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Vegas Golden Knights Acquire Teddy Blueger

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The Vegas Golden Knights are adding another versatile forward to their lineup, acquiring Teddy Blueger from the Pittsburgh Penguins for a 2024 third-round pick and 22-year-old blueliner Peter DiLiberatore.

The Golden Knights made a move to clear room on their roster for this trade earlier today, sending veteran forward Byron Froese to their AHL affiliate, the Henderson Silver Knights.

Pittsburgh general manager Ron Hextall issued the following statement regarding this trade:

We are grateful for everything that Teddy has done for this team and the organization over the past 10 years. He was one of our most reliable penalty killers and a consummate professional. We wish him nothing but the best going forward.

Blueger is Vegas’ second addition to their forward corps in this trade deadline season, coming just a few days after the team sent 2021 first-rounder Zach Dean to the St. Louis Blues for Ivan Barbashev.

This move clears a roster spot on the Penguins’ roster at the cost of their fourth-line center. Blueger is playing on an expiring contract at a $2.2MM AAV, meaning the Penguins have also cleared that cap space off their books.

The Penguins have been rumored to be interested in pricer forwards such as Vancouver Canuck J.T. Miller, and this move, alongside Brock McGinn’s placement on waivers, gives the team some more wiggle room under the cap to make any desired additions.

In this trade, Pittsburgh has also added DiLiberatore, a 2018 sixth-round pick who has split time this season between the Golden Knights’ AHL affiliate in Henderson and the ECHL’s Savannah Ghost Pirates. His contract expires at the end of this season.

By subtracting Blueger, the Penguins lose a capable 28-year-old fourth-line center who has been with the organization since he was made a second-round pick at the 2012 draft. After four productive seasons playing college hockey, Blueger put together three productive campaigns in the AHL before earning his first NHL call-up in 2018-19.

While he came too late to taste Stanley Cup glory during the team’s back-to-back championships, he has been a valuable down-the-lineup contributor to some competitive Penguins teams.

Blueger is a responsible two-way center who averages the most short-handed ice time of any Penguins forward this season. Per SinBin.Vegas, Blueger has started 87.2% of his shifts in the defensive zone this season, and he’ll be a reliable defensive specialist for coach Bruce Cassidy as he looks to lead the Golden Knights on a long playoff run.

He could replace Brett Howden in the team’s fourth-line center role, or fill in as the third-line center, allowing Chandler Stephenson to shift back to the wing.

Regardless of where he ultimately factors in on game day, this is a smart, if a tad pricey move for the Golden Knights. Adding Blueger gives the team a strong defensive forward to add to a penalty kill that ranks in the middle of the pack leaguewide.

For the Penguins, this deal lands them a decent draft pick as well as some more cap space to work with as they look for some upgrades on the trade market.

The Athletic’s Shayna Goldman was first to report that Blueger was headed to Vegas, while Sportsnet’s Elliotte Friedman was first to report the core compensation headed to Pittsburgh.

Photos courtesy of USA Today Sports Images

Pittsburgh Penguins Sign Isaac Belliveau

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The Pittsburgh Penguins have signed prospect Isaac Belliveau to a three-year entry-level contract, which kicks in for the 2023-24 season. Belliveau currently plays for the Gatineau Olympiques of the QMJHL, where he will remain through the end of the season.

Now 20, Belliveau was a fifth-round pick of the Penguins in 2021 and would have become a free agent if not signed by June 1. The 6’2″ defenseman has 40 points in 44 games for the Olympiques this season, playing second fiddle to Anaheim Ducks prospect Tristan Luneau, who leads the team and all QMJHL defenders in scoring.

Belliveau is 12th in that race, though, and an intriguing prospect in his own right. He has had an especially good stretch recently, with five points in his last three, and has a chance to go on a long playoff run with the 39-12-6 club.

He’ll be ticketed for his first professional campaign in 2023-24; whether he can continue that offensive performance at the next level remains to be seen.

Brock McGinn, Mark Friedman Clear Waivers

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March 1: Both players have cleared waivers and can be assigned to the minor leagues, giving the Penguins additional cap space.

Feb 28: The Pittsburgh Penguins continue to use the waiver wire to clear salary off the books, this time waiving Brock McGinn and Mark Friedman, according to Chris Johnston of NorthStar Bets. As the deadline approaches, clearing room could give the Penguins enough flexibility to pull off a more significant move.

