McBain, 25, struggled at times in 2012-13 and was rumored to be on the move at the NHL Trade Deadline. He had one goal and eight points in 40 games.
Sekera, 27, had two goals and 12 points in a season that was derailed at times by injury.
The Sabres selected J.T. Compher, a member of the U.S. National Team, with the No. 35 pick.
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