Penguins Face Critical Decisions on Veteran Stars as Offseason Winds Down

July 5, 2024

Unless they make a trade or additional smaller free agent signings, which remains possible, it appears the Pittsburgh Penguins have largely completed their offseason acquisitions without major splashes, signaling a shift toward a more long-term strategy.

Next on their agenda is determining the future of several players entering the final year of their contracts and eligible for extensions. Excluding those signed to one-year deals this offseason, let’s assess what the Penguins could—and perhaps should—do with these players:

Sidney Crosby: Re-sign
The Penguins’ captain remains the most prominent pending free agent. While negotiations didn’t result in a new contract by July 1, the expectation remains that Crosby will re-sign, given his enduring elite performance and significant role in the team’s history.

Marcus Pettersson: Consider Trading
Pettersson stands out as one of the Penguins’ top defensemen and a valuable trade asset. At just under 30 years old, he offers strong defensive skills, making him attractive to other teams in need of defensive depth. His contract, which includes a limited no-trade clause, could fetch a solid return in the market.

Lars Eller: Explore Trade Options
A seasoned defensive center, Eller has proven his worth but, at 35, lacks long-term prospects with the Penguins. His affordability and solid performance could attract interest from other teams seeking experienced depth, potentially yielding a valuable draft pick in return.

Drew O’Connor: Re-sign
Despite not being a core player, O’Connor has shown promise with a development trajectory suggesting middle-six potential. His youth and ability to contribute goals make him a reasonable re-signing to bolster the Penguins’ roster depth.

Jesse Puljujarvi: Evaluate During Season
Puljujarvi, while not expected to become a star, possesses defensive strengths and play-driving abilities that warrant further evaluation during the upcoming season. The Penguins will use this time to assess his fit and potential role moving forward.

Matt Nieto: Consider Trading or Allow to Walk
With a minimal salary cap hit for the upcoming season, Nieto offers little reason for the Penguins to retain him beyond potential trade value. If no suitable trade materializes, allowing him to explore free agency at the end of his contract year may be the pragmatic choice.

The Penguins’ decisions regarding these players will significantly influence their roster composition and strategic direction in the coming season.

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