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Evening Notes: Sergachev, Pitlick, Wood, Rantanen

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Tampa Bay Lightning reporter Chris Krenn tweeted that Lightning defenseman Mikhail Sergachev skated today in a non-contact jersey but added that head coach Jon Cooper cautioned people to not expect him to return for the first round of the playoffs. Cooper said that if the Lightning were to make it deep in the playoffs, he could return to the lineup, but he was happy to have him skating with the group.

The 25-year-old has played just once since December 19th and has been out of the lineup since fracturing his tibia and fibula back on February 7th in his first game back after suffering a foot injury that kept him out of the lineup for nearly two months.

In 34 games this season, Sergachev has recorded two goals and 17 assists but is a -16.

In other evening notes:

  • Ben Pope of The Chicago Sun-Times tweeted that the conditional 2026 seventh-round pick that the Chicago Blackhawks sent to the Pittsburgh Penguins in exchange for depth forward Rem Pitlick carried the condition of Pitlick playing 30 NHL games and will not be sent to the Penguins. Pitlick has only dressed in nine games for Chicago, meaning the Blackhawks will keep their pick for the 2026 draft. The Penguins were likely okay with losing Pitlick for nothing as he was collecting a $1.1MM salary while playing for their AHL affiliate.
  • Evan Rawal of Colorado Hockey Now is reporting that the Colorado Avalanche will be without forwards Miles Wood and Mikko Rantanen for tomorrow night’s game against Minnesota. Wood will miss his second consecutive game with a lower-body injury and is mired in a 23-game goalless drought. In his first season with Colorado the 28-year-old has nine goals and 15 assists in 72 games. Rantanen on the other hand may skate with the team in the morning but will not play. He is reportedly feeling better after being in concussion protocol and missing last night’s game as well. Rantanen has topped 100 points for the second consecutive season as he has 40 goals and 62 assists in 77 games this season.

Blackhawks Place Rem Pitlick On Waivers

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The Blackhawks placed forward Rem Pitlick on waivers Wednesday for the purpose of assignment to AHL Rockford, Chris Johnston of The Athletic and TSN reports.

Chicago acquired Pitlick from the Penguins on Jan. 6 in exchange for a conditional 2026 seventh-round pick. Since the trade, the 26-year-old has played in nine games, failing to record a point and posting a -7 rating while averaging 15:35 per game.

Pitlick is in the second season of a two-year, $2.2MM contract signed with the Canadiens in July 2022. After splitting the 2022-23 campaign between Montreal and AHL Laval, Pitlick was included in the three-way deal between the Canadiens, Penguins and Sharks that saw 2023 Norris Trophy winner Erik Karlsson head to Pittsburgh.

Despite recording 21 goals and 52 points in 112 games over the 2021-22 and 2022-23 campaigns, Pitlick did not crack the Penguins’ roster out of training camp and was waived in September before being assigned to AHL Wilkes-Barre/Scranton. After posting eight goals and 16 assists in 32 minor-league contests, the Blackhawks acquired Pitlick to add some forward depth in the wake of a rash of injuries around the New Year.

The team is slowly getting healthier, though, and names like Connor Bedard and Anthony Beauvillier are nearing returns. As such, Pitlick has been a healthy scratch in four of Chicago’s last five games after failing to make an impact on the scoresheet. In his lone recent appearance, a Feb. 9 game against the Rangers, he played fourth-line minutes and recorded a -1 rating without getting a shot on goal.

With a $1.1MM cap hit and a disappointing call-up, the likelihood of Pitlick being claimed on the waiver wire is nearly nonexistent. The University of Minnesota product will be a UFA this summer.

Injury Notes: Capitals, Sabres, Blackhawks

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The Washington Capitals will be without both Rasmus Sandin and Tom Wilson, as both players have been designated as day-to-day with upper-body injuries. Wilson was on the receiving end of the butt-end of Alex Laferriere’s stick in the team’s recent matchup against the Los Angeles Kings, leaving Wilson bloodied and forcing him out of action for a brief moment, though the winger returned before the final horn.

