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Jake Guentzel

Hurricanes Acquire Jake Guentzel From Penguins

March 8, 2024 at 2:30 am CDT | by Josh Erickson 48 Comments

2:30 a.m.: The trade call is now complete with the Hurricanes also receiving Ty Smith as part of the trade, Sportsnet’s Elliotte Friedman confirms. The Penguins will receive Bunting, forward prospects Ville Koivunen, Vasiliy Ponomarev, and Cruz Lucius, a conditional 2024 first-round pick, and a conditional 2024 fifth-round pick. If the Hurricanes don’t make the 2024 Stanley Cup Final, the first-round pick downgrades to the Flyers’ 2024 second-round pick. The fifth-round pick only transfers if the Hurricanes win the Stanley Cup. The Penguins are also retaining 25% of Guentzel’s $6MM cap hit. A previous report indicated that defense prospect Scott Morrow was headed to Pittsburgh in the deal; this is false.

5:26 p.m.: The Hurricanes and Penguins are close to a trade that would send star winger Jake Guentzel to Carolina, Sportsnet’s Elliotte Friedman reports. Forward Michael Bunting is expected as part of the return to Pittsburgh. Pierre LeBrun of TSN and The Athletic adds that both teams being in action tonight may delay the final trade call but that “all signs point to Guentzel going to Carolina.”

This is the first major splash at this year’s deadline for Hurricanes GM Don Waddell, who’s largely held out of making big moves late in the season throughout his time at the helm in Carolina. He notably didn’t swing for a forward upgrade at last year’s trade deadline, and his Metropolitan Division-winning squad ended up bowing out to the Panthers in an Eastern Conference Final sweep. The Hurricanes have seemingly beaten out four other teams – the Canucks, Golden Knights, Panthers, and Rangers all remained in contact with Pittsburgh today – for Guentzel’s services.

Guentzel, 29, has been a first-line staple in Pittsburgh alongside Sidney Crosby since making his debut in 2016, memorably scoring on his first NHL shot. After leading Pittsburgh in playoff goals during their run to the Stanley Cup in 2017 and breaking out for a 40-goal regular season two years later, Guentzel inked a five-year, $30MM contract that will expire this summer. There was little reason to believe Guentzel wouldn’t extend in Pittsburgh after he hovered around the point-per-game mark yet again last year with 73 in 78 games, but a disappointing season for the Penguins in the standings has caused the organization to shift to retool mode.

This year, Guentzel is back above the point-per-game mark, notching 22 goals and 52 points in 50 games. He’s missed the last few weeks with an upper-body injury and, until the trade goes through, remains on the Penguins’ LTIR list. However, he’s not expected to miss much more time and skated in a full-contact jersey today for the first time since the mid-February injury. Averaging 20:53 per game, his possession metrics across the board are strong, logging a +9 rating, a career-high 56.3 CF% at even strength, and a spectacular 57.1 xGF%, per Hockey Reference.

Surely, Guentzel’s career numbers have benefitted from so much ice time with one of the best players in league history. Hurricanes number-one center Sebastian Aho may not fall into the generational category, but he’s still among the league’s elite and should form a mutually beneficial relationship with Guentzel down the stretch and into the postseason. There’s no reason to believe Guentzel won’t slot into a top-line role immediately, allowing 23-year-old Andrei Svechnikov to drop down to the second line and receive some easier 5-on-5 matchups.

That addition will cause some domino effects, although the pressing issue of an upgrade on Jack Drury or Jesperi Kotkaniemi as a second-line center remains. While depth scoring wingers like Stefan Noesen have been a revelation, posting 31 points in 60 games for the ’Canes despite logging under 12 minutes a night, he’s no Svechnikov. The 23-year-old is playing some of the best hockey of his career and is scoring at a career-best 0.93 point-per-game clip, and he and Martin Necas anchoring Carolina’s second line offers much more insulation to the overtaxed Drury as a true strong secondary scoring unit behind the Aho line. Noesen could then slot into a more comfortable fourth-line role, boosting their bottom unit alongside Kotkaniemi and Jesper Fast to be more well-rounded offensively.

