The latest on Heatley

The first thing you should know is that the Dany Heatley trade to Edmonton is not officially dead. At least not yet.

It’s true that Dany Heatley did not waive his no-movement clause when requested by the Edmonton Oilers on Tuesday night, but that isn’t to say it’s not still possible for him to waive it on Wednesday. He has, technically speaking, not issued an outright refusal to move.

The confusion on all of this surrounded a perceived deadline of midnight Tuesday night for the Senators to move Heatley.

The Senators owe Heatley a $4 million signing bonus, to be paid on July 1 (today). The widely-held belief was that if the Senators didn’t trade Heatley by July 1, or at midnight Tuesday night, they would be stuck paying it and the expenditure would drastically alter the dynamic of any Heatley trade and what the Senators expect to get in return.

Full story here