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Penguins Notes: Karlsson, Guentzel, O’Connor

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Josh Yohe of The Athletic writes that all is quiet on the Erik Karlsson trade talks, but the Pittsburgh Penguins remain very interested in the reigning Norris Trophy winner. Yohe doesn’t know whether a deal will materialize quickly or if it could drag out all summer, but Mark Madden has one theory on the matter that Tim Benz writes about in the Pittsburgh Tribute-Review. Madden says that his sources have told him that the San Jose Sharks have the Penguins and the Carolina Hurricanes’ best offers and everyone is in a holding pattern to see if the Sharks will crack and take one of the deals.

Kyle Dubas and the Penguins would clearly love to complete a deal, but they do have a reasonably good top-4 defensive group should they miss out on landing Karlsson. While trading for Karlsson would dramatically improve the Penguins offense, they do have a good fallback option should he end up elsewhere. At the moment, Pittsburgh has Jeff Petry penciled in on the right side of their second pairing, and while he didn’t play up to his $6.25MM cap hit last year, his pairing with Marcus Pettersson was quite good.

In other Penguins notes:

  • Yohe writes in The Athletic that the Penguins and pending unrestricted free agent forward Jake Guentzel have had no talks on a contract extension for the two-time 40-goal scorer. Yohe doesn’t find this surprising given that acting Penguins general manager Kyle Dubas has been busy taking care of other business and adds that he and Guentzel’s agent have a good working relationship. Yohe’s sense is that the Penguins’ veteran players want Guentzel in the fold long-term, and he figures that the two sides will come to an agreement on an extension in the not-too-distant future. Guentzel has scored 76 goals in the past two seasons and has been the most productive winger that Sidney Crosby has played with, however, he is small in stature and will be 30 years old by the time his next contract kicks in. He will also be looking to cash in on what is likely to be the last lucrative long-term deal he will sign.
  • Dan Kingerski of Pittsburgh Hockey Now wonders if the outcome of restricted free agent Drew O’Connor’s contract negotiations is tied to the Penguins’ desire to facilitate a trade for a defenseman. O’Connor filed for arbitration a few weeks ago meaning that once his case is settled or he re-signs it will open a second buyout window for the Penguins. Pittsburgh currently sits over the salary cap even with O’Connor unsigned but could buyout one of their undesirable contracts to create space once O’Connor puts pen to paper. The 25-year-old isn’t expected to demand much of a cap hit as he posted just five goals and six assists in 46 games last season and spent a good chunk of the year in the AHL, however, the days after he signs his next deal could send shockwaves through the NHL.

Penguins Re-Sign Ty Smith

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The Penguins have taken care of one of their restricted free agents, announcing the re-signing of defenseman Ty Smith to a one-year contract.  It’s a one-way agreement worth the NHL minimum of $775K meaning that the blueliner took less than his qualifying offer to get a guaranteed salary.

Smith’s stock certainly dipped last season.  After being a regular with New Jersey in 2021-22, he was moved to Pittsburgh last summer in the John Marino trade.  However, he was still waiver-exempt last season, resulting in him spending most of the year in the minors with AHL Wilkes-Barre/Scranton.

The 23-year-old played in 39 contests in the minors in 2022-23, picking up seven goals and 17 assists.  It was his first taste of AHL action as he had exclusively been on New Jersey’s roster in his first two professional seasons.  Smith did get into nine games with Pittsburgh where he was relatively productive with a goal and three assists while logging over 20 minutes a night.

Now waiver-eligible, Smith should be a full-timer on Pittsburgh’s roster for the upcoming season as it’s quite unlikely that he would get through waivers.  However, with six regulars returning plus the addition of Ryan Graves, locking down a full-time spot in the lineup could be a challenge for Smith early on.

The Penguins have three remaining restricted free agents although two of those (Filip Lindberg and Filip Hallander) have already signed overseas.  The other one is forward Drew O’Connor whose salary arbitration hearing is scheduled for August 4th.