While there won’t be an extension for Guentzel as part of this deal, it’s certainly possible before he reaches free agency on July 1. Bunting was signed for two more seasons with a $4.5MM cap hit, so moving him to the Penguins opens up a fair amount of cap space to devote to what could very well be a Guentzel extension that comes in north of $8MM per year. The Hurricanes will have $36.15MM in projected cap space next year after the trade, assuming no other players are coming from Pittsburgh to Carolina, with a roster size of 11. They have multiple impact players unsigned for next season, though, including Necas, Seth Jarvis, Teuvo Teräväinen, and Brett Pesce.

For the Penguins, this confirms the start of GM Kyle Dubas’ retooling to give the team a third wind in the twilight years of Crosby’s, Evgeni Malkin’s, Erik Karlsson’s, and Kris Letang’s careers. They still have an incredibly formidable core but lack much speed, depth, youth, or skill among their secondary. Guentzel’s departure tonight could signal the departure of other assets, such as winger Reilly Smith and netminder Alex Nedeljkovic, before tomorrow’s deadline.

Bunting will provide a slightly younger and cheaper option in Pittsburgh’s top six compared to Smith, Rickard Rakell, or Bryan Rust. It marks the second time Dubas has moved to acquire him – his former GM with the OHL’s Soo Greyhounds was responsible for his big major-league chance by signing him in Toronto as a UFA, where he broke out as a top-line threat alongside Auston Matthews and Mitch Marner. Even away from Toronto’s stars, Bunting maintained a decent level of production in Carolina, scoring 13 goals and 36 points through 60 games while averaging 15:07 per game. His possession impacts have nosedived away from Matthews and Marner, though, posting a 49.2 xGF% this year compared to his 58.2 mark throughout his two years with the Maple Leafs.

A first look at the futures the Pens acquired looks like a rocky start to the Dubas-led retool. Despite interest from multiple teams with deep prospect pools, Pittsburgh failed to secure a guaranteed first-round pick or a first-round-caliber prospect in the swap, opting for a trio of U-22 players instead.

The most notable prospect heading to the Penguins is Koivunen, who the Hurricanes selected in the mid-second round of the 2021 draft. A 20-year-old who can play both wing and center, Koivunen has dominated the Finnish Liiga in a proper breakthrough campaign this year, tied for first in points with Oulun Kärpät with 21 goals and 55 points in 57 games. He represented Finland at the 2022 and 2023 World Juniors and scored once in 12 games with the AHL’s Chicago Wolves last season, his only North American professional experience. Koivunen signed his entry-level contract in August 2021, but the deal slid twice due to his European Assignment Clause kicking in for the 2021-22 and 2022-23 seasons. As such, his contract only began in earnest this season and doesn’t expire until 2026, when he’ll be an RFA.

Ponomarev, 21, is the only prospect picked up by Pittsburgh with NHL experience. Another mid-second round pick of the Canes, selected one year before Koivunen, the Russian center notched a goal and an assist in his first two NHL games earlier this season. On assignment to the AHL at the time of the deal, he’s expected to join the Penguins’ affiliate in Wilkes-Barre/Scranton after spending time with both the Tuscon Roadrunners and Chicago Wolves earlier this year. A Calder Cup champion with the Wolves in 2022, Ponomarev has eight goals, 29 points, and a -17 rating in 41 minor-league games this year. He’s in the second active season of his entry-level contract and will be an RFA in the summer of 2025.

Lucius, 19, was the latter of the Canes’ two fourth-round picks in 2022 and has not yet signed his ELC. The Lawrence, Kansas, native plays right wing and is in his sophomore season at the University of Wisconsin, where he’s been highly productive with 23 goals and 65 points in 66 games since 2022. He missed a solid chunk of his draft year due to injury, limiting his stock, so he does have a higher likelihood of cracking the NHL than his fourth-round billing suggests. The Penguins have until Aug. 15, 2026, to sign him to a deal before losing his exclusive signing rights.

While the Penguins may have technically added a second first-round pick in the upcoming draft, their selections are conditional. Pittsburgh could end up with no first-round selections this year if Carolina doesn’t reach the Final and their own first-round pick ends up outside of the top 10. The Pens dealt their 2024 first-rounder to the Sharks in last summer’s Erik Karlsson trade, but the pick is top-10 protected and would defer to 2025 if Pittsburgh ends up with a top-10 pick after this year’s draft lottery.

