Malkin Signs One-Year Extension Worth $5.5 Million

Malkin Signs One-Year Extension Worth $5.5 Million

malkin is staying with Pittsburgh for another season. The Penguins re-signed Evgeni Malkin to a one-year contract extension worth an average annual value of $5.5 million through the 2026-27 campaign.

Pittsburgh Keeps Malkin

The move keeps one of the franchise’s defining players in place after 20 NHL seasons with the Penguins. Only Sidney Crosby has played more seasons in a Penguins sweater, and Malkin has spent every year of his career in Pittsburgh since being drafted second overall in 2004.

His resume is built on production and trophies. He has three Stanley Cup championships, won in 2009, 2016 and 2017, and ranks second in team history with 1,269 games played. He is also third in Penguins history in goals with 533, assists with 874, points with 1,407 and power-play goals with 187.

Malkin’s Numbers Stack Up

The extension also extends a career that has stayed at a high level for a long stretch. Malkin is a seven-time NHL All-Star, won the Calder Trophy in 2007, captured two Art Ross Trophies in 2009 and 2012, and added the Hart Trophy, Ted Lindsay Award and Conn Smythe Trophy in 2012 and 2009.

He has also delivered at the biggest moments. Malkin posted 36 points in the 2009 Stanley Cup Playoffs, including 14 goals and 22 assists, and became the fourth-youngest Conn Smythe winner in NHL history at 22 years, 10 months. In 2017, he led the NHL in playoff scoring with 28 points in 25 games.

His place in the record book keeps growing. Malkin became the 48th player to score 500 goals in NHL history in 2024, ranks 12th all-time in postseason scoring with 183 points, and has 69 playoff goals and 114 playoff assists in 183 playoff games. He has also averaged at least a point per game in 16 of his 20 seasons.

Penguins Lock In Continuity

For Pittsburgh, the extension preserves a core that has defined the franchise for nearly two decades. Malkin’s 1.11 points-per-game average is the fourth-highest in league history among Russian players, and he remains one of only four Russian-born players to win three Stanley Cup championships. The Penguins have now tied another season to a player who has helped shape their scoring, their postseason history and their identity since 2006-07.

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