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from TSN

Consider my day officially made.

EDIT:

per Dater, 1 year, $6 million, No-Trade Clause. If correct, it makes Ryan Smyth the highest paid player on the team...

it also puts the Avs at a cap hit of around $51.85 million. That gives the Avalanche $4.85 million to divide between Mats Sundin and Peter Forsberg.(e4)