Penguins Recall Melvin Ferstrom From Loan, Assign To AHL
The Pittsburgh Penguins have opted for a change of scenery for a recent acquisition. Forward Melvin Fernstrom has been recalled from his loan to the SHL’s Orebro HK and assigned to the AHL, per a team release from Orebro and Tony Androckitis of Inside AHL Hockey.
Fernstrom had recently been assigned from the SHL to AIK of the HockeyAllsvenskan, Sweden’s second-tier league. He grew up playing in AIK’s youth hockey program before shifting to Orebro, and debuting with their U18 squad, at the age of 15. Now, Fernstrom will change teams once more, before he has a chance to debut with AIK’s top club.
Fernstrom racked up three goals, four points, and a minus-10 in 36 appearances with Orebro’s SHL lineup. This was his second season in the top league, after posting 17 points and a minus-10 in 48 games as a rookie last year. He settled into a third-line role this season and often faced a barrage of shots against on an Orebro club that’s allowed the fourth-most goals-against in the SHL. Fernstrom’s impact was often limited to shutting play down on one end and creating fastbreak chances on the other – though that posed an uphill battle for the pass-first center.
He was lauded ahead of the 2024 NHL Draft as a nimble playmaker capable of controlling the middle of the ice. That claim was enough to convince the Vancouver Canucks to draft Fernstrom in the third round, though his rights were traded in a package to Pittsburgh in exchange for Marcus Pettersson and Drew O’Connor last year. The Penguins signed Fernstrom to his entry-level contract this summer and will now take advantage of the AHL elgibility it grants him.
The Wilkes-Barre/Scranton Penguins currently rank second in the AHL’s Atlantic Division. They are tied for the fifth-most goals in the league, largely thanks to hot performances from Penguins prospects Tristan Broz and Avery Hayes. Fernstrom will add a responsible, two-way touch to shore up Wilkes-Barre/Scranton’s center depth. He is likely to be eased into the lineup and sits on the outside of NHL hopes this season, pending a quick breakout in North American minors.
The Penguins’ Evgeni Malkin Dilemma
If you’ve been checking the NHL’s Eastern Conference standings, you’ll notice a surprising team near the top of the Metropolitan Division. The Penguins, who entered the season as a first-overall pick favorite, have shocked everyone by remaining in the hunt to this point in the season.
Your eyes aren’t deceiving you; the Penguins have been that good this year, despite a disastrous stretch in December that saw them drop nine of 10 games and blow multiple three-goal third-period leads. But with every Penguins win, it becomes clearer that many of the veterans on the trading block will be sticking around for this year and perhaps beyond.
One of those veterans is 39-year-old Evgeni Malkin, who at the start of this year seemed like a potential trade candidate, or at the very least, a player who wouldn’t play in Pittsburgh beyond the 2025-26 season. With the Penguins in the hunt, young prospects turning to NHLers, the team holding onto other veterans, and Malkin turning back the clock, is it possible the Penguins offer Malkin an extension to stick around beyond this season?
The Blake Lizotte signing last week reveals a lot about where the Penguins’ general manager, Kyle Dubas, feels the team is right now. If he thought the team wasn’t a playoff team this year, he likely would’ve been working the phones to move the depth center for picks or prospects, as he has been collecting those types of pieces for the better part of two years.
But Lizotte’s extension signals a change in philosophy, sort of. Dubas has been a bargain shopper for the last two summers, and even though Lizotte received a raise in his new deal, it could turn out to be a bargain if he plays the way he has this season.
That leads us back to Malkin. When Dubas spoke about the future Hall of Famer before this season, he likely believed he would be selling off assets towards the trade deadline and overseeing the third and possibly final year of the Penguins’ retool.
But the team and Malkin have surprised everyone thus far, and as the Penguins play more hockey, it becomes increasingly clear that Malkin can still produce. Just look at the ten-game stretch in December when they couldn’t buy a win.
Who wasn’t in their lineup for that? Malkin.
Malkin returned to the Penguins lineup on Jan. 8 and made an immediate impact, scoring a power-play marker on a one-timer from Sidney Crosby. He missed over a month with a shoulder injury, and Pittsburgh badly missed him on their second line.
His return didn’t exactly spark the team, as they had won five in a row leading up to it, but he certainly didn’t hurt, and Pittsburgh has gone 4-2-2 since he’s come back.
Then there’s also the optics of signing Malkin. With Kris Letang and Crosby still in the fold, signing ‘Geno’ would mean the big three playing another season together in their record-setting run, which would surely be a feel-good story, especially if more young Penguins graduate to the NHL and make an impact.
Pittsburgh could see Rutger McGroarty, Harrison Brunicke, Sergey Murashov, and Tristan Broz all jump to the NHL next season, which would be a massive youth movement for the team.