Both players have played extended time for the Capitals this season, with Sandin appearing in 36 games and Wilson one of only six players to appear in all 38 of the team’s games. Sandin’s 11 assists on the season rank fourth on the Capitals, though the 23-year-old defenseman has yet to score his first goal of the year. Washington brought in Sandin ahead of last season’s trade deadline, sending the Toronto Maple Leafs Erik Gustafsson and the 28th-overall pick in the 2023 NHL Draft, which Toronto used to bring in Easton Cowan.

Sandin has averaged 22 minutes of ice time this season, ranked second among the team’s skaters, while Wilson has averaged roughly 18-and-a-half. Both players are core lineup pieces that the Capitals will want back as soon as possible.

Other injury notes from around the league:

Blackhawks Acquire Rem Pitlick

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The Blackhawks have added some extra depth up front, acquiring winger Rem Pitlick from Pittsburgh in exchange for a conditional 2026 seventh-round pick.  Both teams have announced the swap.

Pitlick spent the previous two seasons with Montreal before being included as part of the three-team swap which also involved San Jose, landing the Penguins defenseman Erik Karlsson.

The 26-year-old impressed as a waiver claim by the Canadiens in 2021, picking up 26 points in 46 games.  That was enough for Montreal to give him a two-year, $2.2MM contract, seemingly giving him some stability.  However, Pitlick cleared waivers last season, splitting the year between AHL Laval and Montreal where he had just 15 points in 46 contests, leading to a trade request, one that was granted with his inclusion in the three-way trade.

However, the change of scenery didn’t work out quite as planned for Pitlick.  Pittsburgh’s cap situation helped land him back on waivers and since clearing at the end of training camp, he has played exclusively with AHL Wilkes-Barre/Scranton.  Pitlick has been productive down there, notching 24 points in 32 games to lead the Baby Pens in scoring.

Presumably, Pitlick will now get an NHL look with a team where the salary cap situation won’t be a concern.  The Blackhawks have six forwards on injured reserve at the moment while Connor Bedard left yesterday’s game due to injury so Pitlick should get an opportunity to make an impact with Chicago.  A strong second half showing could give him a nice boost heading into unrestricted free agency this summer, just like it did two years ago.

What Your Team Is Thankful For: Montreal Canadiens

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As the holiday season approaches, PHR will be taking a look at what teams are thankful for in 2023-24. There also might be a few things your team would like down the road. We’ll examine what’s gone well in the early going and what could improve as the season rolls on for the Montreal Canadiens.

Who are the Canadiens thankful for?

Mike Matheson

Mike Matheson has had a tale of two careers.

He was good in his first few seasons in the NHL with the Florida Panthers, showcasing his terrific skating and his ability to carry the puck out of the defensive zone. But shortly after signing an eight-year extension the warts in his game began to show and he became a lightning rod for criticism in the Sunshine State.

It wasn’t long after that Matheson was dealt to the Pittsburgh Penguins along with Colton Sceviour for Patric Hornqvist. Matheson was able to rehabilitate his game and looked like a good fit with the Penguins long-term. However, Penguins general manager Ron Hextall inexplicably wanted to change up the Penguins’ defense and in one day bulldozed his defense core by trading John Marino to New Jersey and Matheson to the Canadiens. Both trades have been a disaster for the Penguins, but the Matheson one stings for several reasons.

Since coming over to Montreal, the 29-year-old Matheson has dressed in 79 games, during that time he has 13 goals and 42 assists and has averaged almost 25 minutes a night in ice-time. He has been a catalyst for the Canadiens offense, and a mentor to many of Montreal’s young defensemen.

Although he has dealt with some injury issues, Matheson has been a driving force for the Canadiens and one that should continue to be an important piece for them in the coming seasons.

What are the Canadiens thankful for?

The Jeff Petry trades.

