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Penguins’ Erik Karlsson Trade Update Depends On 1 Choice

The Pittsburgh Penguins have a fascinating roster mix of young and old. They’ve obviously got their all-time great trio of Sidney Crosby, Evgeni Malkin and Kris Letang. They’ve also got an on-the-rise young core that has to make them feel…

Published: Tuesday, 27 October 2026 at 3:43 PM
Penguins’ Erik Karlsson Trade Update Depends On 1 Choice
Key Things to Know
  • A potential Erik Karlsson trade depends entirely on whether the defenseman decides to waive his full no-movement clause.
  • The Athletic's Chris Johnston placed the 36-year-old Pittsburgh Penguins defenseman on his updated trade board.
  • Karlsson carries a $10 million cap hit and is scheduled to become an unrestricted free agent after the season.
The Story in 60 Seconds

Any potential Pittsburgh Penguins trade involving defenseman Erik Karlsson hinges entirely on the player's personal decision, according to reporting highlighted by Billy Heyen. The Athletic's Chris Johnston added Karlsson to his trade board as an intriguing in-season candidate. However, Karlsson holds a full no-movement clause and would have to approve any transaction before Pittsburgh could execute a move.

Karlsson is set to become an unrestricted free agent after the season and carries a $10 million cap hit. Heyen notes that the 36-year-old defenseman may seek a change of scenery as the Penguins balance their veteran core with emerging young talent, though Pittsburgh might need to retain salary to facilitate a deal.

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