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3w ago

Penguins Re-Sign Evgeni Malkin to One-Year, $5.5M Deal

The bonus-heavy contract reportedly includes a no-movement clause, preserving veteran leadership while leaving the club significant cap space for summer roster moves.

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Pittsburgh Penguins center Evgeni Malkin reacts after his goal against the Colorado Avalanche (Ron Chenoy-Imagn Images)
Apr 27, 2026; Pittsburgh, Pennsylvania, USA; Pittsburgh Penguins center Evgeni Malkin (71) skates up ice with the puck against the Philadelphia Flyers during the third period in game five of the first round of the 2026 Stanley Cup Playoffs at PPG Paints Arena. Mandatory Credit: Charles LeClaire-Imagn Images

Overview

  • The Pittsburgh Penguins announced on Tuesday that Evgeni Malkin has signed a one-year extension for the 2026–27 season with a $5.5 million average annual value.
  • Multiple outlets report the deal is bonus-heavy and contains a no-movement clause, with published breakdowns that could add up to roughly $3.5 million in performance and signing bonuses.
  • Malkin returns for a 21st season after a resurgent 2025–26 in which he scored 19 goals and 42 assists for 61 points in 56 games and added postseason points in the first-round loss.
  • General manager Kyle Dubas said the team expects Malkin to provide on-ice production and off-ice leadership, keeping him alongside Sidney Crosby and Kris Letang in the club’s veteran core.
  • PuckPedia projections cited across outlets show the Penguins with about $37 million in projected cap space after the signing, a figure that frames upcoming decisions on other free agents and the team’s goaltending plans.