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The Penguins waive Juuso Riikola and Colton Sceviour as trade deadline nears

The Penguins have made a transaction on Saturday, just about 48 hours ahead of Monday’s NHL trade deadline that could open up some salary space. The team placed forward Colton Sceviour and defenseman Juuso Riikola on waivers.

Juuso Riikola (PIT) and Colton Sceviour (PIT) have been placed on waivers.

— Chris Johnston (@reporterchris) April 10, 2021

What are the reasons as to why they would want do this now? As you might expect, the answer is it opens up more financial flexibility and gives the team options.