It's noon, it's July 1, that can only mean one thing...Happy
Canada Day Free Agent Nuttiness Day! Stick around to see what happens when GMs stop being polite and start handing out massive wads of cash.
Programming note: We'll add updates to this post when (if?) the Caps sign/trade anyone, so keep it here for your day of UFA fun.
Update: The Caps have traded Semyon Varlamov to Colorado for a first-round pick in 2012 and a second-round pick in either 2012 or 2013. Post on the trade is here.