The Pittsburgh Penguins and Montreal Canadiens made a trade back in July 2022 that sent defenseman Matheson to Pittsburgh in exchange for veteran defenseman Petry and Ryan Poehling. It was a questionable trade at the time for the Penguins as they were giving up a much younger defenseman for a 36-year-old defender with an inflated cap hit. A year after the deal, it’s safe to say that the trade was an absolute heist by the Canadiens. Jeff Petry has been traded twice since the original trade and Poehling was non-tendered and signed with the Philadelphia Flyers.

Petry was traded by the Penguins to the Canadiens this past August in a move that Pittsburgh had to make to facilitate the Erik Karlsson trade. The Penguins traded Petry, goalie Casey DeSmith, forward Nathan Legare and a 2025 second-round pick in exchange for Mike Hoffman and Rem Pitlick. Hoffman was then moved to the Sharks and Pitlick has toiled in the AHL.

The trade was a great move for Montreal to acquire two futures while unloading two bad contracts. But they weren’t done yet. The Canadiens then traded Petry to the Detroit Red Wings for little-used defenseman Gustav Lindstrom and a conditional fourth-round draft pick in 2025. Finally, Montreal was able to complete the trade tree by shipping DeSmith to the Vancouver Canucks for Tanner Pearson and a 2025 third-round pick.

When all was said and done, the Canadiens were able to turn Pitlick, Hoffman, and a retained salary on Petry into Legare, Pearson, Lindstrom, and three 2025 draft picks. It was a creative move by Montreal, that will help them continue to build up their farm system or allow them to acquire additional players should they be more of a contending team in 2025.

What would the Canadiens be even more thankful for?

A Josh Anderson resurgence.

Many critics panned the Canadiens’ trade for Anderson back in October 2020 and for good reason, the trade was followed by the announcement of a seven-year $38.5MM extension that seemed like a massive overpay. In hindsight, it probably was, given that Anderson is carrying a $5.5MM cap hit and hasn’t come close to the 47 points he put up during the 2018-19 season. Since joining Montreal, Anderson has topped out at 32 points (twice), but he did have 40 goals over the two seasons before the start of the 2023-24 season.

This year has seen Anderson struggle more than he has in previous seasons. Through 31 games, the 29-year-old has just four goals and five assists and has been a drag on almost everyone he has played with this season. It’s been a frustrating season for the Burlington, Ontario native, one that he has acknowledged publicly. Just two nights ago, Anderson had an incredible game against the New York Islanders in which he scored two goals and was named the first star of the game. Afterwards, during a post-game interview, Anderson was serenaded by the Canadiens faithful and seemed genuinely humbled by the applause. With any luck, Anderson can use the game to catapult himself back to the heights he experienced when he put up 27 goals with the Columbus Blue Jackets five years ago.

If he can get back to his game, it could go a long way to the Canadiens making an unlikely push for a playoff spot in the ultra-competitive Eastern Conference.

What should be on the Canadiens holiday wish list?

A goal-scoring forward.

The Canadiens forwards need to score more as they rank near the bottom of the NHL in goals and are currently on pace to not have a single 25-goal scorer. Cole Caufield and Nick Suzuki both registered 26 goals last year but have just eight each thus far through 31 games, while Sean Monahan and Brendan Gallagher are far removed from the back-to-back 30-goal seasons, they each enjoyed from 2017-2019.

The Canadiens need a game-breaker, which is much easier said than done. Most teams are looking for this type of scorer and they are almost impossible to acquire in today’s NHL. The Canadiens do have a surplus of young defensemen they could choose to trade from, but they would need to find a trading partner that is interested in trading away one of the most coveted pieces in today’s NHL.

The Canadiens have been patient with their rebuild and have made some savvy moves to acquire good young prospects and defensive depth. At some point in the near future, they are going to have to take a risk on an offensively gifted forward. Whether that happens via trade or free agency remains to be seen but they will need to acquire a forward that can put the puck in the net.

