The team will attend the White House ceremony this year after winning its second consecutive Stanley Cup.
In the statement, the Penguins said they “respect the institution of the Office of the President, and the long tradition of championship teams visiting the White House.”
The team said it respects the rights of other individuals and groups to express themselves, but there are other ways to protest.
“Any agreement or disagreement with a president's politics, policies or agenda can be expressed in other ways,” the statement said.
Trump rescinded an invitation to the Golden State Warriors, who won the NBA championship this year. The North Carolina Tar Heels who won the NCAA men’s basketball championship this spring declined an invitation, citing schedule conflicts.