By removing Guentzel from LTIR, the Penguins now exceed the cap by $2.275MM, according to CapFriendly. They must clear space via additional trades, placing another player on LTIR, or reassigning players to the minors by 4 p.m. CT Friday.

Photo courtesy of USA Today Sports.

Carolina Hurricanes| Newsstand| Pittsburgh Penguins Jake Guentzel| Michael Bunting

48 comments

Five Teams Remain In Talks For Jake Guentzel

March 7, 2024 at 4:38 pm CDT | by Josh Erickson 4 Comments

The Canucks, Golden Knights, Hurricanes, Panthers, and Rangers are the five teams remaining in the Jake Guentzel sweepstakes as a trade is “getting close,” reports David Pagnotta of The Fourth Period. Penguins GM Kyle Dubas didn’t have a deal in place for his star winger by Wednesday night as he’d hoped, but all signs point to Guentzel still changing hands before tomorrow’s trade deadline.

None of these teams come as a surprise, and various sources have bandied them about as fits for Guentzel throughout the past few weeks. The Golden Knights, Panthers and Rangers have been incredibly aggressive in advance of the deadline, collectively acquiring some of the top trade targets in Noah Hanifin (VGK), Anthony Mantha (VGK), Vladimir Tarasenko (FLA), and Alexander Wennberg (NYR) in the past 72 hours.

The veteran winger is amidst another All-Star-caliber season. While he’s been out since Valentine’s Day with an upper-body injury but is inching toward a return, practicing without a non-contact jersey today for the first time since the injury (video via team reporter Dan Potash). He scored 22 goals, 30 assists and 52 points in 50 games before getting hurt, his fourth time averaging over a point per game since 2019. He’s also logging over 20 minutes per game for the fifth straight year.

Despite the high level of production and his clutch postseason performances (58 points in 58 career playoff games), it makes little sense for the retooling Penguins to sign the 29-year-old pending UFA to a long-term extension. Multiple reports over the past week indicate that Guentzel will likely be dealt as a rental and be the top free agent on the market when the 2024-25 league year begins on July 1. His suitors probably note that Guentzel backs up his consistent production with consistent possession quality control numbers – he has a 57.1 xGF% this season and a 54.5 career xGF% throughout his 503 games as a Penguin, per Hockey Reference.

The Golden Knights, Hurricanes and Panthers could all take Guentzel’s $6MM cap hit at 50% retention without involving a third-party broker. The Rangers are a few grand short of having the necessary cap space to do so and could still make a trade work with a third party, while the Canucks have just $125K in cap space and would need to move a significant chunk of salary out to accommodate Guentzel, even at a 75% reduced $1.5MM cap hit. There have been some spotty but credible rumors of Vancouver potentially flipping Elias Lindholm, whom they just spent a first-round pick to land from the Flames in January, to create cap space for Guentzel.

Improbably, Vegas is still well-positioned to land Guentzel even after landing the top defenseman on the market in Hanifin. The team still has $3.8MM in deadline cap space with Robin Lehner and captain Mark Stone on long-term injured reserve despite having 27 players on the roster counting against the cap – their full 23-man roster plus $9.375MM taken up by Alec Martinez, Brett Howden, William Carrier, and Pavel Dorofeyev on standard injured reserve. They also still have their first-round draft picks in 2024 and 2026 and have not parted ways with top prospects Brendan Brisson, David Edstrom, and Carl Lindbom.

Carolina Hurricanes| Florida Panthers| New York Rangers| Pittsburgh Penguins| Vancouver Canucks| Vegas Golden Knights Jake Guentzel

4 comments

Pacific Notes: Canucks, Emberson, Bordeleau, Barabanov

March 6, 2024 at 3:10 pm CDT | by Brennan McClain Leave a Comment

Pittsburgh Penguins beat writer, Josh Yohe, is reporting that although several teams remain in the mix for forward Jake Guentzel, the Vancouver Canucks have been far and away the most aggressive team. This reaffirms multiple reports over the last several days listing the Canucks as one of the top suitors for Guentzel’s services.

Yesterday there was a report from TSN’s Chris Johnston, which indicated that Vancouver was working on a potential trade that would land them Guentzel as well as shipping Elias Lindholm to the Boston Bruins. With just over 48 hours left until the trade deadline, a trade of this magnitude may have too many moving parts to be completed, but would be a fascinating shift from Vancouver after acquiring Lindholm just over a month ago.