Latest On Pittsburgh Penguins Roster

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The Pittsburgh Penguins finally found a goal scorer in their bottom six forwards as Radim Zohorna lit the lamp in the final minutes of the Penguins’ 4-2 loss to the St. Louis Blues last night. Zohorna was playing in his first game of the season after being sent down to the AHL after a strong training camp and formed a unit with fellow winger Drew O’Connor and center Lars Eller.

After the game, Penguins Coach Mike Sullivan was visibly frustrated with his team’s play, and while he didn’t talk about roster decisions going forward, General Manager Kyle Dubas has been. Dubas spoke with NHL On TNT just a few nights ago and said he wanted the bottom six forwards to be tougher to play against and added that he didn’t feel the group was there yet. Dubas’ comments sparked speculation that the Penguins could be looking to make a move in the bottom six and they did by waiving Jansen Harkins and re-calling Zohorna before last night’s game. The Penguins also health-scratched defenseman P.O. Joseph in favor of Ryan Shea who made his NHL debut on the Penguins’ third pairing.

Kyle Dubas stocked up on fringe NHL talent in the offseason and has stashed many of those options in the AHL specifically for a moment like this. The Penguins AHL affiliate has so many veterans in fact that Alex Nylander and Andreas Johnsson had to be veteran scratches for last night’s Wilkes-Barre/Scranton Penguins game. On top of Nylander, Johnsson, and Harkins, the Penguins also have Vinnie Hinostroza, Rem Pitlick, and Colin White as former NHLers who could be called up to shuffle the furniture in the Penguins bottom six.

Josh Yohe of The Athletic wrote in his 10 Postgame Observations piece that Sullivan typically doesn’t make major changes after a loss, but given the team’s recent record and his comments, he implies that it could happen. The Penguins third line of O’Connor, Eller and Zohorna was very good last night, however, the fourth line of Matthew Nieto, Jeff Carter and Noel Acciari has offered very little to the team and appears to be constantly chasing the play. That group is at the bottom of the Penguins lineup in almost every analytical statistic and has a combined zero points in five games together. Sullivan has been apprehensive about scratching Carter in the past and became defensive with the media last season on multiple occasions when the topic was asked about.

It might be just five games into the season but given that the Penguins are 2-3 against five teams that didn’t make the playoffs last season, there could be big changes brewing in Pittsburgh as Dubas and company try to find an identity for the bottom six forwards. A competent bottom-six has been something the Penguins have lacked since they lost Brandon Tanev (and Jared McCann via trade) in the 2021 NHL Expansion Draft and it was one of the big reasons they missed the playoffs in 2023.

Examining The Pittsburgh Penguins Bottom Six Options

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The Pittsburgh Penguins saw more turnover this offseason than any other organization in the NHL. From the hiring of President of Hockey Operations and General Manager Kyle Dubas to the signing of a multitude of fourth liners, the Pittsburgh Penguins look wildly different than they did six months ago. It’s certainly a welcome change in the Steel City after the Penguins missed the playoffs for the first time since 2006.

In a recent season preview that was completed by Sean Gentille, Shayna Goldman, and Dom Luszczyszyn of The Athletic, the trio pointed out that one of the biggest issues with the Penguins last season was the lack of support from the bottom six forward group. The group was so bad that nearly half of it was put on waivers before the trade deadline. Kasperi Kapanen was claimed, Brock McGinn was traded, and many others departed in free agency or were traded away.

Kyle Dubas completely overhauled the bottom six almost exclusively through free agency. In the early days of free agency, the Penguins signed Noel Acciari, Lars Eller, Vinnie Hinostroza, Andreas Johnsson, Joona Koppanen, Matt Nieto, and Radim Zohorna. Dubas also traded for Rem Pitlick who was a throw-in as part of the Erik Karlsson trade. These eight players now find themselves competing with the remaining Penguins’ bottom six options Jeff Carter, Alexander Nylander and Drew O’Connor, as well as Colin White who is in camp on a PTO. The group of 12 will be competing for six or seven NHL spots in the Penguins forward group.

