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2011 NHL Trade Deadline: Kings Extend Justin Williams, Trade For Dustin Penner

The Los Angeles Kings have been active on NHL trade deadline day, signing right winger Justin Williams to a four-year contract extension, and acquiring left winger Dustin Penner from the Edmonton Oilers. Rich Hammond of LA Kings Insider reports that the Kings gave up two draft picks plus defenseman Colten Teubert to acquire Penner, who has 21 goals and 18 assists in 62 games this season.

The Kings confirmed the Penner deal, noting that the draft picks were a first-rounder in 2011 and a conditional third-rounder in 2012. The 28-year old Penner began his career in southern California, as a member of the Ducks in the 2005-2006 and 2006-2007 seasons.

Quisp from Jewels From The Crown analyzed the Williams deal, worth a total of $14.6 million over four seasons:

$3.65MM, therefore, seems about as low as you can go. I'm thinking Lombardi was able to get the number down by offering a longer term, which is something other teams might have been unwilling to do because of Williams's injury history. But that (the term) doesn't bother me, because the contract is tradeable. I believe this to be a tenet of Lombardi's, aside from just being (often-ignored) good common sense. Don't make deals that you can't get rid of if they don't work out.

The 29-year old Williams has 20 goals and 29 assists in 62 games for the Kings this season.

For more Kings news and information, be sure to read Jewels From The Crown.