According to TFP Editor-in-Chief David Pagnotta, the Arizona Coyotes are finalizing a trade involving center Martin Hanzal.
It is not yet know which team is close to acquiring him. Hanzal will not play in tonight's game against Buffalo, according to Pagnotta.
Several teams have expressed interest in Hanzal over the last month, including the Montreal Canadiens, Los Angeles Kings, Nashville Predators, Ottawa Senators and Minnesota Wild.
Hanzal, 30, is making $3.5 million this season, though his salary cap hit is $3.1 million. He also has a limited no-trade clause where he can list seven teams he will not accept a move to.
In 51 games with the Coyotes this season, Hanzal registered 16 goals and 10 assists for 26 points.
The native of Pisek, Czech Republic, has played in 608 career NHL regular-season games with the Coyotes and has accumulated 117 goals and 196 assists for 313 points and 537 penalty minutes.
He was originally drafted 17th overall by the Coyotes in the 2005 NHL Entry Draft.