Ray Shero trades
| Toronto Maple Leafs acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 2008 2nd round pick (#60-Jimmy Hayes) | February 26, 2008 | Hal Gill |  |
| 2009 5th round pick (#150-Andy (Grandson) Bathgate) | ||||
| Atlanta Thrashers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Colby Armstrong | February 26, 2008 | Pascal Dupuis | |
| Erik Christensen | Marian Hossa | |||
| Angelo Esposito | ||||
| 2008 1st round pick (#29-Daultan Leveille) | ||||
| Carolina Hurricanes acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Joe Jensen | January 31, 2008 | David Gove | |
| Anaheim Ducks acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Stephen Dixon | June 23, 2007 | Tim Brent | |
| Atlanta Thrashers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| Chris Thorburn | June 22, 2007 | 2007 3rd round pick (#78-Robert Bortuzzo) | |
| Florida Panthers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Noah Welch | February 27, 2007 | Gary Roberts | |
| Florida Panthers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| 2007 4th round pick (#101-Matt Rust) | February 27, 2007 | Joel Kwiatkowski | |
| Arizona Coyotes acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Daniel Carcillo | February 27, 2007 | Georges Laraque | |
| 2008 3rd round pick (#90-Tomas Kundratek) | ||||
| San Jose Sharks acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 2007 7th round pick (#201-Justin Braun) | February 27, 2007 | Nolan Schaefer | |
| Minnesota Wild acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Dominic Moore | February 27, 2007 | 2007 3rd round pick (#80-Casey Pierro-Zabotel) | |
| Boston Bruins acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | future considerations | December 19, 2006 | Wade Brookbank | |
| San Jose Sharks acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| 2007 2nd round pick (#41-Kevin Marshall) | July 20, 2006 | Patrick Ehelechner | |
| Nils Ekman | ||||
| Nashville Predators acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | 2007 3rd round pick (#81-Ryan Thang) | July 19, 2006 | Libor Pivko | |
| rights to Dominic Moore | ||||
| Florida Panthers acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
| 2006 4th round pick (#116-Derrick Lapoint) | June 24, 2006 | 2007 4th round pick (#101-Matt Rust) | |