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Penguins Trade: Pens Clear Salary, Deal Bjugstad to Wild

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Pittsburgh Penguins trade chip nick bjugstad pittsburgh penguins

The Pittsburgh Penguins found some salary-cap relief from an old friend on Friday evening with the Penguins trade of center Nick Bjugstad and his $4.1 million salary to the Minnesota Wild. The Penguins received a conditional seventh-round pick.

Update: The pick is a 2021 selection.

Update 2: Per Frank Seravalli of TSN, the Penguins also held back part of Bjugstad’s salary. A high-level source with direct knowledge of the deal initially declined to specify the amount, however, it was reported the Penguins retained the NHL maximum 50%, which is $2.05 million. The seventh-round pick is transferred if Bjugstad plays in 70 games or scores 35 pts next season.

Not only is Minnesota GM Bill Guerin a former Penguins AGM and player, but Bjugstad, 28, is a Minnesota native. Bjugstad resides in Minnesota and had spinal surgery in May at the May Clinic in Minneapolis. He also played three seasons of college hockey at the University of Minnesota.

Upon his arrival in Pittsburgh, the Bjugstad laughed with PHN about having to remember how to drive in the snow after playing six-and-a-half seasons with the Florida Panthers.

In his seven-year NHL career, Nick Bjugstad has played 439 games but played only 13 games last season as a sports hernia, and apparent rehab setbacks kept him off the ice. Though the Penguins never confirmed Bjugstad suffered setbacks, he stopped skating in January after he appeared close to a return.

Bjugstad played only 45 games since the Penguins acquired him and Jared McCann as part of the Derrick Brassard trade on Feb. 1, 2019. Bjugstad scored 10 goals and six assists in that time.

The conditions of the pick, as of 8 p.m., were also not released.

The Pittsburgh Penguins trade was necessary to free salary, as the team had only $6.9 million in salary-cap space but has several restricted free agents, including goalies Matt Murray and Tristan Jarry, and forwards Jared McCann and Dominik Simon.

Penguins GM Jim Rutherford and Guerin hooked up on the Penguins trade for Jason Zucker in January, too. The Bjugstad trade may clear enough space to sign McCann and keep an expensive veteran, such as Patric Hornqvist, who makes $5.3 million.

The Penguins trade could also free the Penguins and Rutherford to accept an NHL salary in return as part of the expected Matt Murray trade.

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Pittsburgh Hockey Now owner, formerly 93.7 The Fan, Sportsnet Hockey Tonight. Catch Dan tweeting @theDanKingerski and the official @pghhockeynow account.

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Iwasiam
13 days ago

Bjugstad upon hearing he was traded tore his ACL and will be out for the season….good riddance

Katz
Katz
13 days ago

Dan can you run through the pathway of the trade for Bjugstad and McCan for Brassard including the assets traded for Brassard? Is it basically Reaves+ Cole + Filip Gustavsson + 1st Round pick for Brassard. Then Brassard Traded to Florida for Sheehan and Bjugstad . So Pittsburgh basically has McCann for Reaves, Cole, Gustavsson and a 1st Round pick? And Pgh gets a 2021 7th Round pick and Pgh retains $2.05 million Oy Vey. And Rutherford is a HOF GM right? I sound cynical because I am , not criticizing the deal itself but the sh@t$how leading up to… Read more »

Web1350
13 days ago
Reply to  Katz

Now that you’ve broken that down, I’m suddenly nauseous. As they say, sometime the best deals are the ones you don’t make.

Steven Pavlik
Steven Pavlik
13 days ago
Reply to  Katz

GMJR… God, what has he done…

Also, Oskar Sundqvist (14 goals in 2018-19 and 12 goals in 2019-20) was traded for Reaves along with a first round pick. Sundqvist also contributed 4 goals and 5 assists during the Blues cup run.

GMJR has been getting badly beaten in trades after the 2017 cup, save for the John Marino heist.

Last edited 13 days ago by Steven Pavlik
Jay95
Jay95
13 days ago
Reply to  Katz

The only caveat to this is that, honestly, the Brassard trade at the time wasn’t bad. He just fell off of a cliff out of nowhere.

That said, the trade to get Reeves was AWFUL!

Katz
Katz
12 days ago
Reply to  Dan Kingerski

Rutherford’s impetuousness and irrational compulsion to add Brassard put the Penguins in quicksand, from which Rutherford has been trying to escape.

Fixed it for you.

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