GMF takes a look at some of the most significant incomings and outgoings in the Football League's basement division from six figure sums to one month loan deals.
Tubbs' transfer from Crawley Town to boyhood club Bournemouth may have raised a few eyebrows in League Two. For one, most fans will be glad to see the back of the prolific net-buster, who scored 58 goals in 78 appearances for Steve Evans' side.
Secondly, a player from League Two has moved to a League One side for a whopping fee of £800,000 - huge money for a team at this level, even if it is the cash-crazy Red Devils.
That fee represents what a terrific two years the 27-year-old has enjoyed. Tubbs was playing for non-league Salisbury City until 2010, when Crawley came calling with a bid of around £70,000.
The size of the fee paid by Bournemouth also represents a major turnaround in their financial plight. Until very recently, they were struggling to stay afloat and I remember they once had to pull a teenager out of school on a Friday afternoon to ensure they had a full squad to face Shrewsbury in League Two the following day.
Cherries boss Lee Bradbury has been criticised by some members of the Bournemouth faithful. Memories of their recent financial toils are fresh in the memories of the more frugal followers, who are mindful that the Bournemouth boss also signed Donal McDermott, Steve Cook, Charlie Daniels, Simon Francis, Wes Thomas and Scott Malone in the January transfer window.
Crawley have no need to worry too much about Tubbs' departure after taking Notts County forward Karl Hawley on loan until the end of the season.
The 30-year-old has made over 300 appearances in a 12-year career, scoring 78 goals. So, Evans may have found the man to replace Tubbs during the West Sussex club's promotion charge.
This one could go either way. There is no doubt that Northampton signed the cerebral centre-back due to his relationship with their new-ish boss, Aidy Boothroyd. The pair worked together when Watford achieved an unlikely promotion to the Premier League in 2006.
Carlisle has been shipped out on loan once again by parent club Burnley after a spell with Preston earlier this season.
Both Boothroyd and Carlisle could be operating at a higher level but, my God, do Northampton need some stability and experience right now – the Cobblers are rooted to the bottom of League Two.
SCOTT RENDELL/ MARK WILSON
Oxford United were pretty busy during the window and the U's sealed a double coup on deadline day, bringing in Scott Rendell and Mark Wilson from Wycombe Wanderers and Doncaster Rovers respectively.
Chris Wilder's side sit seventh at the moment and will be hoping that bringing in the two experienced men will help them hold on to a play-off spot come the end of the season.
32-year-old midfielder Wilson has joined on a free transfer until the end of the campaign, whilst Rendell joins on a loan until May.
The striker has scored 76 goals in 151 games since starting his career with Aldershot in 2003. A goal scoring record of 45 goals in 96 career appearances is not to be sniffed at and the 25-year-old certainly still has a lot to offer at League Two level.
Paolo Di Canio coveted Luke Rooney a while back and got himself into hot water with Gillingham boss Andy Hessenthaler.
The Italian apparently told his chairman that he 'needed' to buy the midfielder when Swindon beat Gillingham 2-0 last October.
Gillingham turned down an initial 'six-figure' bid, so you wonder how much the Robins have paid for the 21-year-old, who was out of contract in the summer.
Rooney could provide the creative spark as The Robins fire themselves towards the top of the table.
Greg Pearson's loan move from Burton to local rivals Crewe Alexandra was a little surprising. The lanky forward has always been a goal threat for the Brewers, and it didn't take him too long to fit in to the Alex's side.
In fact, after meeting his new team-mates at a service station five hours earlier, the 26-year-old scored the only goal of the game as The Railwaymen defeated Oxford 1-0.
Pearson must have got the taste for scoring as he netted in the following fixture against Dagenham & Redbridge.
On that form, it is doubtful that Paul Peschisolido will allow Crewe to extend the striker's stay for longer than a month.