McGinn, 29, was one of Ron Hextall’s first big moves when he took over as general manager in 2021. He signed a four-year, $11MM contract with the Penguins on the first day of free agency after several up-and-down seasons with the Carolina Hurricanes. Almost immediately, it was clear that McGinn’s offensive production would never really materialize as he settled into a checking role in Pittsburgh.

In 2021-22, he scored 12 goals and 22 points in 64 games, numbers that he has yet to match this season. By placing him on waivers, the Penguins could bury $1.125MM of his $2.75MM contract in the minor leagues, or—perhaps hopefully—lose the entire contract to another team, as they did Kasperi Kapanen recently.

Cap space is more valuable for the team right now, especially if the team has something big in the works for the deadline. Reports have emerged several times about Hextall trying to trade McGinn, but it seems like they couldn’t find a taker before being forced into this move.

While Friedman certainly isn’t as expensive—he carries a cap hit of just $775K through next season—he is another asset that can be buried in the minor leagues to open up some room. His entire cap hit will be removed if he clears and is assigned to the AHL, though it isn’t much more than the league minimum.

Trade Deadline Primer: Pittsburgh Penguins

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The trade deadline looms and is now less than two weeks away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league with the Pittsburgh Penguins.

Being one of the game’s most recent dynasties, and housing one of the greatest players in NHL history, expectations are always high for the Pittsburgh Penguins. Not reaching the Conference Finals since their Stanley Cup victory in 2017, the Penguins are looking to squeeze out the last few seasons of their generational talents such as captain Sidney Crosby, Evgeni Malkin, and Kris Letang. Dealing with the ramifications of contending for so long, the Penguins no longer have the pipeline of young players they can bring into the lineup. Surviving mostly on the supplementation of college signings, the Penguins have only drafted in the first round three times in the last decade.

With a tight cap situation, and a lack of young assets to dangle, GM Ron Hextall will have quite a lot of work to do in the coming days in Pittsburgh. Serving at the helm since 2021, many of Hextall’s trades have come with mixed reviews. Acquiring players such as Jeff Carter, Jeff Petry, and Rickard Rakell, many of these trades were well received at the onset. However, through injuries or simply underperformance, these players have not been the game-changers that the Penguins may have expected them to be. As things currently sit, the Penguins sit in fifth place in the Metropolitan Division, barely hanging on to the last wild card spot in the East. As their playoff hopes are hanging by a thread, and several holes to fill in the lineup, the Penguins will have some hard decisions to make over the next few days.

Record

29-21-9, 5th in Metropolitan

Deadline Status

Conservative Seller

Deadline Cap Space

$1.9MM in full-season cap space today,  $2.1MM at the deadline, 0/3 retention slots used, 44/50 contracts used, per CapFriendly.

Upcoming Draft Picks

2023: PIT 1st, PIT 2nd, NJ 3rd, PIT 5th, PIT 6th, PIT 7th, FLA 7th, TOR 7th

2024: PIT 1st, PIT 2nd, PIT 3rd, PIT 4th, PIT 5th, PIT 6th, PIT 7th

Trade Chips

Taking a page out of their rival, the Washington Capitals, the Penguins should look to deal expiring contracts and any player that is not performing to their cap hit. Although trading underperforming veterans such as Carter and Brock McGinn could prove to be difficult even at their relatively modest cap hits, these are the players that the Penguins must look to move from their roster. Former Penguin Kasperi Kapanen was in a similar situation to these two. In the first year of a 2-year, $6.4MM contract, Kapanen wasn’t able to put it together in Pittsburgh once again this season. After being put on waivers, the St.Louis Blues claimed the forward, absorbing the rest of the contract. Although they didn’t receive anything in return, removing a player that isn’t producing in line with his contract is exactly what this team needs at the moment.

Because their cap hits are relatively modest compared to other underperforming stars, Jeff Carter and Brock McGinn shouldn’t need a world-changing offer to move. A former top-line center for the Philadelphia Flyers and Los Angeles Kings, Carter was acquired from the Kings during the trade deadline of 2021. Already having Crosby and Malkin in the mix, Carter was acquired at the time to provide depth in the Penguins’ bottom six. However, only scoring 21 points this season paired with a dismal -11 +/-, Carter just isn’t living up to the 2-year, $6.25MM contract he signed prior to this year. Being a two-time Stanley Cup champion with the Kings, there could be a team willing to acquire Carter as well as his salary to mentor some of their young centers of the future.

