Penguins goaltender Tristan Jarry reportedly generating trade interest

What a difference a year can make. According to ESPN’s Kevin Weekes, Pittsburgh Penguins’ netminder Tristan Jarry is drawing trade interest from around the league. Unsurprisingly, Weekes lists the Edmonton Oilers as the primary suitor.

Last season, few would have believed that Jarry would become anything other than a likely salary dump. In the second year of his five-year, $26.88M contract, Jarry managed a 16-12-6 record in 36 games with a .892 SV% and 3.12 GAA. Additionally, according to MoneyPuck, Jarry was ranked 35th (among goalies that played in 30 or more games) in Goals Saved Above Expected (GSAE) with a -4.7 mark.

Due to a combination of conditioning loans and waiver placements, all signs indicated that Pittsburgh’s relationship with Jarry was coming to an end. However, due to his poor performance, Jarry had little to no value on the trade market.

However, much like the Penguins as a whole, the 10-year veteran goaltender has appeared to turn a corner, albeit in a small sample size. Before missing the team’s last seven games due to an injury, Jarry had earned a 5-2-0 record in seven starts with a .911 SV% and 2.60 GAA. In terms of his GSAE, he has already overcome last year’s performance, producing a 4.8 according to MoneyPuck.

Unfortunately, as much as the Oilers may be interested in adding Jarry, there may be too many obstacles to overcome. For starters, Jarry’s $5.375M cap hit is $1.775M more than Edmonton is paying Stuart Skinner and Calvin Pickard combined. The Oilers will assuredly need to match salary, given that they’re currently $159K under the upper limit of the salary cap.

The one obstacle that could be easily overcome is Jarry’s 12-team no-trade clause. Although they haven’t gotten off to a positive start to the 2025-26 campaign, Edmonton has won back-to-back Western Conference Finals and is objectively far closer to contention than the Penguins. Additionally, although he’s a native of British Columbia, Jarry spent his Major Junior days with the WHL’s Edmonton Oil Kings.

Regardless, given how he has performed up to this point of the season, it would be foolish for Pittsburgh to isolate Jarry’s market to just the Oilers. Teams such as the Montreal Canadiens, Utah Mammoth, and Carolina Hurricanes could all enhance their goaltending depth and have a far better financial outlook than the Oilers.