In his own right, Guentzel does make a lot of sense for a team like the Canucks, with many of the team’s top players having minimal playoff experience throughout their careers. Playing for the Penguins over his entire career, Guentzel has been a standout playoff performer, scoring 34 goals and 58 points in 58 postseason games as well as a Stanley Cup ring in 2017.

Other Pacific notes:

    • In an announcement coming from the organization, the San Jose Sharks have placed defenseman Ty Emberson on injured reserve, and have recalled forward Thomas Bordeleau in a corresponding roster move. This will mark Emberson’s third stint on the IR this season, losing time in December and January as well. However, when healthy, he has been a solid performer in San Jose this season, scoring one goal and 10 points in 30 games played, coupled with a 91.7% save percentage in all situations as well. Bordeleau, on the other hand, has only appeared in six games for the Sharks this season, scoring one goal and one assist while averaging just over 13 minutes of ice time per night.
    • Sticking with the Sharks, David Pagnotta of The Fourth Period reports that extension talks have broken down between the team and forward Alexander Barabanov, and they are actively shopping the veteran to a Stanley Cup contender. Experiencing something of a down season due to injuries earlier in the year, Barabanov has only been able to muster 10 points in 38 games for the Sharks this season. However, Barabanov is only one year removed from a 15-goal, 47-point performance, which may entice some contenders as a secondary-scoring option down the stretch.

San Jose Sharks| Vancouver Canucks Alexander Barabanov| Jake Guentzel| Thomas Bordeleau| Ty Emberson

0 comments

Updates On Jake Guentzel, Elias Lindholm

March 5, 2024 at 3:39 pm CDT | by Brennan McClain 32 Comments

One month ago, the Vancouver Canucks acquired forward Elias Lindholm from the Calgary Flames in a trade to bolster the organization’s top-six. Now, it appears that Lindholm’s days in Vancouver may be numbered, as Chris Johnston of TSN is reporting that the Canucks have spoken with the Boston Bruins about flipping Lindholm in order to acquire Jake Guentzel from the Pittsburgh Penguins.

In theory, a trade could work between the three teams, but there will undoubtedly be a lot of moving parts in any trade of this magnitude. Hypothetically, the Bruins could send a package of Jake DeBrusk and John Beecher to the Penguins, with the Canucks sending Vasily Podkolzin to Pittsburgh as well.

Before this year started, the Bruins were heavily rumored to be a team looking for center help after watching Patrice Bergeron and David Krejci retire in the offseason. Nevertheless, the team opted to utilize Pavel Zacha and Charlie Coyle as their one-two punch down the middle. Both players have handled the pressure well, with Coyle now six points away from a career-high in a single season.

It is interesting to see Lindholm’s name pop back up in trade rumors, as they surrounded him for nearly a year in Calgary. In 14 games with the Canucks since the trade in late January, Lindholm has scored two goals and six points overall coupled with a 58.1% faceoff percentage. Ultimately, the team may prefer to add more offense to their wings, instead of employing Lindholm in a third-line role down the middle.

In the hunt for their third President’s Trophy victory in franchise history, the Canucks are seemingly doing everything they can to create a Stanley Cup-caliber team. Infamously, even with the organization now being 53 years old, Vancouver has lost all three Stanley Cup Finals in team history.

Boston Bruins| Pittsburgh Penguins| Vancouver Canucks Elias Lindholm| Jake Guentzel

32 comments

Penguins Hoping To Trade Jake Guentzel By Wednesday Night

March 5, 2024 at 2:05 pm CDT | by Brennan McClain 24 Comments

TSN’s Darren Dreger is reporting that the Pittsburgh Penguins are hoping to have a trade in place for forward Jake Guentzel by Wednesday evening. The news is significant as it confirms that the Penguins are committed to moving out Guentzel to bring younger pieces into the organization.

In the report, Dreger indicates that the Penguins are looking for a first-round pick, a young NHL-caliber player, as well as prospects. TSN’s Chris Johnston is also reporting that the teams looking to acquire Guentzel are not interested in pursuing a contract extension and are purely viewing him as a rental.

