Karlsson says he hasn’t been asked to waive a full no-movement clause in his contract ahead of the March 7 deadline.

Karlsson, 34, has two years remaining beyond 2024-25 on an eight-year contract that pays him $11.5 million annually and has a full no-movement clause. The Penguins are paying $10 million of Karlsson's contract, as $1.5 million was retained by the San Jose Sharks in the blockbuster trade that sent Karlsson to Pittsburgh on Aug. 6, 2023.

The Penguins have already made a couple of moves this week as the deadline looms, and from what I'm hearing, they aren't done yet.

When the Pittsburgh Penguins acquired Erik Karlsson ahead of the 2023-24 season, it seemed like he would be a key piece of an organization looking for one more

Which NHL teams might trade for Pittsburgh Penguins defenseman Erik Karlsson? Here are three teams that make sense to make a move for the offensive defenseman.

As the Penguins continue to fade away in the Eastern Conference, general manager Kyle Dubas could be open to trading Erik Karlsson.

Pittsburgh Penguins GM Kyle Dubas added to his collection of draft picks at the deadline. The Penguins are up to 30 picks over the next three drafts, and they probably won’t be the ones making all of those picks.

Trade Deadline Fallout: Rangers, Senators, Predators, Canucks, Blackhawks, Islanders, and Oilers The Penguins may also try to shed the contracts of goaltender Tristan Jarry and defenseman Ryan Graves. If they moved all three, that is almost 20 percent of the cap.

If the Penguins decide to move on from Erik Karlsson, here are two teams that could come in for him at the 2025 NHL Trade Deadline.

Things get questionable, however, when the topic of Erik Karlsson pops up. His experiment in Pittsburgh hasn’t gone as planned and the future Hall of Famer deserves a chance at a Stanley Cup.