Additionally, since it doesn’t appear that they are going to run to the Cup Final, the Penguins should be looking to move any player not named Tristan Jarry set to hit unrestricted free agency. After several down years, Jason Zucker has had a revitalization of sorts. Scoring 16 goals and 18 assists in 55 games, he has shown this season that he can still be a top-six forward in the NHL. Interestingly enough, after not throwing over 100 hits in any season prior to this one, Zucker has already racked up more than 150. Being able to score goals and throw the body are invaluable to many teams for the playoffs, and the Penguins should net a decent return for the forward if they sell.

Other Potential Trade Chips: F Teddy Blueger, F Danton Heinen, F Josh Archibald, D Brian Dumoulin

Team Needs

1)  Top-2 Defenseman: Already a franchise legend, Kris Letang has still been tasked with leading the Penguins from the back end. After acquiring defenseman Jeff Petry from the Montreal Canadiens over the summer, the Penguins were hoping to take some of the stress off of Letang’s shoulders. Unfortunately, even after the addition of Petry, and the signing of Jan Rutta, the Penguins’ defense has continued to look lackluster. The goaltending tandem of Casey DeSmith and Jarry has allowed the Penguins to maintain a respectable 3.20 GA/G over the course of this year, however; the team is also 29th in shots allowed, giving up a total of 2007.

Although Erik Karlsson is a name that many fans would like to see donning the Penguins black-and-gold, his age and contract should be a major hindrance to the Penguins’ brass. Scoring 77 points already this year, Karlsson is still -2 +/-, showing that he is not the complete defenseman that the Penguins need at the moment. A much better alternative resides in Arizona. On a similarly situated team as Karlsson, Jakob Chychrun could be a perfect fit for the Penguins. Only 24, and signed to a relatively low $4.6MM over the next three seasons, Chychrun could benefit tremendously from being paired with Petry or Letang, and also benefit from being on the same power play as Crosby and Malkin.

2) Youth Movement: According to EliteProspects, the Penguins are the second oldest team this season with an average age of 29.9. As their franchise icons grow older, the Penguins must look to fill this team with the next generation. There is a lot of value to be had in draft capital, however; the Penguins should be putting an emphasis on acquiring young players instead of draft picks this trade deadline. Fortunately for the Penguins, Crosby still has the Midas touch. Any player the coaching staff puts around him instantaneously becomes better. Instead of stockpiling picks for players just exiting the college or junior levels, the Penguins should instead look to acquire players that are just on the verge of cracking the NHL. The league is designed in a way that it is hard to make the moves necessary to win three Stanley Cups in a decade and still be sustainable, but if the Penguins are able to re-tool and acquire young players this deadline, they might still have an open window with Crosby on their roster.

Photo courtesy of USA Today Sports Images

Blues Claim Kasperi Kapanen Off Waivers From Penguins

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Kasperi Kapanen is on the move as Daily Faceoff’s Frank Seravalli reports (Twitter link) that the Blues have claimed the winger off waivers from the Penguins.

The 26-year-old is in the midst of a tough season that has seen him record just seven goals and 13 assists in 43 games while being a healthy scratch on multiple occasions.  When he has been in the lineup, Kapanen is averaging just over 12 minutes a night which is a career low.  However, prior to this season, he has been a capable middle-six winger, ranging between 11 and 20 goals over the last four seasons between Pittsburgh and Toronto while he is one of the faster players in the league as well.

With that track record, it’s understandable that St. Louis would want to take a flyer on Kapanen to try to restore some value.  However, it does come with a somewhat notable salary commitment as the winger is in the first season of a two-year contract that carries a $3.2MM cap hit.  As a result of that claim, the Blues will take the entirety of that contract on.  Prior to the claim, they had nearly $71MM of commitments on the books for next season per CapFriendly with this claim pushing that number up to nearly $74MM for 16 players.  That won’t leave them with a lot of wiggle room to add to the back of their roster.

To make room for Kapanen (who won’t play today against his now-former team) on their roster, the Blues announced (Twitter link) that forward Nikita Alexandrov has been sent down to AHL Springfield.  The 22-year-old has five points in 20 games with St. Louis in his first taste of NHL action while he has done well in the minors, picking up 12 goals and 10 helpers in 28 contests with the Thunderbirds.

