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(Ed. Note: We're live blogging every hour of the NHL trade deadline until its completion at 3 p.m. EST. Older time-stamped entries are found at the end of the post. Visit here for a primer on our Milbury Scale for rating trades.)

8:30 a.m. EST: With Vincent Lecavalier(notes) rumors sadly lacking at this trade deadline, hearing potentially baseless Tomas Kaberle(notes) scuttlebutt is like a warm blanket.

Bruce Garrioch of the Ottawa Sun reports that Toronto Maple Leafs defenseman Kaberle is "in play." Darren Dreger of TSN tweets back: "Leafs say Kaberle has not supplied a list of teams ... and Kaberle has not indicated a willingness to waive no-trade."

Remember last summer, when the Leafs were *thisclose* to trading Kaberle to the Boston Bruins? Maybe they can revisit to the Kessel trade. And by that we mean trading Kaberle and Kessel for their draft pick back ...

• • •

Welcome to NHL Trade Deadlineageddon 2010, in which championship teams are made, hearts are broken and cap space is freely traded like a giant middle finger pointed at the collective bargaining agreement.

Puck Daddy will feature a live blog for every hour of the deadline. Hit refresh and check the top of the post for the latest trades, news, analysis, observations or general pithiness. The goal here is to have you guys break news and fill in the blanks down in the comments on each deadline post: Share every rumor you hear, every proposal you make, every wish list for your team as the day progresses. Every hour will be its own conversation, and then we start it again fresh the next hour.

We'll spotlight some of the trades, and any non-Deadlineageddon news, with their own posts. Keep in mind that we're also running our Puck Daddy Chatter Box featuring 20 of the top hockey insiders on Twitter and occasional live chats throughout the day. Following Wyshynski and Leahy on Twitter for chat times.

Also, keep in mind this is the day on which we unleash The Milbury Scale: Rating a trade's fairness and effectiveness with floating noggins featuring perhaps the most inept general manager in the history of the NHL.

Here's how it works:

One Milbury: A fair trade that helps both teams, both in the short term and in the long run. No winner, no loser: Just a solid deal founded on smart financial and hockey needs. Think Brad Boyes(notes) for Dennis Wideman(notes).

Two Milburys: A trade that could, down the road, burn one team in a big way. We're talking a trade of blue-chip prospects for a rental, if the team that's renting clearly isn't going to win it all this season.

Three Milburys means a clear winner in a deal at the time of the trade. Someone got a little too desperate, or someone just got hosed.

Four Milburys! Bertuzzi, McCabe and eventually Jarkko Ruutu(notes) for Trevor Linden(notes)! Roberto Luongo(notes) and Olli Jokinen(notes) for Mark Parrish(notes) and Oleg Kvasha! YASHIN! DISASTER!

So there's that. Coming up: The trades and rumors, as they roll in. What are your predictions for deadline day?

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