Senators Acquire Ryan Callahan From Tampa Bay in Swap for Goaltender Mike Condon

Early Tuesday morning, the Tampa Bay Lightning said goodbye to veteran winger Ryan Callahan. They traded the 34-year-old, who's spent his past six seasons in Tampa, to the Ottawa Senators, in order to add some depth in the net.

In exchange for Callahan, the Bolts acquired Mike Condon. The Massachusetts native is heading into his sixth NHL season, spending the past three between the Sens and their minor-league affiliate.

Along with Callahan and Condon, both teams will deal a 2020 draft pick as well. Ottawa acquires a fifth-round pick, while Tampa adds a sixth-round pick to their draft capital.

Condon will be the fifth goaltender Tampa has acquired this offseason. Considering they inked Curtis McElhinney to a two-year deal, the Lightning could be adding Condon as some insurance if he or Andrei Vasilevskiy goes down with an injury. Condon hasn't really played a legitimate season in nearly two years after appearing in just two games last year, which will likely land him alongside Louis Domingue in the AHL.

Callahan, on the other hand, has been trending downward over the past several seasons. He amassed more than 30 points just once in his six years with Tampa, and has battled injury after injury.

This deal is completely a cap space-based one. Callahan will likely be placed on the Senators' LTIR due to a career-ending back injury, which means Ottawa will owe him less than $1 million thanks to insurance picking up the difference.

With Condon likely to be buried in the minors, that also means the Lightning end up with more cap space after this deal. That makes it much easier to sign their biggest RFA: Brayden Point.

The deal is a solid and smart one for both sides, but there are likely more to come for Tampa and Ottawa.