Baz Bastien trades
| Boston Bruins acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | cash | November 8, 1982 | Stan Jonathan |  |
| Minnesota North Stars acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | George Ferguson | October 28, 1982 | Anders Hakansson | |
| 1983 1st round pick (#1-Brian Lawton) | Ron Meighan | |||
| 1983 1st round pick (#15-Bob Errey) | ||||
| Montreal Canadiens acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 1985 3rd round pick (#44-Nelson Emerson) | September 15, 1982 | Denis Herron | |
| Minnesota North Stars acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Mark Johnson | March 2, 1982 | 1982 2nd round pick (#38-Tim Hrynewich) | |
| St. Louis Blues acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 1984 8th round pick (#148-Don Porter) | February 14, 1982 | right to claim Gary Edwards off waivers from Blues without having to pay a cash waiver price | |
| Toronto Maple Leafs acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 1983 5th round pick (#83-Dan Hodgson) | February 3, 1982 | Greg Hotham | |
| future considerations (1982 6th round pick (#115-Craig Kales)) | ||||
| Hartford Whalers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Russ Anderson | December 29, 1981 | Rick MacLeish | |
| 1983 8th round pick (#143-Chris Duperron) | ||||
| Pittsburgh Penguins acquire | Date | New York Islanders acquire | ||
|---|---|---|---|---|
| future considerations | September 28, 1981 | Rob Holland |  |
| Toronto Maple Leafs acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| 1982 4th round pick (#73-Vladimir Ruzicka) | September 11, 1981 | Paul Harrison | |
| Edmonton Oilers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Pat Hughes | March 10, 1981 | Pat Price | |
| Hartford Whalers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Gilles Lupien | February 20, 1981 | 1981 6th round pick (#109-Paul Edwards) | |
| Detroit Red Wings acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Gary McAdam | January 8, 1981 | Errol Thompson | |
| Washington Capitals acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 1981 5th round pick (#91-Peter Sidorkiewicz) | January 2, 1981 | Gary Rissling | |
| Toronto Maple Leafs acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Kim Davis | November 18, 1980 | Dave Burrows | |
| Paul Marshall | Paul Gardner | |||
| Montreal Canadiens acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Canadiens option to swap 1983 3rd round picks (#43-Peter Taglianetti) | September 26, 1980 | Gilles Lupien | |
| Canadiens option to swap 1983 3rd round picks (#58-Mike Rowe) | ||||
| St. Louis Blues acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Blair Chapman | November 13, 1979 | Bob Stewart | |
| Montreal Canadiens acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Denis Herron | August 30, 1979 | Rob Holland | |
| 1982 2nd round pick (#31-Jocelyn Gauvreau) | Pat Hughes | |||
| Detroit Red Wings acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Pete Mahovlich | August 3, 1979 | Nick Libett | |
| Winnipeg Jets acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 1980 7th round pick (#135-Mike Lauen) | June 9, 1979 | Jets promise not to claim Kim Clackson as a priority selection from its WHA franchise | |
| Buffalo Sabres acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Dave Schultz | February 6, 1979 | Gary McAdam | |