Confirmed Trade: [MTL/PIT/SJS] Karlsson, Pitlick, Hamaliuk, SJS'26 3rd to PIT; Granlund, Hoffman, Rutta, PIT'24 1st to SJS; Petry, DeSmith, Legare, PIT'25 2nd to MTL

[Seanaconda]

That is soooo bad for the sharks lmao mods please delete the old Karlsson threads for the sake of all the shark fans

 

[smitty10]

What the hell is San Jose doing, absolutely robbery by Dubas. But also, Crosby 35, Geno 37, Letang 36, EK 33

They're almost certainly a wildcard team now though, which is the goal here. They want to give Sid a playoff roster to make a push in the playoffs. Regardless of the future complications, this allows them to likely achieve their goal.

 

[archangel2]

Sharks had to take 2 cap dumps in Hoffman and Granland. Obviously the Sharks will try to flip them at the deadline. The first is the key.. But I do not see the top level prospect heading to the sharks that most claimed. My guess. WIth almost no retention, Sharks were not getting as much as they hoped

 

[LEAFANFORLIFE23]

Feels good to have Dubas.

About half your fanbase is about to feel very differnt because all your 1st round picks are going out the door.

ALL of them.

 

[Maurice of Orange]

Where are all these conditions? I see nothing?

Might have to go outside of HF to see all the conditions.

PIT receives: D Erik Karlsson, F Rem Pitlick, F Dillion Hamaliuk, 2026 third-round pick (SJS)

SJS receives: 2024 first-round pick (PIT, top-ten protected), F Mikael Granlund, D Jan Rutta, F Mike Hoffman

MTL receives: 2025 second-round pick (PIT), D Jeff Petry, G Casey DeSmith, F Nathan Legare

San Jose is retaining $1.5MM of Karlsson’s $11.5MM cap hit through 2026-27.

Montreal is retaining no salary on Karlsson in this trade, meaning the Penguins have Karlsson at a massive $10MM cap hit for four more seasons.

Pittsburgh also retains $1.5625MM, or 25%, of Petry’s cap hit. Montreal will have him at a cap hit of $4.6875MM through 2025.

 

[Bishop7979]

To the non pens fans bitching about the pens hurting their rebuild…

what really hurt the rebuild?
in reality it was two picks during the years they aren’t focused on rebuilding, one meh prospect in legare, and smith (who I did like, but Sullivan was never going to give him a shot)

and they got to dump multiple hextall signings who either didn’t work out in petry and granlund, and rutta who was too hurt to show if he fit or not.

yeah EK isn’t going to hit 90pts again, but he’s shockingly a better fit than the guys who were moved out, given Sullivan wants fast mobile puck movers, and it opened up cap space somehow.

they just missed the playoffs by one game due to hextall being a shit gm And jarry being hurt. The top six was stupidly productive, and pretty much comes back unchanged. Jarry supposedly has been diagnosed with whatever was wrong with him and has a treatment plan in place to correct his issues, and they re-tooled the bottom six to better fit the coaches play style, as long as carter is benched.

you don’t waste Sid Geno and letangs last years by giving up and rebuilding, especially when letting and milking took hometown discounts to stay.

 

[Ezekial]

lmao why would SJ care about retention dollars and then take on Granlund's contract???

bizarre trade for them, absolutely coup for Pittsburgh

$10 million < $40 million

Granlund becomes a piece they can trade for a pick

 

[3ladesof5teel]

He claims he isn’t injury prone while describing an injury prone player.

That was funny to read.

Aside from last season, he’s never played 60 game since leaving Ottawa. What’s the anomaly, the one season he wasn’t injured or the 4 prior seasons he was?

Yes because over the tenure of his career he has been more injury "prone" than players in hockey. It's a tough sport guys are going to miss games.

It's not like his injuries are more prevalent than any other player in the league and a common reoccurrence.

Sour grapes

 

[archangel2]

That is soooo bad for the sharks lmao mods please delete the old Karlsson threads for the sake of all the shark fans

Only because many were trying to say they were getting multiple firsts and a top prospect.

