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Losing Jimmy Hayes hurts, but getting Reilly Smith in return is worth it

Dale Tallon was quiet for almost the entirety of July 1st, signing a handful of AHL players to contracts in order to bolster the roster of the team's American League affiliate, the Portland Pirates.

That evening, however, he made some noise by trading Jimmy Hayes to the Boston Bruins in exchange for Reilly Smith and Marc Savard's contract.

Hayes, 25, is coming off of a 19-goal season, but would most likely have required arbitration in order to get a new contract signed with the Cats.

Smith, 24, was a key piece of the return Boston got from the Dallas Stars in exchange for Tyler Seguin, while Marc Savard's contract going to South Florida gives Don Sweeney some cap room to work with in Boston.