Fehr and defenseman Steve Oleksy -- along with a 2017 fourth-round pick -- were traded from Pittsburgh to Toronto on Wednesday in exchange for another blueliner in Frank Corrado, ESPN's Pierre LeBrun reports.

EDGE Analysis

Fehr was waived by the Penguins on Tuesday, which was a not-so-subtle hint that he'd ultimately be packaged in a trade. The 31-year-old winger has one year remaining on a contract that includes an average annual value of $2 million; he'll be an unrestricted free agent once that deal expires. This transaction should positively impact the Leafs since Fehr is a veteran who figures to provide sound guidance to the team's burgeoning forwards.