Competition is almost always a good thing in the NHL and the Penguins training camp has seen a lot of it. Very little is set in their bottom six, except that it will likely be again void of offence. While the group doesn’t have a ton of offensive firepower, they clearly have an identity, which is something that didn’t exist in previous seasons in Pittsburgh. Dubas has targeted players who are capable defensively, can skate with pace, and won’t hand the game away by giving up backbreaking goals. The same can’t be said for the Penguins’ bottom six last season.

With all this, one must wonder which players will have the inside track to start opening night on the Penguins’ third and fourth line. Let’s look at the way Head Coach Mike Sullivan and the Penguins might utilize their options.

In a perfect world, Eller would be a perfect fourth-line center, but in Pittsburgh, he will likely see duty as a third-line pivot. At 34 years old, Eller’s best days are behind him, but he is still a very capable penalty killer and is defensively sound. Eller doesn’t offer the offensive pop he did in his last 20s, but he is just a year removed from a 31-point season.

Flanking Eller on the left side will likely be O’Connor, the Penguins love his size and speed and are hoping he can piece it all together. It goes to show how top-heavy the Penguins are when they are counting on a player who has eight goals and nine assists in 78 career games to be a key component of their third line.

When healthy, it seems very possible that the Penguins will deploy Nylander. The former eighth-overall pick has the pedigree to be a scorer in the NHL, but he has never been able to produce enough offense to stick with an NHL club. Nylander will start the season on the Penguins second line in the absence of Jake Guentzel, and depending on his production he could find himself flanking the right side of the third line, or exposed to waivers.

The Penguins’ fourth line is where it gets interesting. Nieto and Acciari were targeted by Dubas on July 1st and fit the identity that Dubas and Sullivan are building for that group. Nieto is a terrific penalty killer and will be utilized in that role a lot, while Acciari adds a physical element and is good defensively. Both players can add a bit of offense as well, Nieto is coming off a season in which he posted 12 goals and 12 assists in 81 games, while Acciari had 14 goals and 9 assists last season in 77 games.

Finally, last season’s lightning rod Carter remains under contract for one more season and is still a favorite of Coach Sullivan. Carter was never removed from the Penguins lineup last year, despite having the worst season of his professional career. Carter looked run down at times and was consistently a step behind when it came to both offense and defense. However, he was utilized in a third-line center role and probably shouldn’t have been. Carter could perform better when being deployed less often and in a more sheltered role. Given Sullivan’s affinity for Carter, it would take a lot to remove the 38-year-old from Pittsburgh’s lineup.

How the Penguins bottom six will look on opening night remains a mystery. But it should be one of the more exciting roster battles to see in the final week of training camp. The Penguins will have to expose a lot of players to waivers to trim down their roster and could lose some bodies to other teams depending on how things shake out.

Waivers: 09/28/23

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As training camps and the preseason continues, teams are trimming down their roster and getting closer to the final group of players they’ll bring into opening night. We’ll keep track of the names that hit the waiver wire here. Today’s list comes courtesy of CapFriendly.

Colorado Avalanche

F Callahan Burke

Pittsburgh Penguins

F Jonathan Gruden
F Rem Pitlick
D Ty Smith
D Taylor Fedun
D Xavier Ouellet

Vancouver Canucks

G Spencer Martin

Smith is the biggest name here is Smith. Smith was a 2018 first-round pick of the New Jersey Devils and became a star WHL blueliner for the Spokane Chiefs. He turned pro in 2020-21, scoring 23 points in 48 games. That performance landed him on the NHL’s All-Rookie team, as well as some down-ballot Calder Trophy votes.

The Devils dealt Smith and a third-round pick to the Penguins in exchange for John Marino, who went on to have a stellar 2022-23 season. Smith, on the other hand, played in only nine NHL game for the Penguins. He spent most of last season in the AHL, scoring 24 points in 39 games, and now the AHL is where he’ll be once again assuming he can clear waivers.