Pittsburgh Penguins Extend Jonathan Gruden

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The Pittsburgh Penguins have made their second signing of the day, locking in forward Jonathan Gruden for the upcoming season by re-signing him to a one-year contract extension. The two-way deal keeps the restricted free agent in the Penguins organization for 2023-24 with a $775K cap hit; PuckPedia reports his AHL compensation will be $100K.

The son of new Toronto Marlies head coach and former NHLer John Gruden, the 23-year-old winger was originally a fourth-round pick of the Ottawa Senators in the 2018 NHL Draft. Gruden’s signing rights were dealt to the Penguins as part of the trade return for goalie Matt Murray in October 2020.

A versatile two-way winger, Gruden had a strong development season with the AHL’s Wilkes-Barre/Scranton Penguins in 2022-23, registering 16 goals and 15 assists in 54 games. He worked his way up the Penguins’ depth chart to be one of their top call-up options, making his NHL debut for Pittsburgh this January and playing a fourth-line role for three games.

Gruden won’t be on the Penguins’ NHL roster to start the season, but he is set to reprise a top-six role in the minors in 2023-24. The Michigan-born winger will be a restricted free agent with arbitration rights next offseason.

Pittsburgh Penguins Sign Emil Pieniniemi

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The Pittsburgh Penguins announced today that they’ve signed defense prospect Emil Pieniniemi to a three-year, entry-level contract, which PuckPedia reports carries an NHL salary of $775K, a signing bonus of $95K, a games-played bonus of $80K, and a minors salary of $82.5K in all three seasons. The contract carries a cap hit of $870K.

The 18-year-old Finn was Pittsburgh’s third-round pick in this year’s draft at 91st overall. He’s the first player taken outside of the first two rounds to sign his entry-level contract.

Pieniniemi did go a bit earlier in the draft than some thought, as most public scouts had him pegged as a fifth- or sixth-round pick. It’s obvious the Penguins believe in Pieniniemi’s defensive upside, which he showed as the hallmark of his game while playing in the Finnish U-20 circuit last season.

He does carry a prototypical frame for a defender that NHL teams desire at 6-foot-2, although he still needs to grow into it a little more before he’s pro-ready. His game revolves around his physicality and how he uses it to shut down the other team’s attack, with Elite Prospects describing his defensive style as “pinching aggressively and gapping up early, guiding opponents towards the boards before engaging physically.”

That’s not to say he’s an offensive liability – he did show the possibility of being an adept puck-moving defender at the pro level. Playing for Karpat in the top Finnish junior league, Pieniniemi tallied 13 points in 31 games and made his professional debut in the Liiga, dressing for one game with Karpat in December 2022 but not seeing any ice time.

Pittsburgh will likely loan Pieniniemi back to Karpat for the 2023-24 season, which will result in his entry-level contract sliding to start in 2024-25.

 

Snapshots: Constantine, Jarry, Tulsa Oilers

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Kevin Constantine, a former NHL head coach who served as bench boss for the Pittsburgh Penguins, San Jose Sharks, and New Jersey Devils has been hired as the next head coach of the WHL’s Wenatchee Wild. The 64-year-old American has worked behind the bench of WHL teams before, with a combined eight seasons of experience in the league across two stints with the Everett Silvertips.

Constantine reached the WHL Finals in 2003-04, and since his last stint with the Silvertips ended after 2016-17 he’s had quite the coaching journey. Constantine has coached in South Korea, Poland, and has most recently served as head coach for Fehervar AV19 in the ICEHL and as Hungary’s head coach at the 2023 IIHF Men’s World Championships. Constantine will coach a Wild team stocked with some high-end NHL prospects, including three NHL first-round picks: Matthew Savoie, Conor Geekie, and Zach Benson.