The news comes only a day after reporting indicated the Vancouver Canucks and Vegas Golden Knights were two primary suitors for Guentzel’s services. Without a doubt, Vancouver can create the best trade package between the two in terms of prospects they would be able to send to Pittsburgh, but the Golden Knights still have a 2024 first-round pick to send to the Penguins, with Vancouver not having a draft pick until the third round of this year’s upcoming draft.

Albeit a rare scenario in the NHL, the Penguins are putting themselves in a position to trade two months of Guentzel for much-needed prospect and draft capital and re-sign him to a lengthy contract in the offseason. It has become clear throughout Guentzel’s eight-year career in Pittsburgh that both he and franchise icon Sidney Crosby are very close both off and on the ice.

Now 10 points back of a playoff position in both the Metropolitan Division and the Eastern Conference wild card race, the logic behind trading Guentzel is clear. However, given that Guentzel is so close to Crosby, the ramifications of a trade may be heavy on the team and General Manager Kyle Dubas.

Nevertheless, whichever team ultimately acquires Guentzel, will undoubtedly be favoring his impressive track record during the Stanley Cup playoffs. In 58 career playoff games, Guentzel has scored 34 goals and 58 points overall, including a Stanley Cup championship against the Nashville Predators in 2017.

Sitting 11th, 12th, and 14th in the league in GF/G, respectively, the Florida Panthers, Carolina Hurricanes, and Golden Knights all have a need for Guentzel’s offensive prowess come playoff time. Ultimately, there are likely several teams still involved in the mix, allowing Dubas to take the best deal on the table.

Newsstand| Pittsburgh Penguins Jake Guentzel

24 comments

Canucks, Golden Knights Among “Legit Suitors” For Jake Guentzel

March 4, 2024 at 2:06 pm CDT | by Josh Erickson 16 Comments

The Canucks and Golden Knights are among the teams making serious offers for star Penguins winger Jake Guentzel ahead of the trade deadline, Pierre LeBrun of TSN and The Athletic reports Monday. The two Pacific Division squads are among at least six “legit suitors” for his services.

Pittsburgh was viewed as a team with uncertain status heading into deadline season a few weeks ago, but three straight losses now have them 10 points out of a playoff spot and hurtling toward seller status. As such, the likelihood of them parting ways with Guentzel this week has skyrocketed, with the team reportedly preferring high-end prospects in return rather than first-round draft picks.

If that’s the case, Vancouver has the much stronger arsenal to deal from. The team recalled 2019 top-10 pick Vasily Podkolzin from AHL Abbotsford over the weekend, and he made his season debut yesterday against the Ducks, speculatively as a showcase for a trade. Offers centered around him, such as 2022 first-round pick Jonathan Lekkerimäki or 2023 first-round pick Tom Willander, are likely to draw the attention of Penguins GM Kyle Dubas.

In comparison, Vegas’ potential offer could center around 2020 late first-round pick Brendan Brisson or 2023 selection David Edstrom, the last pick of the first round, who grades out as a potential high-end third-line center.

Importantly, neither team has the long-term flexibility to ink the pending UFA to an extension. The Golden Knights are averaging less than a $1MM cap hit in space for every open roster spot next season, while the Canucks need to allocate a significant chunk of next season’s spending to their defense – only Quinn Hughes and Noah Juulsen are signed through next season or longer. Guentzel’s $6MM cap hit would also pose an insurmountable salary cap hurdle for Vancouver and Vegas, so the team must retain half of his salary in any potential deal.

Both teams could use the top-line help, however. Canucks star center Elias Pettersson is currently flanked by Nils Höglander and Pius Suter, both of whom are better suited for middle-six roles. Vegas, meanwhile, is still looking to shoulder the loss of captain Mark Stone for the rest of the regular season, and potentially the playoffs, due to a lacerated spleen.

While also injured, Guentzel is nearing a return from an upper-body injury that’s kept him out since mid-February and should be ready to return shortly after the deadline. He has 22 goals and 52 points in 50 games this season, set to eclipse the point-per-game mark for the fourth time in the last five years.

Newsstand| Pittsburgh Penguins| Vancouver Canucks| Vegas Golden Knights Jake Guentzel| Trade Rumors

16 comments

Trade Deadline Notes: Hanifin, Markstrom, Guentzel

March 3, 2024 at 10:00 am CDT | by Brennan McClain 9 Comments

On yesterday evening’s rendition of ’Saturday Headlines’ on Sportsnet, Elliotte Friedman spoke at length about several rumblings across the league leading up to the trade deadline. One of the major discoveries presented by Friedman is that the Tampa Bay Lightning are the preferred landing spot for Calgary Flames’ defenseman Noah Hanifin and that he would be willing to discuss an extension.