Given the promise Smith showed earlier in his career and his pedigree as a former top prospect, it would not be shocking whatsoever to see a team put a claim in on Smith, who is playing on a one-year, league-minimum cap-hit.

In terms of the other names on the waiver wire, Martin’s placement comes as no surprise after the Canucks’ acquisition of Casey DeSmith from the Montreal Canadiens. Martin posted a dreadful .871 save percentage in the NHL last season, but fared far better in the AHL. The Canucks will hope he’ll clear waivers so he can provide quality goaltending alongside prospect goalie Artūrs Šilovs in AHL Abbotsford.

Another recognizable name on the waiver wire is that of Rem Pitlick. Pitlick scored 37 points in 2021-22 on the Montreal Canadiens and Nashville Predators, but struggled in 2022-23. He was dealt to Pittsburgh by Montreal as part of the Erik Karlsson trade with the hope, from Pitlick’s perspective, that the Penguins would provide a solid change-of-scenery NHL opportunity.

He now finds himself on the waiver wire, though, and his $1.1MM cap hit could be a barrier towards another team putting in a claim. The versatile forward scored at an above-point-per-game rate in the AHL last season, and could end up an impact player for AHL Wilkes-Barre Scranton.

Photos courtesy of USA Today Sports Images

Can The Pittsburgh Penguins Actually Sign Tomas Tatar?

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There aren’t many impact unsigned free agents remaining at this point in the offseason, but one name of note is forward Tomas Tatar. Tatar has been linked to several teams, including the Buffalo Sabres as an inexpensive replacement for the injured Jack Quinn. One team that popped up in the rumor mill last week was the Pittsburgh Penguins. Rob Rossi of The Athletic wrote that the Penguins were keenly interested but it all came down to whether Tatar would get a guaranteed contract offer elsewhere as the Penguins appeared to be offering a PTO for training camp in Pittsburgh with the expectation of a contract after. But can the Penguins realistically fit in another contract for a player coming off a season in which he scored 20 goals and 28 assists in 82 games?

In most off-seasons, the answer to that question would be an emphatic no. But the summer of 2023 has been unlike any other offseason. Players like Blake Wheeler have signed for less than $1MM annually. Matt Duchene took a one-year contract for $3MM despite being a year removed from topping 80 points, and Tatar remains unsigned despite providing consistent secondary scoring.

But all of this doesn’t necessarily mean the answer is a resounding yes, the Penguins would need to do some cap gymnastics to fit Tatar into the sliver of room they have under the salary cap ceiling. Currently, the Penguins have just north of $220K, which is obviously well below the NHL minimum.

Penguins general manager Kyle Dubas has said previously that he would use waivers as a means of becoming cap compliant, and the Penguins have plenty of players who could be placed on waivers to open up room for Tatar. Alexander Nylander and Rem Pitlick are two players that could be exposed and sent to the AHL to open up the room, but would that be enough to sign Tatar? The answer is a giant unknown at this time, but as we inch closer to training camp it becomes more and more possible.

Dan Kingerski of Pittsburgh Hockey Now explored another idea in an article as he wondered if a potential Jeff Carter trade would be possible. The 38-year-old London, Ontario native is in the final year of his contract with a cap hit of $3.125MM and is coming off a season in which he scored just 13 goals and 16 assists in 79 games and looked lost at times both offensively and defensively. Kingerski provides options in the article, the most interesting of which would have the Penguins retain 50% of Carter’s contract and staple a second-round pick to him to facilitate a move. While this scenario seems possible, the biggest caveat to a potential deal would be Carter’s full no-movement clause. Given all these moving parts, it seems unlikely any contending team would have room to take on even half of Carter’s cap hit and even less likely that Carter would waive his no-move to make it happen. Kyle Dubas has worked one miracle this summer in moving out Jeff Petry and Mikael Granlund for Erik Karlsson, but can he make another one happen?

