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Massive blockbuster trade involving three teams

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Austin Sabourin
August 6, 2023  (11:53)
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In a long-awaited move, a significant trade has finally come to fruition this morning. According to Sheng Peng of San Jose Hockey Now, the San Jose Sharks' Erik Karlsson is set to join the Pittsburgh Penguins, with the Montreal Canadiens facilitating the financial aspect of the deal.

The challenge surrounding this trade was always Karlsson's hefty contract, valued at 11 million dollars over the next four seasons. However, the Penguins, a team in playoff contention, recognize Karlsson's undeniable talents and have taken the bold step to acquire him.

While the full trade details are yet to be revealed, what we know so far is that Mikael Granlund will be sent back to the Sharks, and Jeff Petry will head to the Canadiens. Acting as the third party in the trade, the Canadiens may receive additional assets and potentially retain a portion of Karlsson's contract.

At 33 years old, Karlsson is coming off a resurgent year in his career, winning the Norris Trophy. His arrival in Pittsburgh is expected to significantly bolster the team's offensive capabilities. However, the Penguins are taking a calculated risk, as they seek to bounce back from their first season without a playoff berth since 2006. General Manager Kyle Dubas is betting that Karlsson's impact can propel them back into playoff contention.

Moments ago, Frank Seravalli revealed the full trade details, involving Pittsburgh parting ways with Casey DeSmith, Mikael Granlund, Jeff Petry, and a first-round pick. The deal will involve players heading to both Montreal and San Jose to ensure financial feasibility.

The hockey world is abuzz with this blockbuster trade, and all eyes will be on Erik Karlsson as he embarks on this new chapter in his career, aiming to make a resounding impact on the Pittsburgh Penguins.

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