Trade Deadline Primer: Pittsburgh Penguins
With the Olympic break upon us, the trade deadline is under a month away. Where does each team stand, and what moves should they be looking to make? We continue our look around the league at teams on the playoff bubble; next up are the Penguins.
The Penguins spent the summer collecting what appeared to be spare parts, and many expected them to be a top contender for the first overall pick in this summer’s NHL Entry Draft. That has not been the case, however, as the Penguins have defied projections and their own uneven play to find themselves not only in the hunt for a playoff spot but also in a position to earn home-ice advantage in the first round of the NHL Playoffs. It’s been a fun, feel-good story thus far, but it has certainly changed the calculus for Penguins GM Kyle Dubas as he heads into the trade deadline. What once appeared to be a surefire sell-off now feels as though it could turn into a conservative shopping spree for the Penguins.
Record
29-15-12, 2nd in the Metropolitan
Deadline Status
Conservative Buyer
Deadline Cap Space
$53.52MM on deadline day, 0/3 retention slots used, 46/50 contracts used, per PuckPedia.
Upcoming Draft Picks
2026: PIT 1st, PIT 2nd, WPG 2nd, PIT 3rd, SJ 3rd, NSH 6th
2027: PIT 1st, PIT 2nd, NYR 2nd, PIT 3rd, NJ 3rd, WPG 4th, PIT 5th, PIT 6th, PIT 7th
Trade Chips
The Penguins have no lack of trade chips heading into this deadline, which is something they haven’t been able to say all that often in recent years. Pittsburgh has built a healthy backlog of prospects and a robust stockpile of draft picks for the coming years. That said, GM Kyle Dubas has shown a willingness to pivot from the plan slightly if it makes sense to bring in young, controllable talent. In some cases, Dubas has brought in talent along with futures, but the deadline may be an opportunity for Pittsburgh to move some pieces out for a bigger piece.
So, who could Pittsburgh trade? Well, last summer’s trade chips are probably not on the table, given their playoff positioning. That list includes Bryan Rust, Erik Karlsson and Rickard Rakell, and unless Pittsburgh is blown away, it feels like all three will remain with the Penguins. In fact, it feels like most of Pittsburgh’s current NHL roster is safe for this season, because it is a tight-knit group, and it would be hard to tell the veterans that they need to subtract talent.
But what about in the minors? One potential chip is 2022 first-round pick (21st overall) Owen Pickering. The hulking defenseman hasn’t progressed as Penguins management would have hoped, but he shows signs of being an NHL defenseman, possibly even in the team’s top four. Pickering has long been viewed as a defenseman with a very high ceiling. He is mobile, has good size, and is reasonably skilled with the puck on his stick. That said, Pickering remains a project, and there is work to do on the defensive side of his game. Pittsburgh has been patient with his development, but you have to wonder if the Penguins might see him as another potential Samuel Poulin, a former first-round pick who ran out of chances and watched his trade value fall to nothing. Pittsburgh has to make a call on Pickering soon, and they could leverage him as trade bait before that decision is made.
Another prospect who has fallen out of favour this season is Ville Koivunen. The forward was a key piece in the Jake Guentzel trade two years ago and showed enough last season to have people thinking he would be part of Pittsburgh’s top six this year. He had chances this season, but his play was uninspired, and he was quickly returned to the AHL, where he has been fantastic, posting 25 points in 20 games. Koivunen has a ton of skill and hockey IQ, but he isn’t overly big or strong, nor is he fleet of foot. He will rely on his smarts to score, but there is an adjustment to the NHL game Koivunen hasn’t made yet. Given that Koivunen is probably Pittsburgh’s highest-skilled prospect, it’s hard to imagine them dumping him in a deadline move, but anything is possible.
