Forward Matt Moulson and the Islanders have agreed to terms of a three-year contract. Sources told ESPN.com's Pierre LeBrun that the extension with is worth $9.4 million over three years. The deal will keep the 27-year-old with the team through 2014.

The Red Wings signed goaltender Evgeni Nabokov to a one-year deal, the team announced Thursday. A source told ESPN.com's Pierre LeBrun that the deal is worth $570,000. The 35-year-old goalie, who had spent his entire NHL career with the Sharks, must now clear waivers to join the Red Wings because he started the season playing in Russia's KHL.