The news comes shortly after a report suggested that the Florida Panthers were making a concerted push for Hanifin, which could simply be some rivalry gamesmanship on their part. At any rate, this report confirms that the Lightning are making a strong effort to fill in the void left by the injury to Mikhail Sergachev, and are not ready to cede the Atlantic Division to other up-and-coming teams in the 2024 Stanley Cup playoffs.

An extension in Tampa Bay would be the most difficult part of any hypothetical transaction to acquire Hanifin, due to the Lightning only having around $10.85MM available to them in cap space this offseason, even with the salary cap set to rise to $87.7MM. If Tampa Bay is amicable to signing Hanifin at a deal they believe gives them solid value, General Manager Julien BriseBois may have to make a difficult choice between Hanifin, and pending unrestricted free agent forward Steven Stamkos this summer.

Other notes:

  • Friedman also noted some specifics regarding the trade speculation surrounding Flames’ goaltender Jacob Markstrom, and the details behind his public frustration with the organization. Markstrom was originally displeased with the front office due to them indicating they had a deal in place to send him to the New Jersey Devils but then reversed course due to the solid play of the team in recent weeks. Friedman reports that even if the Devils are unable to acquire Markstrom before March 8th, New Jersey would be more than happy to reignite trade talks with Calgary at the 2025 NHL Draft.
  • Lastly, Friedman confirmed that the Pittsburgh Penguins had set the asking price for forward Jake Guentzel at two prospects; not one prospect and a first-round pick. Friedman’s report comes a few days after President of Hockey Operations and General Manager Kyle Dubas said to reporters that the Penguins’ primary focus at this year’s trade deadline would be to get younger overall. With several buyers not interested in parting with a first-round pick at this year’s trade deadline, the asking price for Guentzel may lead to a larger market for Pittsburgh to choose from.

Calgary Flames| Pittsburgh Penguins| Tampa Bay Lightning Elliotte Friedman| Jacob Markstrom| Jake Guentzel| Noah Hanifin

9 comments

Metropolitan Notes: Hurricanes, Guentzel, Dowd, Newkirk

March 2, 2024 at 4:00 pm CDT | by Brian La Rose Leave a Comment

It wasn’t that long ago that the Hurricanes were looking to add to their goaltending.  Now, GM Don Waddell might be taking a different approach as he told Chip Alexander of the Raleigh News & Observer that there’s a possibility that they wind up moving one of their four netminders.  Frederik Andersen (blood clots) could be back sometime this coming week while Pyotr Kochetkov, Antti Raanta (currently on IR), and Spencer Martin are also in the mix, potentially creating a four-goalie rotation at some point.  While extra depth is nice to have, that might be a bit much for the stretch run, even without their own AHL affiliate to draw from.

More from the Metropolitan:

  • Penguins winger Jake Guentzel took part in today’s morning skate in a non-contact jersey, notes Matt Vensel of the Pittsburgh Post-Gazette (Twitter link). The 29-year-old has been his usual point-per-game self this season with 52 in 50 games but he may have played his last game in Pittsburgh.  Guentzel is currently on LTIR with an upper-body injury and isn’t eligible to return until March 10th, two days after the trade deadline.  The fact he took part in the skate today is a promising sign that he’ll be able to return as planned on the 10th or soon after.
  • Capitals center Nic Dowd skated today in a non-contact jersey as he works his way back from an upper-body injury, relays NHL.com’s Tom Gulitti (Twitter link). The 33-year-old was injured a little less than two weeks ago and while he won’t play tomorrow against Arizona, he could return sometime next week.  Dowd has eight goals and eight assists in 45 games so far this season while ranking second on the team in faceoffs taken.
  • The Islanders have re-assigned forward Reece Newkirk from AHL Bridgeport to ECHL Worcester, per the AHL’s transactions log. The 23-year-old was brought up last month but played only once, bringing his games played total in the AHL to 13 on the season where he has a goal and two assists.  A pending restricted free agent this summer, Newkirk appears to be trending toward non-tender territory in June.