Finally, we return to the NHL roster and the possibility of moving a player off it. While it seems unlikely that Pittsburgh makes any major changes with the big club, there is always the possibility that a team blows them away with an offer for one of their veterans. Rust, Rakell, and Karlsson aren’t likely to be moved, but a player like Noel Acciari probably wouldn’t be off limits. Acciari has formed a formidable fourth line with Blake Lizotte and Connor Dewar and is a free agent this summer. Pittsburgh isn’t likely to re-sign the 34-year-old, but Acciari has played well enough to get paid this summer. If a team made a strong enough offer, one would have to believe Pittsburgh could be persuaded to move him if it improved their long-term future.
Team Needs
A Right Shot Defenseman: It’s easy to look at the Penguins’ defensive core and think their bigger issue might be on the left side, but Pittsburgh is banged up on the right side. Kris Letang is out, as is Jack St. Ivany, and with those two hurt, the right side looks very thin. Ryan Shea has been filling in recently, but his performance has declined, and he looks uncomfortable in his current role. Right-handed defensemen are historically hard to acquire, and given that Dubas has been stockpiling assets, he probably isn’t interested in turning a bunch back to acquire a stopgap. An under-the-radar trade feels likely here rather than a big addition, but Dubas is nothing if not unpredictable, so it wouldn’t be a shock to see him look for a longer-term solution if it fits the bigger plan.
Top Nine Forward Help: The Penguins look set up front and able to roll four consistent lines. However, they lack depth beyond their top 12 forwards and struggled when several forwards were sidelined by injury in December. Pittsburgh lost 9 of 10 games during that stretch as the loss of Evgeni Malkin, Anthony Mantha, and Justin Brazeau eroded the team’s depth. Given the Penguins’ history of injuries, adding an extra top-nine forward might be a wise move to prepare for such an unfortunate series of events. The Penguins don’t need to break the bank to acquire an additional body and could certainly shop the bargain bins to add a bit of depth just in case they run into injury troubles in the final weeks of the season.
Penguins’ Bryan Rust Suspended Three Games
The NHL’s Department of Player Safety has imposed a three-game suspension on Penguins winger Bryan Rust for an illegal check to the head against Canucks winger Brock Boeser during the closing seconds of Sunday’s game in Vancouver. While suspended, he continues to count against Pittsburgh’s salary cap and active roster.
Rust was in the defensive zone while the Penguins were fending off a late challenge from the Canucks to tie the game. While Boeser was attempting to join a net-front battle, Rust dove down from the slot and attempted a hard hit, missing Boeser’s core entirely and striking his head with his right shoulder. Rust was given a two-minute minor on the play for a check to the head. As the game was over, there wasn’t any consequence.
In their explanation video today, DoPS deemed the head contact avoidable. “Rust takes a poor angle of approach, choosing an angle that causes him to cut across the front of Boeser’s body, missing his core,” the video states. “Rust then raises his arm and leans into contact, causing direct contact with Boeser’s head with requisite force for supplemental discipline.” It’s the first interaction Rust has had with DoPS over his 12-year career, though, making the penalty seem steep at first glance, although the fact that Boeser sustained a head injury on the play factored into the length.
Rust isn’t on pace to match the career-high 31 goals he tallied last season, but he’s still a crucial part of the Pens’ top six. The 33-year-old owns an 18-21–39 scoring line in 47 appearances while averaging a career-high 20:07 of ice time per game. For a streaking Pens team with a six-point cushion on a playoff spot, that’s a significant loss – especially with their offense clicking so well at 4.67 goals per game over their last six.
Vancouver Canucks Recall Victor Mancini, Jonathan Lekkerimaki
The Vancouver Canucks announced today that defenseman Victor Mancini and forward Jonathan Lekkerimaki have been recalled from the team’s AHL affiliate, the Abbotsford Canucks. In a pair of corresponding moves, the Canucks placed forward Brock Boeser and defenseman Zeev Buium on injured reserve. Both IR placements were made retroactive to Jan. 25.
In the Canucks’ loss to the Pittsburgh Penguins on Sunday, Boeser took a high hit from Penguins forward Bryan Rust, which appears to have left Boeser with an injury. The NHL Department of Player Safety announced that Rust will have a hearing tomorrow for the hit, while Boeser now figures to miss at least three games. The earliest Boeser can return is for Vancouver’s contest against the Utah Mammoth on Feb. 2. There also appears to be a chance Boeser will not return until after the league’s Olympic break, though a more detailed recovery timeline for the forward was not disclosed by the club.
