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Penguins Acquire Oliver Okuliar as Panthers Receive Emil Pieniniemi

Pittsburgh picked up the rights to a recent SHL champion who the team has since signed to a one-year, two-way contract.

Overview

  • The trade, announced Saturday, June 13, sent 21-year-old defenseman Emil Pieniniemi to the Florida Panthers in exchange for the rights to 26-year-old forward Oliver Okuliar.
  • Pittsburgh signed Okuliar to a one-year, two-way deal on Monday, June 15, after acquiring his rights from Florida, signaling the club wants to bring him back to North America.
  • Okuliar had 15 goals and 29 points in 46 regular-season SHL games and added six goals and 13 points in the playoffs while scoring the clinching goal as Skellefteå won the league title; he also played for Slovakia at the 2026 Olympics and World Championship.
  • Pieniniemi was a third-round pick in 2023, has two seasons left on his entry-level contract with a sub-$1 million cap hit, and spent 2025–26 between the ECHL and AHL after an early-season refusal of an ECHL assignment led to an indefinite suspension that was later lifted.
  • Coverage frames the swap as a low-risk depth move that gives each player a fresh start, with Pittsburgh likely to test Okuliar in training camp and Florida adding a young, cost-controlled defense prospect to its system.