Mike Smith gets to start in Phoenix; Panthers closer to cap floor

Some quick hits as we enter Hour 3 of Free Agent Frenzy:

• Mike Smith's days in Tampa Bay are over as the Lightning have brought in Mathieu Garon on a two-year, $2.6 million deal. Garon will backup Dwayne Roloson coming off a season where the 33-year old netminder played in 36 games with Columbus. Tampa had hoped to bring back Smith, but with his $2.4 million salary last season, that would be unlikely unless he was willing to take less.

• ...which he wasn't as proven by Smith making a move of his own signing with the Phoenix Coyotes for two years, $4 million total. Now that Ilya Bryzgalov has moved on to the Philadelphia Flyers, Smith once again gets the opportunity to be a starter in the NHL.

• As Vernon Fiddler (Dallas, three years, $5.4 million) leaves Phoenix, GM Don Maloney brings in Raffi Torres (two years, $3.5 million) and Boyd Gordon (two years, $2.65 million) to the desert to add to the Coyotes' depth. Radim Vrbata also stays in the desert re-signing for three years at $3 million per.

• The New York Post's Larry Brooks reports that no matter what sort of offers Brad Richards receives today, the New York Rangers will have an opportunity to match. Shows you how far the relationship between Richards and Rangers head coach John Tortorella goes ... that and knowing Glen Sather's open checkbook policy.

• One of the most-sought after defensemen has landed in Colorado. Jan Hejda will be a member of the Avalanche for the next four years, making $3.25 million per year. According to the Columbus Post-Dispatch, Blue Jackets GM Scott Howson was negotiating with Hejda as late as this morning, but the team wouldn't budge on giving the defenseman a fourth year.

• Andrew Brunette is currently in England attending Wimbledon, but he's aware enough of what's going on in North America today as he signed a one year, $2 million deal with the Chicago Blackhawks. Brunette isn't the only veteran that GM Stan Bowman has brought in so far as the Blackhawks also signed Sean O'Donnell to a one-year, $850,000 deal and Jamal Mayers to a one-year, $550,000 contract.

• The Florida Panthers' climb to the salary cap floor continues as they have signed Scottie Upshall to a four-year, $14 million contract. Florida has now passed the $30 million mark with the signings of Upshall and Jose Theodore. Plenty more spending for GM Dale Tallon to do to reach the $48.3 million floor.

• Wrapping up some other deals: Matt D'Agostini re-ups in St. Louis for two years, worth $2.3 million; Tim Brent leaves Toronto for Carolina with a two-year, $1.5 million deal; Cody McCormick stays in Buffalo for the next three years at $1.2 million per; Washington inks Jeff Halpern for one-year, $750,000; Defenseman Adam Pardy, he of 26 points in 147 games with Calgary over the past three seasons, gets $2 million a year for the next two seasons from the Dallas Stars; Pardy will join Radek Dvorak who leaves Winnipeg for the Stars after signing a one-year deal for $1.5 million; and Tim Brent leaves Torotno for Carolina inking a two year deal worth $1.65 million total.

Be sure to follow the Yahoo! Free Agent Tracker all day long.

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