New York Rangers Acquire: Riley Smith

Pittsburgh Penguins Acquire: 2027 2nd-Round Pick, 2025 5th-Round Pick, Retain $1.25 Million of Smith’s $5 Million Cap Hit

Free Agency Signings (NHL Level): Defenseman Matt Grzelcyk 1 year, $2.75 Million | Forward Anthony Beauvillier 1 Year, $1.25 Million

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Draft Picks Next Three Seasons

2025 (8) | Round 1 (PIT), Round 2 (STL), Round 3 (PIT), Round 4 (PIT), Round 5 (PIT, NYR), Round 6 (PIT), Round 7 (PIT)

2026 (7) | Round 1 (PIT), Round 2 (PIT), Round 3 (PIT, SJS), Round (PIT), Round 5 (PIT), Round 7 (PIT)

2027 (9) | Round 1 (PIT), Round 2 (PIT, NYR), Round 3 (PIT), Round 4 (PIT, NYR), Round 5 (PIT), Round 6 (PIT), Round 7 (PIT)