Much like the Karlsson situation it feels like the longer this drags out the likelier it becomes the player ends up with the Penguins. But to make it happen Tatar is going to have to take a massive pay cut and perhaps accept just a one-year contract. A far cry from the $3.3MM annually that Daily Faceoff projected he would get on a three-year deal when free agency opened.

Pittsburgh Penguins Acquire Erik Karlsson In Three-Team Deal

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The Erik Karlsson trade saga is finally over. The Pittsburgh Penguins have acquired the 2023 Norris Trophy winner from the San Jose Sharks, according to Daily Faceoff’s Frank Seravalli. Sportsnet’s Elliotte Friedman reports the Montreal Canadiens are involved in the trade to aid in salary considerations. Pittsburgh later officially announced the massive deal, which includes 12 parts and breaks down as follows:

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.

Sportsnet’s Eric Engels also believes Montreal is not Petry’s final destination. The Canadiens are likely to flip their former number-one defenseman before next season starts, potentially retaining up to 50 percent on his already reduced cap hit, making him cost just $2.34MM against the cap for his new team.

Pittsburgh has a net cap hit loss of $3.1MM in this trade, per CapFriendly. By doing so, they’ll likely be able to activate Jake Guentzel and his $6MM cap hit from LTIR when he’s ready to return to the ice in November without making any corresponding moves. CapFriendly projected Pittsburgh with $2.75MM in cap space, with Guentzel on LTIR to start the season.

Karlsson, 33, ended an up-and-down five-year stint with the Sharks on a high note. Despite playing on a bottom-five team in the league, Karlsson’s 101 points in 82 games were the most from a defenseman in a single season since Brian Leetch in 1991-92. Once viewed as the best defenseman in the NHL during his time with the Ottawa Senators in the mid-2010s, the Sharks acquired him in a blockbuster deal in 2018 and later extended him on a massive eight-year, $92MM contract, giving him the highest cap hit in the league among defensemen.

However, it was a decision that failed to pan out the way San Jose envisioned, as Karlsson struggled with injuries during most of his time in California. To make matters worse, the team around him also crumbled as the Sharks fell out of yearly playoff contention for the first time this millennium.

Pittsburgh hopes Karlsson’s turnaround last season has given him renewed confidence heading into the latter half of his contract – assuming his recent injury history doesn’t come back to bite him. 2022-23 was the first time Karlsson had played in 70-plus games since 2017-18, his last season with the Senators.

Many will be concerned with Karlsson’s defensive misgivings, but some slightly reduced ice time in Pittsburgh should lessen his negative impact on the team’s goals-against total. Likely to slot in on the team’s second pairing behind Kris Letang, Karlsson should be paired with either Marcus Pettersson or free-agent acquisition Ryan Graves on the left side, both players with strong defensive reputations. Advanced metrics peg Pettersson near the top of the league in terms of his individual even strength defensive impact.

Pitlick could be an under-the-radar add for Pittsburgh in this deal from Montreal. While he’s far from being a long-term fixture, he is on the younger side (in Pittsburgh, at least) at 26 years old and will add some higher-upside depth scoring to a Penguins lineup that needs it, especially with Guentzel on the shelf to start the year. In 2021-22, Pitlick notched 15 goals, 22 assists and 37 points in 66 games split between the Canadiens and Minnesota Wild. He’s struggled to develop an all-around game at the NHL level, though, and he’s more of a finishing and playmaking specialist than anything else. His overall play-driving impacts are poor, and it led to Montreal stashing him in the minors for a fair bit of last season. There, he registered 22 points in 18 games with the AHL’s Laval Rocket.

Hamaliuk, 22, once had a fair bit of upside – after all, San Jose thought he warranted a second-round selection in the 2019 NHL Draft. Injuries and middling performance since turning pro have wiped out nearly all of his stock, though. He played in just six games last season, all in the ECHL with the Wichita Thunder, although he did look good in limited action with seven points. The Penguins will likely watch him closely in the minors with the AHL’s Wilkes-Barre/Scranton Penguins next season to see if he can recapture some of his former potential.