Some other notes from across the hockey world:

  • Penguins netminder Tristan Jarry told the media today that he’s feeling “100% right now” in terms of his health. Jarry, 28, recently signed a major five-year, $5.375MM AAV contract extension to remain the Penguins’ number-one netminder for what will likely be the rest of Sidney Crosby, Evgeni Malkin, and Kris Letang’s playing days. Given the significant investment the Penguins have made in Jarry’s future, his health is of the utmost importance to the entire organization. Jarry has struggled with injuries in recent seasons, so hearing from him that he’s feeling recovered and at his full capacity is encouraging news for the Penguins’ hopes of competing next season.
  • The Anaheim Ducks have announced that they’ve extended their affiliation agreement with the ECHL’s Tulsa Oilers, extending a developmental and business relationship that began in 2020. While it’s not entirely common to see teams utilize ECHL affiliates to develop premier prospects, the option to develop a player in North America’s third-tier league is still a valuable one to have. The Detroit Red Wings utilized their ECHL affiliate to develop 2021 15th overall pick Sebastian Cossa, and now by extending this affiliation agreement the Ducks have secured their ability to elect a similar path for their own prospects moving forward.

Latest On Penguins, Erik Karlsson

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Last week, we covered growing rumors that the Pittsburgh Penguins were pursuing a trade for San Jose Sharks defenseman Erik Karlsson, the 2023 Norris Trophy winner. Today, The Athletic’s Josh Yohe reported some new details on the Penguins’ Karlsson chase, writing “the Penguins were extremely close to landing Karlsson on July 1” and that “a deal was close to being completed that morning.” (subscription link) It’s long been speculated that a third team would be necessary for the Penguins to be able to absorb Karlsson’s cap hit, so it’s possible that this reported deal fell through due to cap-related considerations.

Given just how difficult moving money between teams has been due to the flat-cap environment, it’s no surprise Karlsson remains on the Sharks’ roster nearly two full weeks after that deal was nearly completed. What Yohe’s report indicates, though, is that the Penguins are earnest in their efforts to acquire Karlsson and that the possibility he joins Kris Letang and Ryan Graves on Pittsburgh’s blueline is more realistic than some might think.

Pittsburgh Penguins Sign Andreas Johnsson

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Continuing to add to their forward core, the Pittsburgh Penguins have announced they have agreed to a one-year, $800K contract with Andreas Johnsson. Johnsson most recently played for the San Jose Sharks after a trade deadline deal with the New Jersey Devils.

Included in the deal to land the Devils Timo Meier, Johnsson is ready for a bounce-back year. Severely limited in playing time under head coach Lindy Ruff during the 2022-23 NHL season, Johnsson only managed to play in 13 games last year, mostly for the Sharks and tallied three points (all assists) in total. A true-to-fashion change of scenery candidate, Johnsson will be looking to find his game in Pittsburgh.

Not so long ago, Johnsson was projected to be a regular top-six forward. During the 2018-19 season, Johnsson scored 43 points for the Toronto Maple Leafs in 73 games, incredibly only averaging just under 14 minutes of ice time per night. Unfortunately for Johnsson, as his ice time increased, his production took a dive. Just over one year later, the Maple Leafs would trade him to the Devils for depth forward, Joey Anderson.

Johnsson has shown flashes during his time in New Jersey and his time in Toronto as being a particularly above-average forward on the defensive side of the puck, and he will most certainly need to recapture that in Pittsburgh. By their current roster construction, Johnsson will most likely feature in the team’s bottom six, where defensive responsibility will be just as important as his offensive upside.

Pittsburgh Penguins Sign Vinnie Hinostroza

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The Pittsburgh Penguins announced that the team had added forward Vinnie Hinostroza to a one-year deal for the 2023-24 NHL season. The contract will pay Hinostroza the league minimum, $775K over one year.

This will be Hinostroza’s fifth team in his career, having spent parts of eight years with the Chicago Blackhawks, Arizona Coyotes, Florida Panthers, and Buffalo Sabres. Hinostroza’s best year came back in the 2018-19 season, scoring 39 points in 72 games for the Coyotes. Now joining a team in dire need of forward depth in the bottom six, Hinostroza could certainly add some value to the Penguins’ lineup.

