The Pittsburgh Penguins have acquired star defenseman Erik Karlsson from San Jose Sharks in a blockbuster Three-Team Trade involving the Penguins – Sharks – Canadiens:

Pittsburgh Receives: Defenseman Erik Karlsson, Forward Rem Pilick, Forward Dillon Hamaliuk and San Jose’s 2026 third round pick

San Jose Receives: Pittsburgh’s 2024 First-Round Pick, Forward Mikael Granlund, Defenseman Jan Rutta and Forward Mike Hoffman

Montreal Receives: Pittsburgh’s 2025 Second-Round Pick, Defenseman Jeff Petry, Goaltender Casey DeSmith and Forward Nathan Legare. (Pittsburgh retains $1.56 million of Jeff Petry’s $6.25 Million cap hit for the next two seasons).

TRADE BUZZ: As the Penguins unloaded Mikael Granlund, Jeff Petry, Jan Rutta and Casey DeSmith to complete the trade, Pittsburgh will take on To read this insider news, subscribe to get “Inside Access”!