Senators pick up Cullen

BRUCE GARRIOCH, QMI Agency

, Last Updated: 1:31 PM ET

It's been a busy morning for the Ottawa Senators, who have traded Alex Picard for Carolina's Matt Cullen and placed forward Jonathan Cheechoo on waivers.

Senators GM Bryan Murray also had the option picked up on his contract, extending him for at least one more season in Ottawa. Immediately after that announcement, he rolled up his sleeves and made two significant moves.

The Senators GM dealt for Carolina veteran centre Cullen, sending defenceman Picard and a second-round pick in the 2010 NHL entry draft.

The Hurricanes had to get the money off the books and Cullen is going to bring veteran leadership. It's believed Murray made the deal for Cullen this morning by adding Picard to what he had already offered.

Then, the team announced it is waiving the underachieving Cheechoo, who arrived in Ottawa last summer from San Jose in the Dany Heatley deal. The move means Cheechoo's days with the Senators are over.

The struggling winger did not accompany the Senators on their final two-game road trip before the Olympic roster freeze.

If Cheechoo clears waivers, the Senators can either send him to their AHL affiliate in Binghamton, allow him to make a deal with a team in Europe, or see if somebody is willing to take him at half of his $3 million contract on re-entry waivers.

The club could buy out his contract at the end of the year. If he's in the minors, then it gives GM Bryan Murray the option to try and get a defenceman before the March 3 NHL trade deadline, because Chris Campoli is now out of the lineup with a lower body injury.


Photos