According to TSN, the Calgary Flames have traded assistant captain Robyn Regehr to the Buffalo Sabres.
The veteran defenceman was officially traded this morning with veteran forward Ales Kotalik to the Sabres for defenceman Chris Butler, young center Paul Byron, and a second round pick in the 2012 National Hockey League Entry Draft.
Regehr, who won a Gold medal for Canada at the 2004 World Cup, is a strong defensive-minded defenceman, who was a +27 for the Flames back in 2007. In 79 games in 2010-11, Regehr had two goals, 15 assists and was a +2.
The native of Recife, Brazil, played eleven years for the Flames, who acquired him in the Theoren Fleury blockbuster trade with the Colorado Avalanche in 1999.
Kotalik will make his return to Buffalo, after playing there from 2001-09. He never really fit in Calgary, only scoring seven goals and four assists in 52 games over the last two seasons.
Byron has only played eight NHL games, notching a goal and an assist for the Sabres last season. Butler is a downgrade defensively from Regehr for the Flames. He had nine points in 49 games in 2010-11.
The Flames also re-signed Alex Tanguay to a five year deal worth $17 million. According to TSN, the signing eliminates the possibility of Calgary getting into the sweepstakes for Banff native Ryan Smyth.
Last year, Tanguay had 22 goals and 47 assists for the Flames, an increase of 32 points from the previous season where he played in Tampa Bay.