Per Chris Botta of NYI Point Blank, Bill Guerin has been traded to the Pittsburgh Penguins for a conditional draft pick in the 2009 Amatuer Draft.
The conditions are that it is a 5th round pick, unless Pittsburgh makes it to the playoffs, in which case it becomes a 4th round pick. If Pittsburgh should happen to win their series in the first round and Guerin plays in at least 50% of those games, it becomes a 3rd round pick.
This was the only Islanders trade activity on deadline day.
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