucks acquire Maxim Lapierre and MacGregor Sharp from the Anaheim Ducks for Joel Perrault and a 2011 3rd round pick.
- Canucks acquire Chris Higgins from the Panthers for a 2011 3rd round pick and defenseman Evan Oberg.
- Philadelphia Flyers acquire Tom Sestito from the the Blue Jackets for Greg Moore and Michael Chapot.
- Flames acquire Freddy Modin from the Thrashers for a 7th round pick.
- NY Rangers acquire John Mitchell from the Maple Leafs for a 2012 7th round pick.
- Ducks acquire Brad Winchester from the Blues for a 2012 3rd round pick.
- Hurricanes acquire Bryan Allen from the Panthers for Sergei Samsonov.
- Oilers acquire Kevin Montgomery from the Avalanche for Shawn Belle.