Pitlick was acquired by Pittsburgh as part of a three-way trade involving San Jose and Montreal that included Erik Karlsson after having six goals, nine assists, 30 SOG, 22 PIMs and a -15 plus/minus through 46 games with Montreal in 2022-23. The 26-year-old joins the Penguins after five NHL seasons with two teams (MTL, NSH) and has 21 goals and 54 points across 123 career NHL games.

Hamaliuk was acquired by Pittsburgh as part of the three-way trade involving San Jose and Montreal that saw superstar Erik Karlsson also land with the Penguins. The 22-year-old left-winger was San Jose's 2019 second-round pick (55th overall) and has yet to make his NHL debut. In 2022-23 he had three goals, nine points and 37 PIMs across 44 games with San Jose (AHL) in his first professional season.

Karlsson was acquired by Pittsburgh as part of a massive blockbuster trade with involves both San Jose and Montreal. The 33-year-old defensemen is fresh off of winning the 2022-23 Norris Trophy after a season which saw him surpass 100+ points for the first time in his career with 25 goals, 76 assists, 209 SOG, 36 PIMs and a -26 plus/minus through 82 games with San Jose last season. The addition of the superstar brings 178 goals and 761 points in 920 games alongside three Norris Trophies to the Penguins' blue line.

Sebrango was a third-round pick in the 2020 NHL Entry Draft and split the 2023 season between Grand Rapids (AHL) and Toledo (ECHL). The 21-year-old was fairly deep on the Red Wings' defensive prospect depth chart, so it's not a huge loss for an organization that has invested a lot of draft capital in defensemen in recent years. During his time in the AHL, Sebrango had five goals and 13 assists (18 points) in 135 games over the last three seasons.

The Senators get an NHL-ready winger to help replace the loss of DeBrincat. Kubalik had a nice 202-23 season, scoring 20 goals with 25 assists (45 points) in 81 games for the Red Wings. However, Kubalik struggled with consistency. He posted 25 points (10G / 15A) in his first 25 games of the season but finished with just 20 points (10G / 10A) in his final 56 games. For now, Kubalik looks like a potential top-6 fit for the Senators but may best as a third-liner with Shane Pinto.

DeBrincat was an RFA that had made it known that he was not interested in re-signing with the Senators. After one season, where he scored 27 goals with 39 assists (66 points) in 82 games, DeBrincat was traded to his hometown team, where he immediately becomes their best goal-scorer and a crucial part of the Red Wings' rebuild. DeBrincat is a two-time 40-goal scorer and has averaged 38 goals and 38 assists (76 points) per 82-games over the last three seasons.

Edmundson has one year left on a contract that carries a $3.5M cap hit. Edmundson will solidify the Capitals' third pair and could be a candidate to skate with John Carlson. Edmundson had 13 points (2G / 11A), 112 hits and 149 blocked shots in 61 games with Montreal last season.

Chicago continues to acquire veteran leadership to help them through this transition period. Perry spent the last two seasons in Tampa, where he had 31 goals and 34 assists (65 points) in 163 games. Perry is a pending UFA, so the Blackhawks must get him under contract before Saturday.

Kostin is an RFA, who was traded to the Oilers last October for Dmitri Samorukov. The 2017 No.31 overall pick, had 11 goals and 10 assists (21 points) in 57 games last season. Kostin is a big body (6-3, 215 lbs) who is not afraid to throw his weight around, averaging 2.8 hits per game in 2022-23.

Yamamoto has one year left on his deal that carries a $3.1M cap hit. The move provides the Oilers with some much-needed cap space and gives the Red Wings added depth on the wing. Yamamoto was the No.22 overall pick in 2017 and has 118 points (50G / 68A) in 244 career games with the Oilers. Most recently, he had 10 goals and 15 assists (25 points) in 58 games during the 2022-23 season.

Smith had 26 goals, 30 assists, 180 SOG, 16 PIMs and a +11 plus/minus through 78 games before helping to lead the Vegas Golden Knights to a Stanley Cup Victory and has been traded Wednesday for a 3rd round draft pick. The 32-year-old was an inaugural member of the Golden Knights after being selected in the expansion draft in 2017. The veteran right-winger joins the Penguins with 200 career NHL goals, 273 assists and a +124 plus/minus through 764 games played.

Colton has been a solid middle-6 forward for the Lightning over the last two seasons, scoring 38 goals with 33 assists (71 points) while compiling 341 hits in 160 games. The Avalanche were in desperate need of bottom-6 help, with J.T. Compher, Lars Eller, Evan Rodrigues, Darren Helm, Matt Nieto and Andrew Cogliano all still unsigned and set to become UFAs on Saturday.

Sharangovich is a pending RFA that had just 30 points (13G / 17A) in 75 games in 2023. Sharangovich saw his minutes drop by over two minutes per game. The 25-year-old will likely play in a bottom-6 role, potentially on a line with Mikael Backlund in 2024.

Toffoli has one year left at $4.25 million and is coming off the best season of his career, posting career-bests in goals (34), assists (39) and points (73) in 82 games. Toffoli could have another 30-30 season playing alongside either Nico Hischier or Jack Hughes.