Evgeni Malkin was the last piece for the Pittsburgh Penguins to re-sign and finalize a contract with. After locking up Kris Letang for 6 years, the Penguins are bringing back Malkin for 4 more years.
With a cap hit of $6.1 Million per season Malkin will be the second highest paid forward on the team.
The Pittsburgh Penguins have now locked up their cup winning core for a lot longer than most teams would. Sidney Crosby is signed until he is 37-years-old, Evgeni Malkin until he is 39-years-old and Kris Letang will be 41-years-old when his contract expires. There will be a lot of grey in those playoff beards.
It has been reported that Malkin was planning on testing free agency after not receiving a 4 year offer. This move likely makes Naze Kadri a much richer man as he will have very little competition on the free agent market.