Breaking News: Tampa Bay Lightning acquire Simon Gagné

The Ilya Kovalchuk floodgates have officially been opened.

Reports are surfacing around the net and twitter that Philadelphia Flyers forward Simon Gagné has been traded to the Tampa Bay Lightning. No word on a return yet, but we will update this point as the news is made available.

UPDATE 2:30PM TSN has confirmed that Gagné has been traded in exchange for Matt Walker and a 4th round pick in 2011.

So there you have it.

Mark Trible will have more on the deal soon.