Meanwhile, it’s a disappointing end to Kapanen’s tenure with Pittsburgh with the team moving a first-round pick to reacquire him from Toronto less than two and a half years ago.  However, the move gives them some much-needed financial flexibility.  Being claimed allowed the Penguins to activate Jan Rutta from LTIR without needing to make any other roster moves while they will now have a bit more space to try to add another piece before the trade deadline.

Kasperi Kapanen, Kevin Gravel Placed On Waivers

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1:00 pm: Kapanen has officially been placed on waivers, along with Nashville Predators defenseman Kevin Gravel, per NorthStar Bets’ Chris Johnston.

12:28 pm: The Pittsburgh Penguins will place forward Kasperi Kapanen on waivers today, according to head coach Mike Sullivan.

Kapanen, who was re-acquired from the Toronto Maple Leafs before the 2020-21 season, has struggled to find his footing with the Penguins after a promising first year. In 43 games this season, the 26-year-old has recorded just seven goals and 13 assists, a steady drop-off from his production at the beginning of his Pittsburgh tenure.

The decision to waive Kapanen is made with the trade deadline in mind. The team is looking to clear some salary cap space to make a move, and burying Kapanen’s $3.2MM cap hit in the minors will take $1.125MM off his cap hit for the time being, the maximum buriable amount.

Kapanen has one year remaining on his contract after this season.

It’s highly doubtful Kapanen would be claimed on waivers, as the combination of his cap hit and term is undesirable for a player demoted to a fourth-line role this season. If he goes unclaimed, Kapanen could use some time with the Wilkes-Barre/Scranton Penguins to regain confidence.

Kapanen last played in the minors with the Toronto Marlies in 2017-18, recording 24 points in 28 games.

The Penguins’ name has been popping up more in trade rumors, as the team has quickly lost their small cushion on a wild card spot. Assigning Kapanen to the minors slightly adds to their $1.225MM projected deadline cap space, per CapFriendly.

Pittsburgh Penguins Linked To Jakob Chychrun

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  • According to a report by The Athletic’s Rob Rossi, Pittsburgh Penguins head coach Mike Sullivan has expressed interest in acquiring the top defense target left on the market: Arizona Coyotes defenseman Jakob Chychrun. However, Rossi relayed notes from sources that general manager Ron Hextall is opposed to the Coyotes’ asking price, which includes 2025 and 2026 first-round picks as part of the package — the seasons when Sidney Crosby’s and Evgeni Malkin’s contracts are set to expire. Pittsburgh is 3-6-1 in their past 10 games, falling behind both the Detroit Red Wings and the Buffalo Sabres in terms of points percentage in the Eastern Conference playoff race.

Kasperi Kapanen Available For Trade

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  • Seravalli also reports that the Pittsburgh Penguins recently informed the rest of the league that Kasperi Kapanen is available for trade, as the club approaches a salary cap crunch. Jan Rutta is almost ready to return from long-term injured reserve, meaning a move must be made in Pittsburgh. Kapanen has been made a healthy scratch at times this season and has scored just seven goals in 42 games.

Pittsburgh Penguins Activate Tristan Jarry

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The Pittsburgh Penguins activated starting netminder Tristan Jarry from injured reserve, the team announced Monday afternoon. Goaltender Dustin Tokarski was re-assigned to the AHL’s Wilkes-Barre/Scranton Penguins in a corresponding transaction.

Jarry is expected to start tonight when the Penguins host the New York Islanders. It will be his first start since January 22, missing the following nine games with an upper-body injury.

Pittsburgh’s been their best with Jarry in goal, and his return couldn’t come at a more important time in the season. The Penguins are surrounded by a tight pool of teams looking to secure Wild Card spots in the Eastern Conference, and the team’s 4-4-2 record in their past ten games can be attributed in part to poor goaltending.

The 27-year-old Jarry has been one of the better netminders in the league this season, boasting a .921 save percentage and a 16-5-5 record. Pittsburgh is below .500 with backups Casey DeSmith and Tokarski in the net.

Tokarski returns to Wilkes-Barre/Scranton, where he has a sparkling .920 save percentage in 21 appearances.

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