The Sharks made a trio of trades before Monday's NHL trade deadline.
Shortly after trading Jacob Middleton to the Minnesota Wild, San Jose completed another two trades. Left wing Andrew Cogliano was traded to the Colorado Avalanche in exchange for a fifth-round pick
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TSN's Bob McKenzie first reported terms of the deal earlier Monday.
"Andrew was an important leader and a respected veteran in our dressing room this season," said Sharks Assistant General Manager Joe Will. "Our players will be better pros for having had Andrew as a teammate."
The Sharks also acquired defenseman Anthony Bitetto from the New York Rangers in exchange for forward Nick Merkley.
“Anthony is a physical, veteran defenseman who gives us additional depth on our blueline,” said Sharks Assistant General Manager Joe Will.
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This was Cogliano's first season with the Sharks. The 15-year NHL veteran played in 56 games this season for San Jose, scoring four goals with 11 assists with a minus-16 plus-minus on the ice.
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Cogliano held down the left wing on the third line alongside Nick Bonino and Noah Gregor.
Bitetto has appeared in 39 games with the Hartford Wolf Pack of the American Hockey League, totaling four goals and 11 assists. Merkley played in nine games with San Jose this season, collecting one goal and two assists.