The Pittsburgh Penguins are actively considering trade options for veteran defenseman Erik Karlsson as part of their roster retooling under new head coach Dan Muse. With a $10 million cap hit and two years remaining on his contract, the Penguins' general manager, Kyle Dubas, is exploring the market but faces challenges due to Karlsson's full no-movement clause. However, Karlsson is reportedly willing to waive this clause for a contending team, indicating potential flexibility in his trade prospects.

In an effort to facilitate a deal, the Penguins may retain a portion of Karlsson's salary, utilizing one of their retention slots available this season. Alongside Karlsson, the Penguins are also open to trade discussions involving forwards Rickard Rakell and Bryan Rust, signaling a broader readiness for change. NHL insider Pierre LeBrun confirmed that the front office is listening to offers for most players not considered 'legacy' figures, such as Sidney Crosby or Evgeni Malkin.