With these young pieces mixed in with Pittsburgh’s big three, as well as Erik Karlsson, Bryan Rust, Rickard Rakell, and Thomas Novak, there is the potential to make some noise in the Eastern Conference. Especially for a team that is armed with over $50MM in available cap space and an army surplus store full of draft picks in the subsequent three drafts.
The last time the Penguins had this level of youth in their pipeline was 2015, when Rust, Matt Murray, Conor Sheary, Tom Kuhnhackl, Scott Wilson, and eventually Jake Guentzel all jumped to the NHL, and Pittsburgh won back-to-back Stanley Cups. That’s not to say Pittsburgh is on the verge of a mini-dynasty in the twilight years of Malkin’s career.
Still, if they are on the verge of being competitive at all, which it looks like they could be, Malkin deserves to stick around with his buddies, especially if he can contribute rather than just partake in a nostalgia tour.
So, what should the Penguins do with one of the most beloved Penguins ever? It feels like it’s time to sign him to an extension.
Pittsburgh has the cap space, Malkin isn’t going to ask for the moon, and there really isn’t a Malkin replacement available in free agency. He also doesn’t need to be a center at this stage of his career and is quite competent on the wing, as he showed last season playing alongside Crosby on the top line.
It was reported last summer by Penguins play-by-play voice Josh Getzoff that Pittsburgh GM Kyle Dubas planned to meet with Malkin during the Olympic break, and as of right now, that appears to be the plan. But what could a Malkin deal look like?
It could be pretty straightforward. Take the framework of the Jonathan Toews contract with the Winnipeg Jets this season and perhaps double the guarantee.
Would that get it done? Hard to say, but according to Josh Yohe of The Athletic, Malkin is willing to take a pay cut and a one-year deal.
Pittsburgh gets a top-six forward, Malkin adds to his legacy, and Pittsburgh avoids painting itself into a long-term predicament, remaining fluid for future moves. Everybody wins, especially the fans in Pittsburgh and, most importantly, Malkin’s teammates, including Crosby.
Pittsburgh Penguins Activate Erik Karlsson
According to a team announcement, the Pittsburgh Penguins have activated defenseman Erik Karlsson from the injured reserve. In a corresponding roster move, the Penguins have placed defenseman Ryan Graves on the injured reserve.
Pittsburgh will have their highest-scoring defenseman back in the lineup tonight against the Edmonton Oilers. Karlsson, 35, has been sidelined the last nine days with an undisclosed injury and has returned somewhat earlier than expected.
In a resurgent year, the former Norris Trophy winner has registered four goals and 33 points in 44 games for the Penguins this season. He’s led all defensemen in Pittsburgh in ATOI with a 23:46 mark.
He has played a crucial role in the Penguins’ surprising return to contention this season. Not only is Karlsson 20 points away from matching his point totals from last season, but he’s managed a robust 54.3% CorsiFor% at even strength. Despite his 88.6% on-ice SV% being below what most teams would expect from their top defenseman, it’s an improvement from where Karlsson was at as recently as last year.
It couldn’t have come at a better time for the player or team, either. Being the subject of trade speculation throughout Pittsburgh’s retool, a resurgent year from Karlsson has put the Penguins in a better spot regarding his future. The team may be more comfortable retaining Karlsson, given his strong play this season, or have better luck trading him now that interested parties may be more inclined to acquire him.
Meanwhile, Graves will head to the injured reserve after initially being recalled to replace Karlsson’s spot on the active roster. Assuming the rest of the defensive core can remain healthy, Graves will likely be reassigned to the AHL’s Wilkes-Barre/Scranton Penguins upon his activation. He cleared waivers at the end of December and hasn’t met the requirements to need waivers again.
Infamously signed through the 2028-29 season at a $4.5MM cap hit, Graves has been scarcely used by the Penguins this season. Serving in a depth role, he’s registered one goal in 19 games while averaging 15:29 of ice time per game. Playing in the AHL for the first time since the 2018-19 season, Graves has recorded two goals and nine points in 13 contests.
Latest On Kris Letang
Pittsburgh Penguins fixture Kris Letang is absent tonight in Calgary as reported by Josh Yohe, Penguins Beat Writer.
Evgeni Malkin Wants To Remain With Penguins
Back in June, a report from Josh Yohe of The Athletic indicated that the Pittsburgh Penguins had little interest in extending franchise icon Evgeni Malkin beyond the 2025-26 campaign. Additionally, Pittsburgh’s play-by-play voice, Josh Getzoff, shared that General Manager Kyle Dubas would meet with Malkin during the Olympic Break to discuss his future.
