Jake Guentzel trade: Players included, picks exchanged and more details from Penguins-Hurricanes trade

The Carolina Hurricanes have struck a deal with the Pittsburgh Penguins, acquiring forward Jake Guentzel and defenseman Ty Smith. In return, the Penguins receive Michael Bunting, along with prospects Ville Koivunen, Vasili Ponomarev, and Cruz Lucius. Additionally, Carolina will part with a 2024 conditional first-round pick and a 2024 conditional fifth-round pick.

However, conditions apply to the draft picks involved. If Carolina fails to reach the Stanley Cup Final in 2024, the Penguins will receive Philadelphia’s second-round pick from Carolina instead of the first-round pick. Similarly, if Carolina does not secure the Stanley Cup in 2024, the Penguins will not obtain the Hurricanes' fifth-round pick.

Before­ getting injured on February 14, Guentze­l, the 29-year-old winger, had some great score­s. He was pushing towards 36 goals and 85 points. Before his injury, Guentzel scored 22 goals and adde­d 52 points in 50 games. Notably, Jake Guentzel contributed to the Penguins' Stanley Cup victory in the 2016-17 season.

Additionally, the Penguins will retain 25 percent of Guentzel's salary in this trade.

Full trade:

Pittsburgh trades Jake Guentzel (25% retained)

Ty Smith to Carolina in exchange for Michael Bunting, Ville Koivunen, Vasili Ponomarev, Cruz Lucius

Carolina’s 1st-round pick in 2024 (Conditional)

Carolina’s 5th-round pick in 2024 (Conditional).

Deciphering the Penguins' Decision: Why Guentzel Was Traded

The Penguins traded Guentzel due to multiple factors: age, contract negotiations, and strategic planning. GM Kyle Dubas reportedly faced pressure to make significant moves with the team struggling on the ice. Guentzel's contract situation added complexity; despite hopes for an extension, negotiations never materialized.

Dubas recognized the risk of committing long-term to a player approaching 30, especially considering the team's roster dynamics. Many key players were already in their 30s, complicating future trades. While Guentzel may have been willing to accept a lesser deal, analysts believe it likely would have included a no-movement clause, further limiting flexibility.

Guentze­l's trade provided an opportunity for the te­am to gather resources for future­ prospects, considering Sidney Crosby's waning years.