According to TSN, the Pittsburgh Penguins will acquire forward Alexei Ponikarovsky from the Toronto Maple Leafs for prospect Luca Caputi. The deal will be complete once the Penguins free up the necessary cap space to fit Ponikarovsky in their lineup.
The deal is not official and a draft pick or something similar could be heading to Toronto as well. Once Pittsburgh clears the necessary cap space, we will learn more.
According to Damien Cox of the Toronto Star, the Leafs are likely to take on the contract of Martin Skoula along with Caputi. That would put the Pens under the cap and allow the deal to go through.
We'll have more as it happens.