The Lightning were active during the trade deadline, similar to the previous season. More notable trades included Vaclav Prospal's trade to the Philadelphia Flyers in exchange for prospect Alexandre Picard and a conditional draft pick. Additionally, former Conn Smythe Trophy winner Brad Richards and goaltender Johan Holmqvist were traded to the Dallas Stars in exchange for goaltender Mike Smith and forwards Jussi Jokinen and Jeff Halpern, as well as a fourth-round draft pick in 2009. Jan Hlavac, a regular contributor, was also traded, moving to the Nashville Predators in exchange for a seventh-round pick in 2008. Defenseman Dan Boyle was re-signed to a six-year contract extension reportedly worth $40 million.