Sunday turned out be a crazy day. Brian Burke of the Toronto Maple Leafs stole the show early, acquiring Jean-Sebastien Giguere from Anaheim and Dion Phaneuf from Calgary for an assortment of players, but after moving Phaneuf the Flames weren’t finished either.

Darren Dreger broke the news that the Flames were in discussions with the New York Rangers regarding a trade that would send forwards Olli Jokinen and Brandon Prust to the Big Apple in exchange for disappointing forward Chris Higgins and free agent acquisition Ales Kotalik.

However, according to both Dreger and Pierre LeBrun, the deal is now on ice and may not go through. There were conflicting reports as to why; Dreger suggested the Flames were holding the deal up, while according to Rangers Report the hold-up has to do with Kotalik’s limited no-trade clause.

As for the trade itself, Jokinen’s been a disappointment in Calgary but is probably the best player in the deal. Kotalik’s essentially a power play specialist, while Higgins would seem to be involved to make the cap dollars work.