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Evgeni Malkin

Projecting Sidney Crosby’s Next Contract

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With Auston Matthews’ recent signing to a record-breaking contract, speculation has already started to ramp up as far as other soon-to-be elite free agents. While it is far too early for a lot of the chatter, it’s fair to wonder what kind of money these elite free agents will command when they come up for new deals. Connor McDavid was asked recently about it, and it is exactly what Dan Kingerski writes about in Pittsburgh Hockey Now. Kingerski wonders what type of contract Pittsburgh Penguins center Sidney Crosby will get when his contract ends in two years. The comparison isn’t a great one given that Matthews and Crosby are in wildly different places in their respective careers, however, it is a fair question to ask given that Crosby is still playing at an elite level despite being 36 years old, and he will be eligible for an extension in less than a year.

Crosby is entering the 11th season of a 12-year deal he signed back in 2013. At the time, the Cole Harbour, Nova Scotia native’s $8.7MM cap hit was a considerable discount to give the Penguins. It allowed the team to have the cap space to surround him with elite talent. It was also a huge risk from the Penguins’ perspective given that Crosby was coming off multiple concussions, including one that put him out of action for nearly a year. But the Penguins made the move, which paid off in spades as the team captured Stanley Cups in 2016 and 2017.

Crosby has given the Penguins a discount on every extension he has signed thus far in his career with both of his extensions coming with that $8.7MM cap hit. It has set the tone for Pittsburgh and allowed the Penguins to keep many of their stars under below-market contracts. For Crosby, he was always a team player but was also able to make nearly as much money off the ice as he did on it.

Pittsburgh fans and media have speculated about Crosby’s future since well before Matthews signed his extension and will likely continue to do so right up until he signs his next contract. But what might that look like?

It’s tough to project where Crosby’s game will be in two seasons, Crosby will be 38 years old by the time his next contract begins, however, NHL.com is projecting that Crosby will increase his point totals next season. Sid the Kid had 33 goals and 60 assists last season in 82 games and it’s hard to imagine him topping that at 36-years-old. But that is exactly what NHL.com is projecting he will do as they are predicting he will put up 102 points next season.

Whether or not Crosby hits that number is likely inconsequential when it comes to contract talks with the face of the Penguins franchise. Crosby has remained loyal to Pittsburgh and the Fenway Sports Group has remained steadfast in their desire to have Crosby, Evgeni Malkin and Kris Letang retire as Pittsburgh Penguins as evidenced by the long-term deals they gave Malkin and Letang.

Josh Yohe of The Athletic has said in the past that he believes Crosby wants to play until he’s around 40, which could make a two-year extension make sense. Under normal circumstances, a rising cap would lead a superstar like Crosby to ask for north of $10MM annually on an extension. However, given the past two extensions Sid has signed with Pittsburgh, Kingerski throws out an interesting number, $8.7MM per year.

Latest On Erik Karlsson Trade Talks

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Sportsnet’s Elliotte Friedman reported today on the NHL Network that the San Jose Sharks remain steadfast in their efforts to trade reigning Norris Trophy winner Erik Karlsson. Friedman goes on to say that the Carolina Hurricanes and Pittsburgh Penguins are the two teams that the Sharks are talking to and adds that Carolina may need to work out of a move for defenseman Brett Pesce to acquire some assets to complete a Karlsson deal.

On the Pittsburgh side of things, Josh Yohe of The Athletic wrote an article today that outlined why Erik Karlsson is the type of player that general manager Kyle Dubas needs to acquire. Yohe highlights exactly why Karlsson is the right player for the team and the situation the Penguins are currently in. While most of Yohe’s article is in defense of the Penguins acquiring the defenseman, he also adds a couple of pieces of information regarding a potential move. Yohe says that any move Pittsburgh makes for Karlsson would be complex and would involve a third team, which is no surprise given that Karlsson is owed $11.5MM annually for the next four seasons.