If Hinostroza is unable to crack Pittsburgh’s lineup by the start of the season, he will be an even greater addition to their AHL affiliate, the Wilkes-Barre/Scranton Penguins. Last season, the baby Penguins had quite a fall, going 26-32-8-6, falling well short of the playoffs in the Atlantic Division. Even worse for them, they were only one of three teams in the AHL last season not to record at least 200 goals as a team.

Even being a little undersized standing below six feet tall, Hinostroza has 120 games played at the AHL level, scoring 35 goals and 56 assists. Although most of those games came at the beginning of his career, Hinostroza’s skill and style of play should benefit the Penguins organization no matter what level he plays at.

David Pagnotta of The Fourth Period was the first to report that the Penguins had signed Hinostroza. 

Latest On Erik Karlsson Trade Talks

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Sportsnet’s Elliotte Friedman reported today on the NHL Network that the San Jose Sharks remain steadfast in their efforts to trade reigning Norris Trophy winner Erik Karlsson. Friedman goes on to say that the Carolina Hurricanes and Pittsburgh Penguins are the two teams that the Sharks are talking to and adds that Carolina may need to work out of a move for defenseman Brett Pesce to acquire some assets to complete a Karlsson deal.

On the Pittsburgh side of things, Josh Yohe of The Athletic wrote an article today that outlined why Erik Karlsson is the type of player that general manager Kyle Dubas needs to acquire. Yohe highlights exactly why Karlsson is the right player for the team and the situation the Penguins are currently in. While most of Yohe’s article is in defense of the Penguins acquiring the defenseman, he also adds a couple of pieces of information regarding a potential move. Yohe says that any move Pittsburgh makes for Karlsson would be complex and would involve a third team, which is no surprise given that Karlsson is owed $11.5MM annually for the next four seasons.

Friedman reported Tuesday on his 32 Thoughts Podcast that one hold-up to the potential deal was that teams wanted the Sharks to retain more of Karlsson’s cap hit. He went on to add that at the trade deadline in March San Jose was willing to retain between 18-20% of Karlsson’s cap hit to facilitate a deal. Friedman believes the Sharks will need to retain closer to 30% of the deal which would turn Karlsson into an $8MM player for the acquiring team, and should net the Sharks a better return. Something they are open to. Friedman also reported today on the NHL Network that he believes the Sharks have pursued unrestricted free-agent defenseman Matt Dumba as a possible replacement for Karlsson.

At this point, it almost feels as though the Penguins must acquire Karlsson. Not only would they block Carolina from adding Karlsson to their already stacked defensive unit, but it would help to jump-start their offence which became stale last year for long stretches. Pittsburgh feels like a team that needs a jolt as they have been unable to get out of the first round of the playoffs since 2018 and didn’t even qualify for the postseason last year. Adding a 101-point defenseman would also alleviate some of the offensive pressure off Sidney Crosby, Evgeni Malkin, and the rest of the Penguins’ top-6 forward group who almost single-handily carried the team last season. And while Dubas has been busy overhauling the black hole that was the Penguins’ bottom six, he still hasn’t added much in the way of offensive firepower.

Pittsburgh Penguins Sign Will Butcher

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Per PuckPedia, the Pittsburgh Penguins have signed UFA defenseman Will Butcher to a one-year, two-way deal. He’ll earn $775K in the NHL and $425K in the minors.

After five seasons in the NHL with the New Jersey Devils and Buffalo Sabres, Butcher found himself limited to an AHL-only role last season after signing a one-year deal with the Dallas Stars. He did well enough in his first AHL season, posting 43 points in 65 games with the Texas Stars, along with a +11 rating.

The contract marks a slight raise for Butcher, who only earned his $325K guaranteed salary on last season’s two-way deal. Butcher, 28, does have 275 NHL games to his name, including a 44-point rookie season with the Devils in 2017-18. He’s yet to hit a level of play anywhere close to what he displayed that year, however.

With a logjam of younger defensemen that includes Pierre-Olivier Joseph and Ty Smith, Butcher isn’t a candidate to make the Penguins out of camp. He is, however, one of the more capable call-up options in the league if injuries strike the Pittsburgh blueline.

The left-shot American will be an unrestricted free agent again in a year’s time.

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