Hults will forgo his senior season of eligibility after signing with the NHL organization that drafted him back in 2017.
Stevens will be represented by Scott W. Nichols of Rize Management as he turns from a student-athlete to a professional.
"Penn State basketball is on the uprise."
Hippenhammer, who opted to focus on baseball full-time this spring, is reportedly in the NCAA's transfer portal.
"There are a lot bigger things going on in the world than Penn State hockey, but I really do feel for this team. They were really hungry to prove we could go far in the NCAA tournament."
"Being a member of the Penn State men's lacrosse team has been a dream come true ever since day one."