Friedman reported Tuesday on his 32 Thoughts Podcast that one hold-up to the potential deal was that teams wanted the Sharks to retain more of Karlsson’s cap hit. He went on to add that at the trade deadline in March San Jose was willing to retain between 18-20% of Karlsson’s cap hit to facilitate a deal. Friedman believes the Sharks will need to retain closer to 30% of the deal which would turn Karlsson into an $8MM player for the acquiring team, and should net the Sharks a better return. Something they are open to. Friedman also reported today on the NHL Network that he believes the Sharks have pursued unrestricted free-agent defenseman Matt Dumba as a possible replacement for Karlsson.

At this point, it almost feels as though the Penguins must acquire Karlsson. Not only would they block Carolina from adding Karlsson to their already stacked defensive unit, but it would help to jump-start their offence which became stale last year for long stretches. Pittsburgh feels like a team that needs a jolt as they have been unable to get out of the first round of the playoffs since 2018 and didn’t even qualify for the postseason last year. Adding a 101-point defenseman would also alleviate some of the offensive pressure off Sidney Crosby, Evgeni Malkin, and the rest of the Penguins’ top-6 forward group who almost single-handily carried the team last season. And while Dubas has been busy overhauling the black hole that was the Penguins’ bottom six, he still hasn’t added much in the way of offensive firepower.

Pittsburgh Penguins Will Hire General Manager And President

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Hockey Insider Frank Seravalli stated today on the Daily Faceoff Rundown podcast that he expects the Pittsburgh Penguins to employ the same management structure they had with their previous group and hire a General Manager and a President of Hockey Operations. Previous GM Ron Hextall and President of Hockey Ops Brian Burke were fired after the season ended as they led the Penguins to their first season out of the playoffs in 16 years.

While it comes as no surprise that the Penguins would want to use that structure, some of the names of who they’ve reportedly interviewed are quite surprising. TSN’s Pierre LeBrun is reporting that Pittsburgh spoke with 10-12 candidates in their first round of interviews and included in that list were Marc Bergevin, Eric Tulsky, Jason Karmanos and Peter Chiarelli. LeBrun added that he expects some of those men to be interviewed a second time as the process goes on.

One name that will likely not be interview is Toronto Maple Leafs general manager Kyle Dubas. The young GM held a press conference today where he expressed his desire to remain in Toronto while simultaneously stating he didn’t want to look elsewhere at this time after the past season was so difficult for him and his family.

Whoever ultimately lands the Penguins management jobs will be in tough to build around an aging core with multiple bad contracts to try and navigate. Pittsburgh correctly committed to Kris Letang and Evgeni Malkin last summer, as well as Bryan Rust and Rickard Rakell. However, they were saddled with a bottom six that couldn’t get going offensively, and a team that couldn’t find a defensive identity. All of this, coupled with inconsistent goaltending from Tristan Jarry and Casey DeSmith led to the Penguins missing the playoffs for just the second time in the Sidney Crosby era.

It’ll be a long summer in Pittsburgh; however, it could be the most interesting one they’ve had since Jim Rutherford plucked Phil Kessel from the Toronto Maple Leafs in a 2015 trade and kickstarted a two-year run of brilliance in the steel city. The Penguins still have a very strong top-6 and will have around $20MM in cap space once free agency begins.

NHL Announces 2023 King Clancy Memorial Trophy Nominees

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In an announcement made Tuesday afternoon, the NHL unveiled the list of nominees for the 2023 King Clancy Memorial Trophy. The award is presented annually to the player who best exemplifies leadership qualities both on and off the ice, as well as making a noteworthy humanitarian contribution to their community.

The list of nominees for this year’s award is an impressive one, featuring some of the league’s most well-respected captains, such as Boston’s Patrice Bergeron and Florida’s Aleksander Barkov.

One notable nominee is one of the youngest captains in the league – Ottawa’s Brady Tkachuk. Tkachuk, in a few short years as a Senator, has already implanted himself in the community, especially in recent seasons. Working with the Boys and Girls Club of Ottawa, Tkachuk hosts the ’Tkachuk’s Captains’ program, which works with kids at club locations across Ottawa to help develop leadership skills.