 

[Janvonpobben]

Crosby and Karlsson to both be over 100p next season?

 

[smitty10]

Sharks had to take 2 cap dumps in Hoffman and Granland. Obviously the Sharks will try to flip them at the deadline. The first is the key.. But I do not see the top level prospect heading to the sharks that most claimed. My guess. WIth almost no retention, Sharks were not getting as much as they hoped

They'll get a mid first pick. Likely can get some value for Ruuta now and Granlund at the TDL. I don't think it's as bad as people are making it out to be.

 

[Super Cake]

You actually believe they have a chance of being a bottom 10 team?

I have seen enough shit in the NHL the past couple of years to where i have to say yes.

 

[DRAGO 18]

Where are all these conditions? I see nothing?

Mods need to add this, my apologies

 

[Pinkfloyd]

Going to be amazing for SJ in 4 years.

They got nothing going on for the next four years except for accumulating younger players so this helps that.

 

[Apex Predator]

You actually believe they have a chance of being a bottom 10 team?

You never know what happens. Letany karlson and Malkin get hurt and miss time then what. Pens miss playoffs but win draft lottery. Those 3 don’t have the healthiest history. I don’t think they do but you can never know.

 

[Revansky]

Like it for all the teams involved. I know it may be more controversial but i like it for the Sharks. You can now properly tank with Karlsson out, got players with cap hit gone in two years and the retention slot won't matter when you try to compete.

 

[Michoulicious]

Surprisingly it's quite a nice trade for the Habs.

They get Petry (25% retained) and a 2nd. They will flip Petry somewhere else (probably retaining some more) for another pick.

In the process, the get rid of Hoffman and Pitlick, so when all is said and done, it's at least a 2nd for 1 year of Petry's contract and most certainly one more pick.

Nice gamble.

Problem with retaining on Petry is you lose another retention spot for 2 years. Ideally they want to get under the cap before season start with as many retention spots as possible, so they can put Price on LTIR after season start and benefit from 10 millions in cap + retention spot to maximalise asset return/future bad contracts for picks/etc.

 

[TheWayToRefJose]

You actually believe they have a chance of being a bottom 10 team?

It’s weird. Almost like Karlsson was traded for a 1st that ended up being 3OA instead of a late first that everyone thought it would be.

Similar team as well. Old core going for one last kick at the can.

 

[FunkySeeFunkyDo]

It’s looking like Jurassic park in Pittsburg.

You forgot an “h” and they got younger, so don’t quit your day job.

 

[bleuetbio]

So no retention for Petry's contract?

 

[Pinkfloyd]

Only because many were trying to say they were getting multiple firsts and a top prospect.

That was only being said for heavy retention save for maybe one person going overboard.

 

[Kristopher Letang]

About half your fanbase is about to feel very differnt because all your 1st round picks are going out the door.

ALL of them.

Nothing new. We’ve been doing that for a decade, but go off.

 

[orby]

So no retention for Petry's contract?

Pens retain 25 percent on Petry.

 

[DrDangles]

About half your fanbase is about to feel very differnt because all your 1st round picks are going out the door.

ALL of them.

That's already been the story for the last 15 years. If only we kept those precious picks rather than chase cups

 

[MarkovsKnee]

Might have to go outside of HF to see all the conditions.

PIT receives: D Erik Karlsson, F Rem Pitlick, F Dillion Hamaliuk, 2026 third-round pick (SJS)

SJS receives: 2024 first-round pick (PIT, top-ten protected), F Mikael Granlund, D Jan Rutta, F Mike Hoffman

MTL receives: 2025 second-round pick (PIT), D Jeff Petry, G Casey DeSmith, F Nathan Legare

San Jose is retaining $1.5MM of Karlsson’s $11.5MM cap hit through 2026-27.

Montreal is retaining no salary on Karlsson in this trade, meaning the Penguins have Karlsson at a massive $10MM cap hit for four more seasons.

Pittsburgh also retains $1.5625MM, or 25%, of Petry’s cap hit. Montreal will have him at a cap hit of $4.6875MM through 2025.

That's all in the OP if people care to expand it and read it.