Carolina Hurricanes| New York Islanders| Pittsburgh Penguins| Transactions| Washington Capitals Frederik Andersen| Jake Guentzel| Nic Dowd

0 comments

Penguins Receiving Strong Interest In Reilly Smith

March 1, 2024 at 9:00 pm CDT | by Brian La Rose 16 Comments

At the trade deadline, the focus is often on the rental market.  Contending teams are looking for that final piece but want a short-term acquisition as they can’t afford to keep the player beyond the current season.  However, some non-rentals also attract some interest at this time of year.  It appears one of them is in Pittsburgh as Daily Faceoff’s Frank Seravalli reports that the Penguins are receiving a lot of calls on winger Reilly Smith, even more than Jake Guentzel, one of the top rentals potentially available between now and March 8th.

The 32-year-old was acquired by Pittsburgh last summer in a move that basically amounted to a salary cap dump from Vegas with Smith, an important part of their Stanley Cup run, yielding just a third-round pick in return.  For a player who reached the 50-point mark in four of his six seasons with the Golden Knights, the return was on the light side but in a flat-cap environment, several teams had to make tough decisions like that.

While Penguins GM Kyle Dubas was hoping that Smith would be a key two-way contributor, that hasn’t exactly been the case.  Instead, his offensive numbers are down as he has just 10 goals and 15 assists in 51 games so far, not a great return on a $5MM price tag.  He’s still averaging over 16 minutes a night, however, and is seeing some action on the penalty kill.  In terms of a player profile, Smith is the type of player a lot of teams can use.

Fitting that contract onto the books is difficult enough for this season with half the league currently using LTIR to stay salary cap-compliant.  The fact that Smith has another year left on his deal after this one adds to the allure but also adds to the complications of making such a deal work.

Seravalli suggests that Smith could be a candidate for salary retention to help open up his market.  Pittsburgh has two of their three slots left while the one they’ve used (Jeff Petry) is on the books through next season.  If Dubas isn’t concerned about using a second slot through 2024-25, paying down Smith’s contract to just a $2.5MM AAV would certainly bolster his market and should allow them to get a considerably better return than what they gave up to get him.  While it’s not the direction they were hoping for, it looks like Smith could help yield a quality piece for a potential rebuild or retool this offseason.

Pittsburgh Penguins Jake Guentzel| Reilly Smith

16 comments

Poll: Which Team Will Trade For Jake Guentzel?

February 24, 2024 at 8:32 pm CDT | by Brennan McClain 22 Comments

Over the last several weeks, Pittsburgh Penguins forward Jake Guentzel has been gaining steam as one of the biggest fishes available at this year’s deadline. Even after suffering an injury that will keep him out until the deadline, plenty of competitive teams remain interested in his services for their playoff push.

In tonight’s edition of ’Saturday Headlines’, Sportsnet’s Elliotte Friedman reported that the Carolina Hurricanes, Edmonton Oilers, Florida Panthers, Vegas Golden Knights, and Vancouver Canucks as specific teams that have checked in with Pittsburgh regarding Guentzel. Of the five teams listed, factoring in available assets and deadline salary cap space, the Hurricanes, Panthers, and Golden Knights strike as the likeliest landing spots if Guentzel does indeed get moved.

In any trade for Guentzel, a first-round pick will undoubtedly need to go back to Pittsburgh, as well as a young prospect. Just yesterday, the General Manager of the Penguins, Kyle Dubas, told the media that Pittsburgh would place a priority on getting younger in any deal that they make. With the Golden Knights and Panthers having Brendan Brisson and Mackie Samoskevich at their disposal, respectively, they are in advantageous positions to give the Penguins what they are looking for.

All-in-all, there is no guarantee that Pittsburgh will move Guentzel at all, as he has created quite a bond with franchise icon Sidney Crosby over the last several years. Owning a projected $17.54MM available to them on July 1st this summer, the Penguins could opt to sign Guentzel to a long-term contract to take over as the face of the franchise once Crosby’s playing days are over.

Now it’s your turn to vote — will any one of these teams deal for Guentzel by March 8th, or will the Penguins decide to keep him around for the long haul?

If you can’t access the poll above, click here to vote.

Polls| Pro Hockey Rumors Originals Jake Guentzel

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