That’s not to diminish the off-ice efforts of anyone else named on the full list of nominees, found below. While an often-overlooked award, it’s a great way to highlight some players who focus on making positive contributions to their communities.

Anaheim: Kevin Shattenkirk
Arizona: Travis Boyd
Boston: Patrice Bergeron
Buffalo: Alex Tuch
Calgary: Mikael Backlund
Carolina: Jordan Staal
Chicago: Connor Murphy
Colorado: Devon Toews
Columbus: Zach Werenski
Dallas: Jason Robertson
Detroit: Dylan Larkin
Edmonton: Darnell Nurse
Florida: Aleksander Barkov
Los Angeles: Mikey Anderson
Minnesota: Matt Dumba
Montreal: Jordan Harris
Nashville: Juuse Saros
New Jersey: Jack Hughes
NY Islanders: Anders Lee
NY Rangers: Jacob Trouba
Ottawa: Brady Tkachuk
Philadelphia: Scott Laughton
Pittsburgh: Evgeni Malkin
San Jose: Luke Kunin
Seattle: Chris Driedger
St. Louis: Brayden Schenn
Tampa Bay: Victor Hedman
Toronto: Morgan Rielly
Vancouver: Elias Pettersson
Vegas: Reilly Smith
Washington: Tom Wilson
Winnipeg: Blake Wheeler

NHL Notes: Zucker, Drury, Andersen

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Seth Rorabaugh of Trib Live Sports is reporting that free agent winger Jason Zucker has made it clear that he wants to remain a member of the Pittsburgh Penguins. Zucker was able to remain healthy this season for the first time since the 2018-19 season when he was a member of the Minnesota Wild. Zucker flourished in a top six role for the Penguins this year, which was a pleasant, albeit unexpected surprise. Zucker spent much of last summer as a possible trade or buyout candidate, but the Penguins never found a suitor for the California native and elected to hang onto him.

Zucker rewarded Pittsburgh with his best season as a Penguin. He tallied 27 goals and 48 points in 78 games while playing on a second line with Evgeni Malkin. Zucker was also one of the few Penguins who showed an emotional pulse as the team was free falling out of a playoff position in the dying weeks of the regular season. There were many nights in which Pittsburgh appeared to be sleepwalking through the game only to be awakened by a huge hit by the small forward.

Zucker will have suitors and could very well fetch a contract that exceeds his previous cap hit of $5.5MM. Zucker is just 31 years old, and while injuries are certainly a concern given his track record, the lack of game breaking forwards on the free agent market should allow Zucker to cash in on his bounce back season.

In other notes from around the NHL:

  • Chip Alexander of Raleigh News & Observer is reporting that Rod Brind’Amour said that Jack Drury is feeling better today. This comes on the heels of Drury leaving game four yesterday after taking a hard hit into the boards in the first period. The center is in the midst of a 14-game goalless drought and played just 1:20 in the Hurricanes 5-2 win over the New York Islanders. Drury had just eight points in 38 games in the regular season, but with the Hurricanes battling through various injuries the 23-year-old played over 15 minutes in both games two and three of Carolina’s first round series.
  • Alexander also tweeted that Brind’Amour said goaltender Frederik Andersen is good to go for the Carolina Hurricanes. Andersen will likely be relegated to a backup role as Antti Raanta has backstopped the Hurricanes to a 3-1 series lead against the Islanders. Raanta has posted a solid .915 save percentage for Carolina after going 19-3-3 in the regular season. While it seems likely that Andersen won’t see action until the second round, he could get into a game should Raanta stumble in any of the next few games.

Evgeni Malkin Signs Four-Year Extension

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Turns out Evgeni Malkin isn’t heading to market after all. After going back and forth for months, the Pittsburgh Penguins and their Russian superstar have come to an agreement just 12 hours before he was set to hit the open market. Malkin has signed a four-year extension that will pay him $24.4MM ($6.1MM AAV).