Buium was struck with a puck to the face early in Vancouver’s contest against the Canucks, and after missing some time in the game, returned wearing a bubble cage for the rest of the contest. A more detailed recovery timeline for Buium was also not made available, but like Boeser, he will miss at least three games due to his injury.
While the Canucks’ season, as far as playoff contention is concerned, is all but over already, the loss of both Buium and Boeser for these few games is nonetheless unfortunate.
Buium was the centerpiece of the Quinn Hughes trade from the Canucks’ perspective, as one of the game’s top blueliner prospects. The 20-year-old former college hockey star has averaged 20:24 time on ice per game as a Canuck and has six points in 20 contests. Boeser, 28, is one of Vancouver’s core players, signed through 2031-32 at a $7.25MM AAV. While his 25 points in 50 games certainly represents a scoring decline compared to prior years, his presence in Vancouver’s forward lineup nonetheless helps give some of the team’s younger, developing players an experienced, accomplished veteran to line up next to. Because of this injury, the Canucks lose that presence for the next few games.
Replacing Boeser in the lineup is Lekkerimaki, who was the 15th overall pick at the 2022 draft and is among the club’s top prospects. The 21-year-old has scored 16 points in 16 AHL games this season, and added two points in his eight games of NHL experience in 2025-26. There’s a chance he could slot directly into Boeser’s vacated spot on the Canucks’ second line, putting him in a trio with Filip Chytil and Drew O’Connor. That would be a significant opportunity for a forward who has thus far averaged 10:53 time on ice per game this season.
Taking Buium’s spot on the Canucks roster is another young player: Mancini. The 23-year-old was acquired from the New York Rangers last season as part of the J.T. Miller trade, and has had an up-and-down stint in the Canucks organization thus far.
He’s excelled at times, both in spurts at the NHL level and more consistently at the AHL level, where he helped Abbotsford win the Calder Cup last spring. So far this season, he’s only skated in nine games at the NHL level, averaging just 13:12 time on ice per game with little usage on special teams.
This recall places Mancini in a position to push young blueliner Tom Willander, who missed Sunday’s game with an illness, for a regular spot on the right side of the Canucks defense. Filip Hronek and Tyler Myers, the two veterans on that side of the blueline, are unlikely to be going anywhere, meaning Willander, the 11th overall pick at the 2023 draft, represents the clearest candidate from whom Mancini might try to win a lineup spot.
While it’s likely Willander has a clear leg up in terms of his chances of dressing in head coach Adam Foote’s nightly lineup, this recall is still a significant opportunity for Mancini as he tries to stake his claim to a spot in the Canucks’ future plans. At this point, Mancini’s place in Vancouver’s long-term strategy is unclear.
Three days ago, The Athletic’s Harman Dayal wrote that “the lack of improvement in his NHL play is becoming a bit concerning,” adding that “the clock is ticking for Mancini to make meaningful strides and prove he’s still an important piece of the organization’s future.” While he might not receive a significant amount of NHL time on this current recall, making the most out of whatever opportunities he receives will be imperative for the pending RFA.
Photos courtesy of Chris Jones-Imagn Images
Penguins Recall Rafael Harvey-Pinard
The Penguins brought up some extra forward depth for their afternoon game against Calgary today. The team announced (Twitter link) that they’ve recalled winger Rafael Harvey-Pinard from AHL Wilkes-Barre/Scranton. He’s serving as injury insurance for winger Bryan Rust, who the team relayed (Twitter link) is dealing with a lower-body injury.
The 27-year-old is in his first season with Pittsburgh after signing a one-year, two-way deal with them in free agency following a non-tender from Montreal. While Harvey-Pinard has 84 games of NHL experience (where he has a respectable 17 goals and 14 assists), he wasn’t able to secure a roster spot with Pittsburgh in training camp and passed through waivers unclaimed back in October.
