On Thursday, Josh Yohe of the Tribune-Review reported that former Capitals player Alexander Semin was interested in signing with the Penguins, but wanted to do so on a long-term deal. The Penguins were hesitant to do so due to Semin's inconsistent play and reputation as a player with a poor attitude.
However, it appears that Pittsburgh got their cake and can eat it too, as a report from Sportsnet indicates that the Penguins have reached an agreement with Semin for one year.
The report remains unconfirmed for now, but if it is the case, the Penguins have added an offensive threat to their team without much risk on their part if he doesn't work out.
UPDATE by Charlie Wilmoth: See here. These reports aren't just unconfirmed, they're pretty likely to be bunk. At this point, there isn't much of a reason to think that Semin has reached an agreement with the Penguins.