Kings trade for Penner. Update.

The Kings reeled in the biggest fish at the NHL trade deadline, acquiring left wing Dustin Penner from the Edmonton Oilers for defenseman Colten Teubert, a first-round 2011 draft pick, and a conditional third-round pick in 2012.

ESPN’s Pierre LeBrun wrote on Twitter that the 2012 pick will become a second-round pick if the Kings win the Stanley Cup.

Update: General manager Dean Lombardi told reporters at team headquarters in El Segundo that the trade ultimately came together Monday.

“When we left here late last night, everything was still very much in the air,” he said. “In terms of this having me going to bed last night thinking this was done, we were far from it.

“This is (one of) those times when you look at your locker room and say, they deserve some help in strengthening our locker room, making us a better team.”
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