Could Erik Karlsson really be on the move again? NHL insider Chris Johnston has revealed that the Pittsburgh Penguins defenseman is open to waiving his no-movement clause—but only for a few teams he considers Stanley Cup contenders. Johnston dropped this bombshell on The Chris Johnston Show, suggesting that while Karlsson may be tradeable now, the actual deal likely won’t happen until the 2026 NHL trade deadline.
With two years remaining on his hefty contract ($10 million cap hit retained by Pittsburgh), Karlsson’s value is rising for teams seeking offensive punch from the blue line. And while many expect this move to be about clearing cap space, Johnston emphasizes that the Penguins will seek a solid return—especially if they retain salary.
The most intriguing part? Karlsson has reportedly shown interest in a potential move to the Toronto Maple Leafs, making this trade saga one to watch closely as we approach the dog days of summer.
Karlsson Rumors Heating Up, But Trade Likely Near 2026 Deadline
Karlsson’s elite puck-moving skills and offensive upside still make him a coveted asset, especially for contenders looking for a power-play quarterback. Though his contract once looked immovable, the reduced term and potential salary retention now make him a viable trade target.
Don’t expect a summer blockbuster just yet—this storyline is pacing toward the 2026 deadline when playoff-bound teams get desperate and willing to pay premium prices.
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