According to the NHL Network, Ben Bishop has been traded from the Tampa Bay Lightning, Peter Budaj went the other way, and there are other pieces involved. What those pieces are, is almost completely irrelevant because there is only two ways the Kings keeping Bishop past the trade deadline makes any sense whatsoever.
Jonathan Quick has another injury that has yet to be disclosed.
The Kings have decided to keep Bishop past the deadline in the hopes of having him taken over any of their skaters in the expansion draft.
But I greatly doubt either of those is the case.
I think the Lightning needed to move him, and the only teams that wanted him wouldn’t make sense to trade to. I suspect the Kings have a destination in mind for him back east. If you look around not very hard for teams the Kings have had several successful trades with, who also need a goalie, the Philadelphia Flyers should leap to the tip of your tongue. The New York Islanders are another team that is really, really in need of goaltending stability. While it makes less sense for a three cornered trade to involve Winnipeg or Dallas, neither of them is in the same division as either the Kings or the Lightning, both teams are need of goaltending, and the Jets are going to need to move one or more forwards on the upper end of the age curve if they intend to keep the younger ones.
I’m willing to venture the odds of Ben Bishop not being a King on March second are greater than him playing there the rest of the year.