Multiple reports suggest that AHL center Dustin Jeffrey was traded by the Coyotes to the Penguins in exchange for AHL center Matia Marcantuoni and possible other considerations (pending confirmation).
Jeffrey recorded a goal and an assist in seven NHL games this season after signing a two-way contract this past summer. At the AHL level however, Jeffrey was Springfield's points leader, with 13 goals and 33 assists. He was also an AHL All-Star for the Falcons.
Marcantuoni was a 4th round pick of Pittsburgh's in 2012, out of the OHL's Kitchener Rangers. In split time between the ECHL and AHL this season, Marcantuoni has 12 points in 26 games.
The move doesn't make the Falcons better on paper. And Marcantuoni has looked like anything but a sure bet to make the NHL. But he's 6' 0", 200 pounds and can play both center and wing, so perhaps the Coyotes were looking for more depth across their system.
We will continue to update this story as details become available.
UPDATE (3:13 PM): Per the Penguins official account, the Coyotes also sent ECHL players James Melindy and Dan O'Donoghue to the Penguins. The move would keep the Coyotes below the 50 contract limit.