Since then, Harvey-Pinard has played exclusively in the minors with relatively middling numbers offensively. Through 32 games in Wilkes-Barre/Scranton, he has seven goals and six assists, along with 27 penalty minutes. While those numbers don’t scream promotion-worthy, he can play on both wings, giving the team a bit of versatility should they need to call upon him to play.
Pittsburgh had one open roster spot, so they didn’t need to make a demotion or IR placement to make room for Harvey-Pinard on the roster. However, their group is now full at 23 players.
Penguins Activate Bryan Rust, Assign Ville Koivunen To AHL
The Penguins have made a pair of roster moves heading into tonight’s matchup against the Rangers. The team announced (Twitter link) that they have activated winger Bryan Rust off injured reserve. To make room on the roster, forward Ville Koivunen has been assigned to AHL Wilkes-Barre/Scranton.
Rust had been dealing with a lower-body injury that held him out for most of the preseason as he only got into one exhibition contest. Since he had missed plenty of time by then, Pittsburgh was able to easily move him to injured reserve to start the season and spare another roster cut for the time being.
Last season, the 33-year-old had a career year, notching 31 goals and 34 assists in 71 games, setting personal bests across the board while averaging just under 20 minutes a night of ice time. Considering that he is making an affordable $5.25MM through the 2027-28 campaign and that Pittsburgh is looking to rebuild its roster, that resulted in him being involved in a lot of trade speculation although no move came to fruition.
Rust will likely rejoin Pittsburgh’s top line alongside Sidney Crosby and Rickard Rakell, a trio that had lots of success last season. Koivunen had been in that spot as a placeholder to start the year but was held off the scoresheet in his two outings. Given that he is waiver-exempt, he was a safe choice to send down for the time being.
Last season, Koivunen made quite the first impression down the stretch. He was brought up at the end of March and got into eight games with Pittsburgh. While he didn’t score, he picked up seven assists in those outings while playing over 18 minutes a night, making a strong push for a longer-term stint on the roster. That won’t be happening for the time being but it stands to reason that he’ll be one of their top recall candidates whenever injuries arise or a roster spot is opened up, such as a trade or if Benjamin Kindel is returned to junior if the team opts to not burn the first year of his entry-level contract. That decision will come once he reaches the nine-game mark which could come within the next few weeks.
Bryan Rust Out Two Weeks Due To Undisclosed Injury
Penguins winger Bryan Rust will be sidelined for the start of the regular season after sustaining an undisclosed injury in practice on Wednesday, per Seth Rorabaugh of the Pittsburgh Tribune-Review. He’ll miss at least two weeks, with his earliest return date set for Oct. 16 against the Kings. That’s a minimum absence of four games. He will be eligible for an injured reserve placement when opening night rosters are due.
Any trade talks that may still be ongoing for the top-six forward will now take a brief pause. Coming off the first 30-goal, 60-point season of his career, the 33-year-old Rust was in trade rumors all offseason long as the Penguins descended deeper into rebuild territory. Like fellow trade candidates Erik Karlsson and Rickard Rakell, though, he’ll be remaining with the organization to begin the regular season.
With on-ice expectations for the Penguins quite low this season, at least externally, the primary impact of Rust’s absence lies not with his missing offense, but with Pittsburgh’s opening night roster composition. Stashing Rust on IR for a week or two will allow general manager Kyle Dubas to punt some tough decisions for the final few roster spots down the road. The club has multiple young talents at both forward and defense looking to break camp, and leaving Rust off the 23-man limit will make life easier for some of them.
In fact, Rust’s injury could be the final straw for the Pens to decide to give No. 11 overall pick Benjamin Kindel a nine-game trial before returning him to WHL Calgary. Some viewed the 5’11” winger as a reach on draft day in June, but he’s averaged over 17 minutes per game in five preseason contests while registering a goal and an assist. If not him, Rust’s absence could be a pathway for a name like Filip Hallander or Samuel Poulin to avoid waivers, at least for a few extra days.