In a new update from Yohe, that remains the plan from the Penguins’ perspective. Yohe indicated that Malkin wants to sign a one-year extension in Pittsburgh, is willing to take a paycut on his current salary, and doesn’t want to play anywhere, regardless of whether it’s with a playoff contender or not.
He’s turned back the clock this season, scoring 10 goals and 35 points in 33 games — already 15 points away from matching last year’s totals. Additionally, in an unexpected fashion, the Penguins are remarkably competitive this season, currently in a divisional playoff spot in the Metropolitan.
Penguins Interested In Signing Ryan Shea To Extension
The Pittsburgh Penguins have had a better season than most expected of them in 2025-26, and it’s been elevated contributions from players throughout the lineup that have powered them to this point. (Alongside to-be-expected star-level performances from players such as Sidney Crosby.) One player who has meaningfully improved his NHL stock as a Penguin is defenseman Ryan Shea. The Athletic’s Josh Yohe wrote yesterday that “the Penguins would like to keep [Shea] around,” and that he is a real candidate to receive a contract extension that keeps him from hitting the open market as a UFA this upcoming summer.
Shea is a textbook illustration of one of Penguins GM Kyle Dubas’ standout traits — his ability to work the margins of NHL rosters to uncover quality players, players he can acquire for very little and hand over to his coaching staff, who promptly turn them into legitimate NHLers. Dubas signed Shea to a one-year, league-minimum deal in 2023, handing the player a one-way contract despite him having zero NHL experience to that point. Shea rewarded Dubas with 31 NHL games played in his first year in Pittsburgh, and this season he’s emerged as a full-time NHLer. He’s scored 16 points in 48 games and is averaging 18:57 time on ice per game, including 2:07 on the penalty kill. Given how he’s earned head coach Dan Muse’s trust as a defensive defenseman, it’s no surprise Pittsburgh appears to want to keep him from hitting the open market as a UFA.
Penguins’ Kris Letang Day-To-Day With Upper-Body Injury
The Pittsburgh Penguins will be without both of their star defensemen for the short-term. After facing an injury to Erik Karlsson, the Penguins have announced that Kris Letang is out day-to-day with an upper-body injury. Letang missed practice on Tuesday and will be questionable for Wednesday’s game against the Calgary Flames.
It is not clear when Letang’s injury occured. He played 22 minutes of ice time and recorded a plus-three in Monday’s win over the Seattle Kraken. The Penguins still have three games on their road trip through the Pacific Northwest before returning home to host the Chicago Blackhawks on January 29th.
Letang has filled a major role in the lineup since Karlsson’s injury, averaging more than 24 minutes of ice time in the last four games. He has recorded three assists in that stretch, bringing his season scoring up to 25 points in 48 games. Even in his age-38 season, Letang has continued to answer the bell as a top offensive-defenseman for the Penguins. His role will be impossible to replace, particularly so for a Penguins blue-line that hasn’t been known for depth in recent years.
Ryan Shea seems set to benefit most from the extra minutes. He recorded 20:14 in ice time on Monday, marking his 15th game this season with more than 20 minutes of ice time. In Letang’s absence, Shea – a left-handed defender who has played on the right-hand side – could assume top-pair duties next to Brett Kulak.
That shift will bring right-defenseman Jack St. Ivany down from the press box. St. Ivany has scored three assist in 14 games this season. His plus-three ranks third on the blue-line, behind Shea (plus-14) and Letang (plus-five). Pittsburgh also has left-defenseman Ilya Solovyov on the active roster.
Avalanche, Penguins Swap Ilya Solovyov, Valtteri Puustinen
The Colorado Avalanche and Pittsburgh Penguins have rearranged some of their depth pieces. According to an announcement from the Penguins, the Avalanche have traded defenseman Ilya Solovyov to Pittsburgh for forward Valtteri Puustinen and a 2026 seventh-round pick.
Solovyov, 26, will see his tenure in Colorado end after half a season. He was claimed off waivers before the regular season from the Calgary Flames to serve as the team’s seventh defenseman. The Mogilev, Belarus native was coming off a promising season in the AHL, scoring six goals and 28 points in 59 games for the Calgary Wranglers.
As the team’s seventh defenseman, and without any significant injuries to Colorado’s defensive core, Solovyov didn’t earn much playing time through his first few months with the team. At the end of November, Solovyov had only appeared in nine games for the Avalanche, going scoreless with a -4 rating while averaging 12:33 of ice time.
The Avalanche briefly sent Solovyov back to the AHL on a conditioning loan, simply to allow him more ice time. Since the calendar flipped to 2026, and likely to showcase his playing style to interested teams, Solovyov played in seven games with Colorado, scoring one goal and three points, with a +3 rating.
Meanwhile, Puustinen will move to Colorado after nearly five years with the Penguins organization. He, like Solovyov, was drafted in the seventh round of the NHL Draft, albeit a year earlier. He’s been a remarkably consistent scorer at the AHL level, tallying 72 goals and 175 points in 252 games with the Wilkes-Barre/Scranton Penguins.
