Edmonton Oilers traded Ryan Smyth and Dick Tärnström to Phoenix Coyotes for Nick Boynton and Ladislav Nagy
Montreal Canadiens traded David Aebischer, Andrei Markov, Alex Kovalev, Richard Zednik and MTL's round 2 pick in 2006 to Ottawa Senators for Martin Havlat, Wade Redden, Ray Emery and Dany Heatley
Buffalo Sabres traded Martin Biron, Chris Drury and Jason Pominville to New York Rangers for Jaromir Jagr and Henrik Lundqvist
Vancouver Canucks traded Sami Salo to Edmonton Oilers for Marc-André Bergeron
San Jose Sharks traded Joe Thornton and Steve Bernier to Vancouver Canucks for Craig Darby, Brendan Morrison, Jason King and VAN's round 3 pick in 2006
Tampa Bay Lightnings traded Dmitry Afanasenkov to Edmonton Oilers for Raffi Torres