Rob Holland trades
| Pittsburgh Penguins acquire | Date | New York Islanders acquire | ||
|---|---|---|---|---|
 | future considerations | September 28, 1981 | Rob Holland |  |
| Montreal Canadiens acquire | Date | Pittsburgh Penguins acquire | ||
|---|---|---|---|---|
 | Denis Herron | August 30, 1979 | Rob Holland | |
| 1982 2nd round pick (#31-Jocelyn Gauvreau) | Pat Hughes | |||