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Oilers trade Penner to Kings for Teubert, draft picks
The Edmonton Oilers have traded forward Dustin Penner to the Los Angeles Kings in exchange for defenceman Colten Teubert, a first-round pick in 2011 and a conditional second-round pick.
Penner, 28, is having a good year with the Oilers, netting 21 goals and 18 assists through 62 games, and will add some scoring punch to his new squad.
The native of Winkler, Manitoba came to the Oilers in 2007-08 after accepting an offer sheet to leave the Anaheim Ducks as a restricted free agent. The deal became final when Edmonton declined to match the offer.
Penner has one year left on the five-year, $21.25 million contract that he signed with the Oilers. He will earn $4.25 million in 2011-12 before becoming an unrestricted free agent.
Teubert, 20, is a first round (13th overall) draft selection of the Kings in 2008. He's yet to see NHL action, playing for the Manchester Monarchs of the American Hockey League where he has two goals and eight assists through 39 games.