Derek Smith D CGY 12 Hrs

Derek Smith has reportedly signed a one-year deal with the ZSC Lions.

The Lions play in Switzerland's top league. Smith had an assist in 14 games with Calgary last season. He also had seven goals and 24 points in 32 AHL contests.

Brandon Burlon D NJ 14 Hrs

Brandon Burlon has agreed to a two-year, two-way deal with New Jersey.

Burlon's contract comes with a $562,500 annual cap hit if he plays in the NHL. He had five goals and 11 points in 54 AHL games last season.

Jonas Gustavsson G DET 14 Hrs

The big question surrounding Jonas Gustavsson going into the 2014-15 campaign is whether or not he can stay healthy.

Gustavsson has been plagued by groin injuries for the last couple of years, but he did feel good in the second half of the 2013-14 season. He'll start next season as Detroit's backup goaltender and should be fairly good in that role as long as he stays healthy.

Mark Cundari D CGY 14 Hrs

Mark Cundari will enter training camp with a shot of making the Flames' opening game roster.

Cundari had 23 points and 73 penalty minutes in 56 AHL games in 2013-14. The Flames only have six defensemen signed to one-way contracts, so there will be a spot available to compete for and we certainly wouldn't rule Cundari out in that battle.

Bobby Ryan RW OTT 1 Day

The Ottawa Senators will try to lock up talented forward Bobby Ryan to a long-term contract in the near future.

Pierre Dorion, the Sens' assistant general manager, plans to speak to Ryan's agent this week. Ryan has one year left on his contract but the Sens would like to sign him to an extension so that he won't bolt, or threaten to, after the season. Dorion also is planning the same strategy with Clarke MacArthur, who also would be eligible for free agency after next season. Ryan had 23 goals and 48 points in 70 games for Ottawa in the past season. MacArthur had 21 goals and 55 points in 71 games.

Derick Brassard C NYR 1 Day

Derick Brassard and the New York Rangers have agreed to terms on a new contract, thus avoiding a salary-arbitration hearing.

There are reports that the contract is worth $25 million for five years. Brassard, 27 in September, had been a restricted free agent. His arbitration session with the Rangers was scheduled for Monday. Brassard had a career-high 18 goals in 81 games last season for the Rangers. He also scored 45 points, which ranked fourth on the team. He also tied for fourth on the team with 12 points in the post-season. In 403 games with the Rangers and Columbus Blue Jackets, Brassard has 81 goals and 225 points. He is likely to serve as the Rangers' second-line center next season, behind Derek Stepan.

Luke Adam LW BUF 1 Day

The Buffalo Sabres have signed center Luke Adam to a one-year, two-way contract.

Adam, 24, played in 12 games with the Sabres in 2013-14. He scored one goal. He scored a team-leading 29 goals and added 20 assists in 59 games with the American Hockey League's Rochester Americans. A second-round choice (44th overall) by Buffalo inthe 2008 NHL Entry Draft, Adam has appeared in 87 career games as a Sabres and has notched 15 goals and 11 assists.

Dana Tyrell C CLS 1 Day

The Columbus Blue Jackets have signed forward Dana Tyrell to a one-year, two-way contract.

Tyrell's contract is worth $650,000 at the NHL level and he's been guaranteed a minimum of $150,000 for the 2014-15 season. Tyrell was chosen in the second round of the 2007 NHL Entry Draft by the Tampa Bay Lightning and broke into the NHL in 2010-11 with six goals and 15 points in 78 contests but he hasn't played in more than 26 NHL games in a single season since he was a rookie. He has 24 points in 132 career games.

Jake Gardiner D TOR 2 Days

Defenseman Jake Gardiner, 24, is coming off his entry-level contract with Toronto and likely headed towards a bridge deal with the Maple Leafs.

etting the blue liner re-signed. "Talks are on-going," Nonis said. "Things are going fine. I don't see any hiccups there." According to CapGeek.com, the Leafs have $4.3 million in cap space now that they've got Reimer's deal done. With that kind of cushion, the Leafs have plenty of room to work out a short-term deal with the young defenseman. Leafs general manager Dave Nonis isn't worrying about getting Gardiner re-signed. "Talks are ongoing," he said. "Things are going fine. I don't see any hiccups there." Last season, Gardiner had 10 goals and 31 points in 80 games and averaged 21:05 of ice time per game.

Matt Watkins LW WAS 2 Days

Forward Matt Watkins, an unrestricted free agent for the Washington Capitals, is headed to Austria after signing a one-year deal with the Vienna Capitals.

Watkins leaves behind three straight seasons of one-year, two-way deals in the AHL, most recently with the Hershey Bears. Signed last offseason, the 27-year-old right winger had 27 points over 73 games. He has also played for the Bridgeport Sound Tigers (30 points in 68 games), Portland Pirates (36 points in 70 games) and San Antonio Rampage (57 points in 115 games) in the AHL, but has appeared just once in the NHL, for eight shifts on Feb. 21, 2012, for the Coyotes. The Vienna Capitals compete in the Erste Bank Eishockey Liga, Austria's top hockey league. The team has won one league title, in 2005. Watkins, a native of Regina, Canada, was classified as a "Group 3″ unrestricted free agent, meaning he had either reached the age of 27 (he did, last November) or had accumulated seven years of NHL experience, per the latest collective bargaining agreement.