The deal Monday is the second the Sharks have made in the past week. San Jose traded defenceman Douglas Murray to Pittsburgh last week for two draft picks.
Handzus had one goal and one assist in 28 games. His biggest contributions came in shootouts where he converted three of seven chances. He was benched the last six games as the Sharks tried to get more speed in the lineup.
The pick San Jose got is one they sent to Chicago during last year's draft.
The 36-year-old Handzus is eligible to be an unrestricted free agent this summer. He played eight games for Chicago in 2006-07 before being sidelined by a season-ending knee injury.
You get the right whistles at the right times, you can leave him out there. He's a beast when it comes to being on the ice. I thought [Saturday] he was a big man. That first period, he did that lateral cut and it was like three bowling pins bounced off him. There's not too many guys that can do that.
— Capitals coach Barry Trotz on Alex Ovechkin, who enters February tied for the NHL lead in goals