Still, Rust’s injury brings the Penguins to three forwards on IR to begin the season who would otherwise be opening-night likelies or locks. Veteran Kevin Hayes was shut down at the beginning of camp and isn’t expected back until late October, while top prospect Rutger McGroarty is out indefinitely with an upper-body issue.
Teams Maintain Interest In Penguins’ Rakell And Rust
With the main wave of free agency behind them, teams that missed out on big-name signings may now be shifting their focus to the trade market. And at the top of that list are Pittsburgh Penguins forwards Bryan Rust and Rickard Rakell, the Fourth Period reports.
Trade speculation surrounding both players isn’t new, especially given that the Penguins are one of the few teams currently in a rebuilding phase. While GM Kyle Dubas hasn’t explicitly stated that either player is off-limits, it’s believed the Penguins would need to be blown away by an offer to part with them. There doesn’t appear to be immediate urgency to move either winger, especially since both have team-friendly deals.
Rust has three years remaining on his contract, which comes with a $5.125MM AAV. The 33-year-old is coming off a career-best season, posting 31 goals and 65 points in 71 games. He has spent his entire career in the Penguins organization after the team selected him in the third round (80th overall) in the 2010 draft. In 638 career games, he’s recorded 427 points, with his 203 goals ranking ninth in franchise history. Rust also excels as a penalty killer and has a history of elevating his game and scoring timely goals in the playoffs. While Rust has expressed interest in remaining in Pittsburgh, his no-trade clause recently expired, thus taking that decision out of his hands.
Rakell bounced back with a strong 2024-25 season after a down year the previous season. In 81 games, Rakell posted a career-best 35 goals and 70 points in 81 games last season, mainly playing alongside Rust and Sidney Crosby. The sharpshooting right winger has three years remaining on an extremely team-friendly $5MM AAV contract. Rakell has eclipsed the 30-goal plateau three times in his career, and the 20-goal mark six times.
Several teams have been recently linked to the duo, including the Hurricanes, before inking Nikolaj Ehlers to a new six-year contract. The Fourth Period also includes Toronto, Los Angeles, San Jose, New Jersey, Buffalo, and Seattle among the teams looking to upgrade their top-six.
While Dubas and the Penguins’ front office would need to be impressed to make a move, with over $15 million in cap space (per PuckPedia), they could be open to taking on a large salary if it sweetens the deal and keeps the other team cap-compliant.
East Notes: Rust, Rakell, Boeser, Tambellini
According to Josh Yohe of The Athletic, before inking Nikolaj Ehlers to a new six-year contract, the Carolina Hurricanes were interested in a pair of veteran wingers from the Pittsburgh Penguins. The Hurricanes reportedly called on the availability of Bryan Rust and Rickard Rakell, and league sources believe one of the two will be dealt this summer.
Given his use of the past tense in his article, it doesn’t appear that Carolina has continued their interest in Rust or Rakell. Still, with more than $10MM in cap space after adding Ehlers, the Hurricanes could conceivably add another top-six winger to their forward group to put themselves over the top in the Eastern Conference.
Neither player has indicated a desire to leave the Penguins organization, but neither has the necessary protection to block a trade outright. If Carolina reconsiders in the offseason, they would likely target Rust for a middle-six role, adding more physicality and playoff experience to a high-skill lineup.
Other notes from the Eastern Conference:
- Although they only came away with Jonathan Drouin to improve their offensive woes, the New York Islanders had their eyes on a bigger prize once free agency began. According to a new article from Stefen Rosner in The Elmonters, the Islanders were the highest on the list for winger Brock Boeser, if he wanted to leave Vancouver. Ultimately, although he would have been a tremendous goal-scoring asset for New York, Boeser remained with the Canucks on a new seven-year, $50.75MM deal.
- The Tampa Bay Lightning announced that they’ve hired Jeff Tambellini as their new Assistant General Manager and Director of Hockey Operations. Tambellini is a former six-year veteran of the NHL, playing for the Islanders, Canucks, and Los Angeles Kings. He had previously worked for the Lightning as a collegiate scout from 2020 to 2022 and the Seattle Kraken’s Director of Player Development from 2022 to 2025.
