Update 2: TSN is now stating that there never was a deal in place.
Update: Senators GM Bryan Murray has told ESPN "It's simply not true. I've had conversations with teams today but still I'm not close to a deal [involving Heatley]."
That's a very strong denial, so consider this rumour quashed unless it rears its ugly head again in the future.
ESPN is claiming that Bruce Garrioch's morning rumour has become a reality: that Dany Heatley has been traded to the San Jose Sharks. The Senators receive Alexander Frolov and Jarret Stoll from the LA Kings, while the Kings get Patrick Marleau from the Sharks.
REMINDER: THIS IS UNCONFIRMED. The teams involved are currently denying that this has happened, and it has not been reported by TSN. We will keep you posted on it, and will give a full analysis if the trade officially goes down.