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(PIT/MTL/SJS) - Granlund, Rutta, Petry, DeSmith, Légaré, 2024 1st (PIT), 2025 2nd (PIT) for Pitlick, Hoffman for Karlsson, Hamaliuk, 2026 3rd (SJS)

Who won the trade?
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Aug. 6, 2023 at 11:47 a.m.
#1
Trade confirmed: Montreal Canadiens - Pittsburgh Penguins - San Jose Sharks
Trade Details
Pittsburgh Penguins Acquire:
Logo of the Pittsburgh Penguins
From SJS:
Erik Karlsson ($1,500,000 retained - 13%) · $10,000,000$10,000,000$10,000,000
Dillon Hamaliuk · $0$789,167$70,000 (AHL/JR)
2026 3rd round pick (SJS)
From MTL:
Rem Pitlick · $1,100,000$1,100,000$1,100,000
Sum: $11,100,000$11,889,167$11,170,000
Change: -$3,137,500
Change: -$3,137,500
Change: -$4,925,000
San Jose Sharks Acquire:
Logo of the San Jose Sharks
From MTL:
Mike Hoffman · $4,500,000$4,500,000$5,000,000
From PIT:
Mikael Granlund · $5,000,000$5,000,000$6,000,000
Jan Rutta · $2,750,000$2,750,000$2,500,000
2024 1st round pick (PIT - #14) [Conditional]*
*Conditions: Top 10 protected
Sum: $12,250,000$12,250,000$13,500,000
Change: +$2,250,000
Change: +$1,460,833
Change: +$3,430,000
Montreal Canadiens Acquire:
Logo of the Montreal Canadiens
From PIT:
Jeff Petry ($1,562,500 retained - 25%) · $4,687,500$4,687,500$5,625,000
Casey DeSmith · $1,800,000$1,800,000$1,900,000
Nathan Légaré · $0$789,167$70,000 (AHL/JR)
2025 2nd round pick (PIT)
Sum: $6,487,500$7,276,667$7,595,000
Change: +$887,500
Change: +$1,676,667
Change: +$1,495,000
Aug. 6, 2023 at 11:47 a.m.
#2
SevenLeg
Hop on the Slaftrain
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Oh he's back
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Aug. 6, 2023 at 11:48 a.m.
#3
Devil
Speak of the Devil
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Quoting: SevenLeg
Oh he's back


Sharks legend Mike Hoffman
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Aug. 6, 2023 at 11:48 a.m.
#4
zbrach
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Unreal trade all the way around. Pittsburgh sheds some bad contracts and picks up Karlsson without giving up any major assets. Clear win for PIT right now.
Louie, Tintin, Elmo21 and 23 others liked this.
Aug. 6, 2023 at 11:48 a.m.
#5
SevenLeg
Hop on the Slaftrain
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Quoting: Devil
Sharks legend Mike Hoffman


Hoffman and Karlsson continue to be linked to each other
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Aug. 6, 2023 at 11:49 a.m.
#6
Aebexz
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Brilliantly done by Dubas!🫡
Elmo21, gretzkyghosts, Grabo86 and 12 others liked this.
Aug. 6, 2023 at 11:49 a.m.
#7
Angusc
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I say the Pens win this one, but depends on if he can repeat his 100 point season
Elmo21, Aebexz, gretzkyghosts and 5 others liked this.
Aug. 6, 2023 at 11:49 a.m.
#8
A_Habs_fan
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I love this for Montreal, San Jose meh, Pittsburgh meh
Caufield, GeraltofRivia, Chabotrrorr and 4 others liked this.
Aug. 6, 2023 at 11:49 a.m.
#9
NorthernLeafsFan05
Amirov Forever
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I cannot understand this trade for the life of me. I get Pittsburgh wants to compete with their window rapidly closing, but this is going to get bad quick. The money San Jose retained on EK65 is the same amount that Pittsburgh retained on Petry, so thats a wash. The Pens really didnt have to give up a whole bunch, but I just cant see EK65 repeating his 22 / 23 season. Pittsburgh obviously wins in the now, but that contract is going to SUCK in a year or two.

Don't get me wrong, I am excited to watch Karlsson with Crosby, Malkin, and Letang based on nostalgia alone, but I dont think this was good for either team. Especially San Jose lol. Somehow the Habs came out really well here, not sure how Hughes managed to pull that one off
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Aug. 6, 2023 at 11:49 a.m.
#10
KSIxSKULLS
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Montreal = Get rid of Hoffman, Get rid of Pitlick, get a 2nd in 2025 + get a decent top 4 option retained, also pick up a decent young AHL player. Honestly they make out the best short term and long term in this trade.
Pittsburgh = Give up a 1st round pick for Karlsson, and a 2nd + Desmith + Petry + Legare. Paid a price to dump salary, but get the best Offensive Defensemen in the NHL for dirt cheap. Short Term W, Long term Yikes
San Jose = Eat salary and give up the best offensive player in the NHL for a top 10 protected pick? Yikes
Aebexz, Louie, CBA and 16 others liked this.
Aug. 6, 2023 at 11:50 a.m.
#11
NARC311
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With all the contract dumps (including Karlsson's terrible deal) this seems pretty fair all around
Aug. 6, 2023 at 11:51 a.m.
#12
LaffsFan
Big Dawg JT
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Edited Aug. 6, 2023 at 1:22 p.m.
The thing FINALLY HAPPENED
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Aug. 6, 2023 at 11:51 a.m.
#13
Kyle_Davidson
Kyle from Chicago
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IMO SJS got fleeced, but I understand how difficult it can be reacquiring a franchise legend like Mike Hoffman.
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Aug. 6, 2023 at 11:51 a.m.
#14
HolyJumpin81
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Bad return for the Sharks imo wow
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Aug. 6, 2023 at 11:52 a.m.
#15
Devil
Speak of the Devil
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How does this affect the Leafs
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Aug. 6, 2023 at 11:52 a.m.
#16
AStovetop
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Wins and loses for every side here. Fair deal all around.

