Metropolitan Notes: Karlsson, Islanders, Ashton

Erik Karlsson’s tenure with Pittsburgh has been a bit underwhelming, to say the least.  While he has eclipsed 50 points in each of his first two years, his totals pale in comparison to the 101 he had in 2022-23 with San Jose.  In a recent 32 Thoughts podcast (audio link), Sportsnet’s Elliotte Friedman mused that once Karlsson’s signing bonus gets paid (July 1st is the payment date for most but not all), the 34-year-old will be more of a realistic trade target.  At that point, he’ll be down to just $11.5MM in cash owed over the final two years of the contract, a chunk of which the Sharks will be picking up.  If the Penguins are willing to retain further, they might find a relatively decent trade market for his services, especially among some of the lower-spending teams who might find extra value in having an AAV higher than cash owed.

More from the Metropolitan:

• Ethan Sears of the New York Post provides (subscription link) an overview of some questions the Islanders now face in the wake of Lou Lamoriello not getting his contract renewed. Chief among them is the fate of contract extension talks between the club and pending UFA winger Kyle Palmieri.  It looked as if a new deal was a matter of when, not if, but if the new GM wants to go a different direction, that could now be off the table.  Sears also flags the handling of Noah Dobson’s next contract as a key question.  While Lamoriello didn’t seem to view the pending RFA as a number one defender, his numbers suggest he’s about to be paid like one.  Does the new GM want to hand out a max-term contract or look for something shorter-term that might come in a little cheaper?
• Blue Jackets prospect Luke Ashton has transferred to Cornell for next season, relays Brad Elliott Schlossmann of the Grand Forks Herald (Twitter link). The 20-year-old blueliner was a sixth-round pick last year after a strong offensive season with BCHL Langley that saw him tally 18 goals.  However, he only managed five goals along with eight assists with Minnesota State (Mankato), resulting in Ashton deciding to look for a change of scenery.  He is now one of three NHL-drafted blueliners on the Big Red.