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Penguins’ Karlsson Trade Interest Wanes as Focus Shifts to Other Veterans

They are pursuing trades for other high-salary veterans to clear cap space and bolster draft picks.

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Overview

  • Interest in Erik Karlsson has cooled, with original suitors like the Golden Knights, Hurricanes and Maple Leafs showing little traction on his $11.5 million deal.
  • Pittsburgh still carries $10 million of Karlsson’s cap hit and may retain additional salary to facilitate any deal.
  • GM Kyle Dubas is exploring offers for Bryan Rust and Rickard Rakell that could yield first-round picks or top prospects while freeing significant cap room.
  • Goaltender Tristan Jarry is linked to Edmonton trade talks, with the Penguins willing to retain part of his $5.375 million AAV in exchange for mid-round draft picks.
  • A late-summer Bruins blockbuster proposal sending Joonas Korpisalo and Andrew Peeke to Pittsburgh for Karlsson remains speculative given his no-movement clause and cap complications.