Nashville placed Arcobello on waivers Tuesday, Pierre LeBrun of ESPN.com reports. It isn't immediately obvious who will replace Arcobello on Nashville's roster, but that should become clear soon. Arcobello scored one goal during his brief four game stint with the Predators, and will head to AHL Milwaukee if he's not claimed by another team.

Arcobello made the most of his debut with the Predators on Saturday, tallying a goal on his lone shot attempt in the 7-6 win. Arcobello's second-period tally gave the Predators a four-goal advantage, but that wouldn't be nearly enough in this back-and-forth affair. Even so, it amounted to a respectable debut for the 26-year-old, who skated primarily on the Preds' third line next to Eric Nystrom and Calle Jarnkrok.

Arcobello was traded to the Predators on Monday in exchange for Derek Roy. Arcobello tallied 12 points in 36 games with the Oilers this season. He played regularly for Edmonton, but it remains to be seen what his role will be as part of a deeper Nashville squad.

Arcobello notched a pair of goals in Sunday's 6-5 loss to the Stars. Arcobello snapped a streak of nine straight games without a point with his second multi-point game of the season. He's got seven goals and 11 points, and while the 26-year-old will likely surpass his career-high of 18 points, he doesn't have much value for fantasy purposes.

Arcobello will center the Oilers' top line Tuesday against the Kings, Jim Matheson of the Edmonton Journal reports. With Ryan Nugent-Hopkins (undisclosed) unavailable Tuesday, the Oilers will have Arcobello join Taylor Hall on the top line, and perhaps the team's top power-play unit as well. While the appointment should theoretically result in a short-term value bump for Arcobello, it's hard to imagine the 5-foot-10, 185-pound pivot doing much to slow Los Angeles' top center, Anze Kopitar (6-foot-3, 224 pounds), in Tuesday's showdown. He could be in store for a big hit to his plus/minus rating.

Arcobello bagged a goal and assist in Saturday's loss to the Canucks. Arcobello finished off a Teddy Purcell feed on a 3-on-2 break to beat goalie Ryan Miller for his first goal of the season. Though Arcobello is centering the third line, the Oilers' version possesses more talent than most teams, with mates Purcell and David Perron both listing 50-point seasons on their resume. Arcobello showed some scoring aptitude of his own during his 41-stint with Edmonton last season, and could make for ideal roster fodder in deeper leagues.

Mark Arcobello has agreed to a one-year contract extension with the Edmonton Oilers. The big news is that it's a one-way deal, which is a first for Arcobello. He has four goals and 18 points in 41 games this season.

The Edmonton Oilers have sent center Mark Arcobello to Oklahoma City of the AHL. Arcobello got off to a great start with 10 assists in his first 10 games but cooled off after becoming popular on the waiver wire and had only four goals and eight points in his final 31 games. He was sent down as Ales Hemsky and Andrew Ference returned to the lineup while Mark Fraser made his Oilers debut.

Mark Arcobello scored a goal in Edmonton's 5-2 loss to St. Louis on Wednesday. Arcobello has 17 points in 34 games, but he got 10 of those points in his first 10 contests this season. He's playing time has been on a steady downward path to the point where he's averaging just 12:52 minutes per game this month. We can't recommend owning him in standard leagues at this time.

Mark Arcobello returned to action on Friday January 3.