Unlike Solovyov, Puustinen has already had a fairly promising NHL campaign under his belt. During the 2023-24 season, Puustinen earned an extended look in the sport’s highest league, scoring five goals and 20 points in 52 games with the Penguins, averaging 11:45 of ice time per game. Additionally, his possession metrics were solid, finishing with a 52.3% CorsiFor% and 91.9% on-ice SV% at even strength.
Given his offensive talent, Pittsburgh’s treatment of Puustinen the last few years has been perplexing. The team has had a top-down mandate to get younger, but apparently were not willing to give Puustinen another opportunity at the NHL level. The Penguins went as far as to place Puustinen on waivers last season, though he went unclaimed at the time.
Nonetheless, the trade won’t significantly alter the complexity of either team for now. Solovyov will take Joona Koppanen‘s spot on the roster for the time being, who the Penguins reassigned earlier today. Meanwhile, the Avalanche are expected to make another recall on the blue line, given that they are down to five healthy defensemen.
Karlsson Returns To Practice
- Penguins defenseman Erik Karlsson returned to practice today in a non-contact capacity, relays Seth Rorabaugh of the Pittsburgh Tribune-Review. The 35-year-old has missed the last week with an undisclosed injury. While there is no change to his day-to-day status, Karlsson will accompany the team on their upcoming four-game road trip. Through 44 games this season, he has three goals and 30 assists and is averaging a little under 24 minutes of playing time.
Penguins Activate, Reassign Rutger McGroarty, Recall Joona Koppanen
The Pittsburgh Penguins announced today that forward Joona Koppanen has been recalled from the club’s AHL affiliate, the Wilkes-Barre/Scranton Penguins. In a corresponding move, the club activated forward Rutger McGroarty off injured reserve and reassigned him to the AHL.
McGroarty has been sidelined since Jan. 3 with a concussion. This reassignment allows McGroarty to build back up to NHL readiness at the AHL level after missing seven games. The 21-year-old began the year in Wilkes-Barre/Scranton, scoring seven points in just five games. That performance, likely coupled with the fact that he’s widely considered one of the team’s top prospects, landed McGroarty a spot on the team’s NHL roster.
Before his injury, McGroarty had managed to dress for a total of 16 NHL contests this season. Averaging 12:13 time on ice per game without much special teams usage to speak of, McGroarty only managed three points.
As a prospect, the most significant question mark surrounding McGroarty was his skating. The Athletic’s Corey Pronman classified McGroarty’s foot speed as “mediocre,” while David St-Louis of Elite Prospects wrote that McGroarty could become a quality middle-six NHLer if he could further develop his skating stride.
While McGroarty is widely credited with having improved his skating over the course of his time in the Penguins organization, the pace of NHL hockey proved to be a steep challenge for him during his 16 games of action so far this season. As a result, he has thus far been unable to translate his offensive production from the AHL level to the NHL, even as other positive qualities in his game have begun to surface.
Not only does reassigning McGroarty to the AHL give him a chance to ramp up from his injury recovery in a lower-pressure environment, it also gives him the chance to build up some confidence as a scorer. While the Penguins have not indicated any clear timeline for McGroarty’s return to the NHL level, it would be a surprise to see him with the AHL Penguins for an extended period.
Benefiting from McGroarty’s reassignment is Koppanen, who returns to the NHL roster after almost two months in the AHL. The 27-year-old last played in the NHL on Nov. 29, skating 13:28 in a tough 7-2 loss to the Toronto Maple Leafs. He’s played in 10 games this season, registering one assist on 12:28 time on ice per game.
While it’s possible Koppanen’s recall lasts only as long as it takes for McGroarty to return to the NHL, this transaction is nonetheless a significant opportunity for the winger to gain some NHL experience in advance of his unrestricted free agency in the summer.
Earlier in the season, The Athletic’s Josh Yohe wrote that Koppanen “isn’t an NHL player.” He hasn’t gotten into an NHL game since that point. The key for Koppanen to flip that narrative and earn both an extended stint in the NHL and a one-way NHL contract for next season (he’s playing this year on a two-way deal with a $475K AHL salary) will be to bring a consistent defensive and physical element to the table on a shift-by-shift basis.
Koppanen stands 6’5″ and already got some time on the penalty kill in his last NHL stint. He has all the tools necessary to be an impactful fourth-line role player, and now this recall gives him another opportunity to show he can translate those tools into meaningful on-ice value.
As a pending UFA, every strong NHL game he can add to his résumé could make a difference in the summer, so how he performs in this newfound opportunity will be interesting to monitor in Pittsburgh’s next few games.