''Varlamov, however, could be available if the Islanders fail to gain ground in the Eastern Conference standings, provided he'll waive his 16-team no-trade clause to return to the team where he began his NHL career. The Capitals, however, only have just over $1.9 million in deadline cap space. They might have to move some salary to accommodate the remainder of Varlamov's $5 million cap hit for this season or convince Isles GM Lou Lamoriello to retain some salary in the deal.''
Varlamov, 33, was moved by the Capitals to the Avalanche in 2011 after a pair of disappointing seasons and being pushed out of the starting role by a youthful Braden Holtby.