Specifically for SJ the fact only 1.5 is retained is pretty insane. Still got their First, and Hoffman could get a 2nd at the deadline with a decent season. Not a huge haul, but I really didn't like Pitts prospects so I'm not broken up about not getting any of them
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Aug. 6, 2023 at 11:52 a.m.
#17
Missouri
Retired V2 V3 GM
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Lol anyone that thought we were paying a 1st, 2nd, and 3rd to move granlund can take a good look in the mirror. This is an amazing trade for us! Dubai undid all the mess Hextall made. Wow is it nice to have a REAL GM and not a mess of a former Flyer.
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Aug. 6, 2023 at 11:52 a.m.
#18
DrouinYermom
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Habs dub here.

Hoffman was going to be put on waivers, as was Pitlick
Petry should be much easier to trade now that 25% was retained and that $3M signing bonus was paid by Pittsburgh
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Aug. 6, 2023 at 11:52 a.m.
#19
BruinsGM37
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Wow what a deal. The East is going to be a dog fight this year
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Aug. 6, 2023 at 11:52 a.m.
#20
GenericUsername489
GenericUsername489
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This trade makes no sense and I'm here for it!
Saskleaf liked this.
Aug. 6, 2023 at 11:53 a.m.
#21
CameronSquires
McMann Season
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Quoting: CapFriendly
Trade confirmed: [url=/teams/canadiens]Montreal Canadiens[/url] - [url=/teams/penguins]Pittsburgh Penguins[/url] - [url=/teams/sharks]San Jose Sharks[/url]


Finally… we can put the EK to Toronto trades to rest
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Aug. 6, 2023 at 11:54 a.m.
#22
Aebexz
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Quoting: NorthernLeafsFan05
I cannot understand this trade for the life of me. I get Pittsburgh wants to compete with their window rapidly closing, but this is going to get bad quick. The money San Jose retained on EK65 is the same amount that Pittsburgh retained on Petry, so thats a wash. The Pens really didnt have to give up a whole bunch, but I just cant see EK65 repeating his 22 / 23 season. Pittsburgh obviously wins in the now, but that contract is going to SUCK in a year or two.

Don't get me wrong, I am excited to watch Karlsson with Crosby, Malkin, and Letang based on nostalgia alone, but I dont think this was good for either team. Especially San Jose lol. Somehow the Habs came out really well here, not sure how Hughes managed to pull that one off lol

Montreal had a lot of leverage considering San José and Pittsburgh couldn’t make the trade alone. Petry needed to leave and he had a 15 team NMC. Regarding Erik Karlsson, the Penguins traded for a ppg defenseman not a 100+ defenseman. Regression is to be expected but he’s been given way better teammates and he’s been able to stay healthy for yet another season. I can see him producing 80+ this season and help them reach playoffs
OldNYIfan liked this.
Aug. 6, 2023 at 11:57 a.m.
#23
Elmo21
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DUBAS FLEECE!
Oldest team in hockey.
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Aug. 6, 2023 at 11:58 a.m.
#24
Aebexz
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Quoting: KSIxSKULLS
Montreal = Get rid of Hoffman, Get rid of Pitlick, get a 2nd in 2025 + get a decent top 4 option retained, also pick up a decent young AHL player. Honestly they make out the best short term and long term in this trade.
Pittsburgh = Give up a 1st round pick for Karlsson, and a 2nd + Desmith + Petry + Legare. Paid a price to dump salary, but get the best Offensive Defensemen in the NHL for dirt cheap. Short Term W, Long term Yikes
San Jose = Eat salary and give up the best offensive player in the NHL for a top 10 protected pick? Yikes

San José had no leverage. They want to be bad and this trade enables that. Getting a top 2-3 pick is worth a lot more to them than getting a 4-8 selection. They also get 3 potential trade assets if they have a good season which could fetch them a couple of thirds or seconds
AStovetop, KSIxSKULLS and Jeff902 liked this.
Aug. 6, 2023 at 11:59 a.m.
#25
Leafsfan98
Leafs going to Leafs
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Quoting: Devil
How does this affect the Leafs


No more Nylander for Karlsson trades
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