East Notes: Kyrou, Cody Glass, Rust
Pittsburgh Penguins veteran winger Bryan Rust has been linked to trade discussions involving multiple teams, including the Buffalo Sabres and Columbus Blue Jackets, according to Sportsnet’s Elliotte Friedman on his 32 Thoughts podcast.
The Penguins have bolstered their forward pipeline by drafting Benjamin Kindel at No. 11 overall, and GM Kyle Dubas appears to be open to offers for veteran forwards. Even though Rust posted a career-best season in 2024-25, Pittsburgh’s rebuild means he and Rickard Rakell are among the tradeable players that contenders may target for scoring help.
Rust posted 31 goals and 65 points in 71 games last season, largely playing alongside Rakell and Sidney Crosby. Rust also excels as a penalty killer and has a history of elevating his game and scoring timely goals in the playoffs. While he’s 32 and has a history of injury concerns, Rust has three years remaining on his $5.125MM AAV deal that could prove team-friendly for a contending team.
Elsewhere in the Eastern Conference:
- Friedman also discussed that while the New Jersey Devils have expressed interest in retaining pending restricted free agent Cody Glass, the team may not have the financial flexibility to do so. With several pending free agents—including Curtis Lazar, Brian Dumoulin, and Jake Allen—and a significant restricted free agent in Luke Hughes, Devils GM Tom Fitzgerald must be strategic in allocating the team’s $14.3 million in cap space (per PuckPedia). Glass spent last season between the Penguins and Devils and posted a combined six goals and 22 points in 65 games. The former sixth overall pick (and first in Golden Knights history), added a career-high 51.2 faceoff win percentage.
- As the Montreal Canadiens continue to explore trade options, they have checked in on St. Louis Blues’ sniper Jordan Kyrou, per David Pagnotta of The Fourth Period. The Habs traded for defensemen Noah Dobson earlier today and will absorb his new eight-year, $76MM contract. However, the team also appears interested in adding to its forward group. The Canadians finished 17th in the league with 243 goals last season, and a player like Kyrou could certainly help them climb those rankings. Playing all 82 games last season, he posted 36 goals and 70 points. It represented his third consecutive 30-goal campaign, and the 26-year-old added three goals in seven playoff games. Kyrou has five years left on his eight-year, $65MM contract, which comes with a cap hit of $8.125MM annually.
Penguins Receiving Interest In Bryan Rust
With there being plenty of speculation about the Penguins trying to make their roster younger for the upcoming season, a veteran winger is being eyed by other teams. Josh Yohe of The Athletic reports (subscription link) that teams are calling to gauge the potential availability of veteran winger Bryan Rust.
The 33-year-old is coming of a career year after putting up 31 goals and 34 assists this season despite missing 11 games due to injuries and illness. That came on the heels of him matching his previous career best in points the year before when he only played in 62 games. Suffice it to say, Rust has gone from being more of a role player at the beginning of his career to a trusted top-six option in recent seasons, making it very understandable that he’s attracting interest.
While his recent performance is certainly fueling that, so too is his contract. Rust has three years left on his current contract with a $5.125MM cap hit. In a cap environment that’s going to see the Upper Limit increase considerably over the next several years, inflating salaries along the way, his deal increasingly becomes more of a bargain.
A long-time linemate of Sidney Crosby, it’s likely that GM Kyle Dubas would prefer to keep Rust in the fold. While there’s a stated desire to get younger, there doesn’t seem to be any indication that they’re looking to go into more of a full rebuild, meaning that their top veterans aren’t likely to be made available.
It’s also worth noting that Rust currently has a no-move clause for a few more weeks although that protection lapses on July 1st. Accordingly, if a move were to be made with Dubas receiving an offer that was simply too good to refuse, it might have to wait until the start of the new league year for it to be made official. And if the free agent market proves to be as lucrative as many expect, Rust’s trade value and Dubas’ asking price will only be going up from there.