For the Sharks, trading Karlsson while only retaining $1.5MM is a solid bit of work for general manager Mike Grier. However, the return is rather underwhelming – a likely mid-first-round pick and a trio of depth NHL assets that won’t amount to much value for a rebuilding team. They’ve essentially taken on two bad contracts and a depth defender to rid themselves of long-term financial pain, as despite his elite skill, Karlsson absolutely did not factor into the franchise’s long-term plans post-rebuild.

The trade does provide a fresh start for Granlund, a former top-six fixture who struggled mightily after heading to the Penguins from the Nashville Predators at last year’s trade deadline (just five points in 21 games). He is just one campaign removed from a 64-point season, however, and although his possession metrics are quite poor, he does still carry a fair amount of raw skill that could see him once again elevate into a top-six role on a weak Sharks team, potentially playing alongside Alexander Barabanov and Logan Couture. With two seasons left at a $5MM cap hit, the Sharks could look to flip him at the 2024 trade deadline if he has a strong season, likely with significant salary retention. However, as CapFriendly notes, San Jose has just one of their three salary retention slots remaining for the next two seasons after also retaining salary on Brent Burns when they traded him to the Carolina Hurricanes last summer. In total, the Sharks are left with $7.745MM in dead cap space this year after the two salary retentions, plus the buyouts of goalie Martin Jones and forward Rudolfs Balcers.

Rutta is under contract at $2.75MM for two more seasons, and he’ll likely give the Sharks a fair amount of value. The two-time Stanley Cup champion with the Tampa Bay Lightning could very well step into a top-four role for the Sharks, who will likely roll three pairings by committee this season in the absence of a clear number-one defender. Rutta recorded nine points in 56 games for the Penguins last season, his only season in the Steel City while averaging 17:07 of ice time per game. Pittsburgh signed the 33-year-old to a three-year, $8.25MM contract in free agency last summer.

Clearing Hoffman’s $4.5MM cap hit for this season off the books is a solid bit of business for the Canadiens, who were rumored to be considering waiving Hoffman ahead of next season and assigning him to the AHL’s Laval Rocket. There’s no guarantee he’ll be able to escape the same fate with San Jose, however. The Sharks will undoubtedly prioritize roster spots for younger wingers like William Eklund, Filip Zadina and Fabian Zetterlund, leaving Hoffman without a clear place among the Sharks’ top 12 forwards. Now 33, Hoffman did manage 14 goals and 34 points in 67 games for Montreal last year, but he ranks among the worst play-driving forwards in the league and is solely a power-play specialist at this stage in his career. Some will remember this is technically Hoffman’s second stint as a member of the Sharks organization – San Jose acquired him from Ottawa for a few hours in 2018 before flipping him to the Florida Panthers.

Now, moving on to Montreal, who became an unexpected major player in this deal. Petry may not remain with his former team, as mentioned earlier, and DeSmith may not either. He’s a puzzling addition for a team that already has Sam Montembeault and Jake Allen manning the crease, although Pittsburgh did need to move out a goalie after signing Alex Nedeljkovic in free agency, giving them three NHL goalies on their roster. However, Montreal now faces the same predicament, and DeSmith is unlikely to supersede Allen or Montembeault on the team’s depth chart. If they don’t flip him to another team looking for a backup netminder, DeSmith could be waived to start the season and end up with Laval. He started a career-high 33 games for Pittsburgh last season, and the 31-year-old recorded a 15-16-4 record, .905 save percentage, and no shutouts.

Legare is a depth addition who will suit up for Laval next season. The 22-year-old third-round pick of the Penguins in 2019 is still finding his footing in the minors. Last season, he posted eight goals, 11 assists and 19 points in 68 games with AHL Wilkes-Barre/Scranton.

Photo courtesy of USA Today Sports Images.

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