Charles LeClaire-USA TODAY Sports

Things are beginning to shake loose on the NHL trade market, though the Pittsburgh Penguins trade activity and hopes to improve before the March 3 deadline have as much to do with how much salary they can move as it will who is available.

Tuesday, a Western Conference team executive confirmed to National Hockey Now that Penguins defenseman Jeff Petry has been made available.

“He’s out there,” said the source.

NHN has not been able to verify interested teams, as the source also confirmed Penguins GM Ron Hextall’s well-known desire for confidentiality in such matters.

Petry, 35, has two more seasons after this with a salary cap hit of $6.25 million and is the Penguins second highest paid player behind Sidney Crosby.

The defenseman does have a 15-team no-trade clause.

Hextall targeted the offensive defenseman last summer and dealt LHD Mike Matheson and a fourth-rounder to Montreal for Petry and forward Ryan Poehling.

However, the Penguins have developed greater needs than a competent right-side defenseman and second power-play QB. They need to move significant salary if they hope to bolster their third line, which is statistically one of the worst lines in the league.

The Penguins are currently using their LTIR pool with 14 forwards and seven defensemen.

Petry has been solid but not especially impactful with the Penguins. In 40 games, the right-defenseman has 19 points, including three goals.

Penguins right-defenseman Jan Rutta, also capable of second-pair minutes, is close to returning to the team after missing more than a month with an upper-body injury.

Moving Petry would likely clear enough salary for at least one Penguins trade, large or small, to bolster the Penguins’ maligned third line or other needs. Still, few teams have the cap space to accept Petry’s salary without sending a significant salary the other way.

More must-reads:

TODAY'S BEST
Oilers crush Panthers in Game 4, stay alive in Stanley Cup Final
Dodgers ace leaves game against Royals due to triceps tightness
Sam Mayer uses overtime restart to win Xfinity Series' return to Iowa
Liberty forward pushes herself into MVP conversation with big game vs. Aces
Tiger Woods makes big admission about his U.S. Open future
Cubs P 'Mike' Imanaga continues hot start vs. Cardinals
Celtics' All-Defensive guard reportedly could replace Kawhi Leonard on Team USA
Tee Higgins' contract decision adds pressure on Bengals in 2024
One-time Defensive Player of the Year open to reunion with former team
College baseball has become too regional for its own good
Three Padres prospects who should be untouchable in trade talks
Connor McDavid's history-making night helps Oilers stave off elimination
Astros scratch Justin Verlander as nightmare season continues
Watch: Oilers chase goaltender Sergei Bobrovsky from Game 4
Watch: Rockies third baseman takes advantage of Pirates laziness' to steal home
Pirates place young catcher on concussion IL
Watch: Game 4 of Stanley Cup Final gets off to chaotic start
Rockies 1B, former NL MVP diagnosed with internal oblique strain
NBA insider shares update on J.J. Redick's candidacy for Lakers HC job
Nationals hurler DJ Herz makes impressive history in third career start