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The Pittsburgh Penguins playoff run and 2025-26 season came to an end on Wednesday night with a 1-0 overtime loss to the Philadelphia Flyers. It is a frustrating loss, mostly because the Penguins were the better team for most of the game, including the third period and overtime. It was the third consecutive game in the series where they got better, played better, and seemed to be tilting the ice in their favor. Each game it felt like there was a big breakthrough about to happen, and then they simply ran out of time for it to happen.

If it had gone to a Game 7, you would have had to have liked their chances.

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But there will be no Game 7, and it is not really because of what happened on Wednesday night in Philadelphia.

It is because of what happened in Games 1-3, and specifically in Games 1-2 on home ice.

Those games count just as much as the later games, and in some ways they count even more. When you put yourself into a 3-0 hole, you are leaving yourself with no margin for error the rest of the way. Literally, zero margin. You have to be nearly perfect and get some breaks. The Penguins made it interesting, they made it dramatic, and I have no fault with the way they played to close out the series. They just put themselves in a bad spot. You can not do that if you are going to win in the playoffs.

It also does not negate the positives from the season.

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Like I said on Tuesday, not every season has to end with a championship or a No. 1 overall pick to be meaningful. You can enjoy a fun, unexpected season and walk away from it feeling good. You can appreciate the ride. And this was one hell of a ride that nobody expected when the season began.

Outside of that stretch in December where they lost eight games in a row and blew some unimaginable leads, this team was consistently awesome. Even that ugly stretch of games was important for the storyline because their ability to bounce back from that losing streak, and the way they accumulated some of those losses, was a testament to the mindset they had and showed all year. Nothing phased them. Nothing shook them. Most teams that go down 3-0 fizzle out in four or five games. They were a shot away from a Game 7 on home ice. It is okay to walk away from that feeling good when the season began with the team being labeled as “the only team trying not to win,” and having the third-worst playoff odds in the league.

They also found some dudes for the long haul.

Ben Kindel is a dude and got a taste of what the NHL and playoff hockey are all about.

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Egor Chinakhov looks like a dude. I am not down on his playoff performance that much. It is frustrating he never broke through and found that goal, but he was at least noticeable and in scoring positions.

They found some players that look like they have a chance to stick around. Elmer Soderblom has a place here. Harrison Brunicke is going to be here next season. Sergei Murashov is going to be here next season. Both got a taste of NHL life and gave you a glimpse of what they can do. You should be excited for it. Especially Murashov.

The season did not take on the look or feel that everybody expected, but it was hardly a waste.

Not only do they have more people coming from within, they have an outstanding salary cap situation and tradable assets going into the summer. I have no idea what is going to happen this summer and who it is going to involve, but it is going to be one of the more fascinating offseasons we have seen in a while.

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We have weeks to discuss all of that. For now, let’s just take some quick thoughts on what we just watched in the first round.

1. The Penguins lost this series on the power play

This was the difference and the thing I am going to keep going back to when it comes to where it all went wrong. They had opportunities. They had chances to swing games. And they not only failed to do so, they usually sucked the life out of games and ruined momentum. The two worst examples of it were in Games 1 and 2 and Game 6. In the first two games at home they were barely able to even enter the zone. In Game 2, they missed early opportunities to score the first goal and then gave up a back-breaking shorthanded goal in the third period with a chance to tie the game. In Game 6, they again missed some big opportunities to break through and score the first goal.

Aside from the lack of production, it just never felt like they were particularly close to scoring. The numbers back that up. They generated just 7.73 expected goals per 60 minutes of power play time, 12th among the 16 playoff teams as of Thursday. That number would have ranked 31st in the NHL during the regular season. The Penguins, for that matter, generated 9.19 expected goals per 60 minutes of power play time, 11th most in the NHL.

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Perhaps even more concerning is the fact the Penguins power play ALLOWED 2.30 expected goals per 60 minutes (including a shorthanded goal). That is an appalling number. No other team in the playoffs has allowed more than 1.77. No team in the regular season allowed more than 1.39 per 60 minutes of power play time.

The power play did them in.

It did them in by not scoring enough, by giving up a game-changing and series-changing goal, and by sucking momentum away from them and toward the Flyers.

Too many times in this series it looked like the power play we saw the past few years. Stationary. Not enough chances. Too much perimeter passing. Easily the most disappointing part of the series from a Penguins perspective.

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What a roller coaster of a season this has been. He arrived with the expectation of being a trade chip. He ended up having a career year, scoring 33 goals, setting a career high and leading the team in goals. Then he delivered one of the most underwhelming, no-show playoff appearances I can ever recall from a Penguins player. Non-factor does not even begin to describe this playoff showing from him, and the fact he has now played 20 career playoff games and not scored a single goal is a tough look.

Also a tough look: Flubbing a potential game-winning chance in overtime with a muffin backhand shot, and then standing at the side of the net like it is a regular season practice with your stick on your knees while everybody else digs for the puck.

If opposing general managers really were watching him closely this offseason as a pending unrestricted free agent, he did not do himself any favors.

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What do you do with this guy?

He is still young.

He still has limited NHL experience so the jury is still out on him.

He is a goalie, so trying to project future performance is as useful as trying to predict what the weather is going to do four weeks from now.

He went through stretches this season that made you say, “hey, this guy might be a player.” He went through stretches that made you say, “how is this guy an NHL goalie?” Through all of those stretches his rebound control and puck-playing skills were a constant wild ride.

But man did he deliver in the playoffs when he got his opportunity. As limited as his resume is, he has already developed a reputation as a big-game player and he only built on that over the past three games.

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I will admit that he was the biggest concern that I had in the Penguins ability to make this series or potentially win it. But he played great.

4. The Big Three Era

Sidney Crosby is going to be back, but we have no idea whether or not Evgeni Malkin or Kris Letang will be. If one, or both, of them is not, what a run it has been.

Since the start of the 2005-06 season no team in the NHL has won more playoff games than the Penguins.

No team has been in more Stanley Cup Finals.

Only one team has won as many Stanley Cups.

Hard to find fault with any of this. The best and most successful 20-plus year run in the history of the franchise. These guys were the centerpieces of it all.

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