THE TELETYPE:
Per TSN, Anaheim has traded defenseman Ryan Whitney to the Edmonton Oilers in exchange for Lubomir Visnovsky. The Edmonton defenseman is signed into 2012-13 with a cap hit of 5.6M, however his salary descends from 7M this year to 6M, 5M and then 3M. Whitney was signed for the same period at a cap hit of 4M, but with an ascending salary from this year's 3.5M to 4.5M, 5M and then 5.5M.
UPDATE: Anaheim has also moved Petteri Nokelainen for a 6th Round pick from Phoenix.