General manager Ron Hextall released the following statement:

Evgeni is a generational talent who will be remembered as one of the greatest players in NHL history. His hockey resume and individual accomplishments speak volumes about him as a player, and we are thrilled to watch him continue his remarkable legacy in Pittsburgh.

Malkin, 35, will now be under contract through the 2025-26 season, one year longer than teammate Sidney Crosby (but two years shorter than the recently-extended Kris Letang, who now carries the same cap hit). Pierre LeBrun of The Athletic reports the full details of the contract:

  • 2022-23: $4.0MM salary + $4.0MM signing bonus
  • 2023-24: $6.0MM salary
  • 2024-25: $5.6MM salary
  • 2025-26: $1.0MM salary + $3.8MM signing bonus

The deal also includes a full no-movement clause throughout, though trade speculation will likely never stop, as it has followed Malkin through most of his career.

What a career it has been. The second-overall pick from 2004 stepped into the NHL in 2006 as an instant superstar, winning the Calder Trophy in a landslide over Paul Stastny (Malkin received 120 of the 143 first-place votes) and scoring 85 points in 78 games. By year two, he was already the Hart Trophy runner-up and by year three he was taking home the Art Ross as the league’s most productive player. He also happened to take home the Conn Smythe that year, as the Malkin and the Crosby-led Penguins lifted the Stanley Cup for the first time. They would do it twice more with that dynamic duo in place, and now look to try it again while they are still effective.

It has never been Malkin’s effectiveness that is questioned, only his consistency and health. The big center has only played 70 games in a season once over the last decade, usually missing significant stretches due to injury. This season he played in just 41 games, though he still managed to score at a better than point-per-game pace, registering 20 goals and 42 points.

The negotiation, obviously stressful on both sides, has resulted in a deal that seems more than reasonable. The Penguins get to have Malkin back for a cap hit quite a bit lower than the $9.5MM he had been carrying since 2014, while the veteran forward gets the security of a four-year deal to play out his career in Pittsburgh.

Now the question of whether Malkin, Crosby, and Letang are still good enough to lead this team to the promised land will be asked–or whether all this contract confirms is that they will each be Penguins for life.

Photo courtesy of USA Today Sports Images

Snapshots: Kane, Bowman, Malkin

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Forward Evander Kane is nothing if not the most polarizing and interesting free agent on the market this offseason. The 30-year-old power forward has had his fair share of off-ice controversies in his career, including a pending arbitration hearing that may award him back to the San Jose Sharks after the team terminated his contract during the 2021-22 season. Yet Kane was still spectacular on the ice after signing a one-year deal with the Edmonton Oilers for the remainder of the season, notching 39 points in 43 regular-season games and leading the NHL in scoring during the playoffs with 13 goals in just 15 games.

Yet, reports surfaced earlier this week that Kane and the Oilers weren’t close on an extension. Today, The Fourth Period’s David Pagnotta adds that there haven’t been any conversations yet today between Kane’s camp and the Oilers, adding to the likelihood Kane hits the open market tomorrow. It doesn’t limit Edmonton’s ability to re-sign him, and quite frankly, it’s still the most likely destination for him. Kane’s risk factor is only increased by the pending arbitration decision, and other teams will be hesitant to commit term to Kane without either having a deal in place with San Jose to trade back for him or having clarity on his future.

  • Legendary coach and executive Scott Bowman is moving on from the Chicago Blackhawks organization this summer, per the man himself. Now 88, Bowman had been a senior advisor for the Blackhawks since 2008. A winner of 12 Stanley Cups, Bowman will likely have any job he wants if he wants to continue his management career in the NHL.
  • Pittsburgh Penguins president of hockey operations Brian Burke spoke today, denying rumors that the team didn’t offer Evgeni Malkin his desired term of four years. He did say that giving a six-year contract extension to Rickard Rakell yesterday didn’t rule out Malkin’s return, and said that “the window is still open” for Malkin. However, with all the varying reports of Malkin’s unhappiness with the situation, his moving on in free agency is likely still a done deal.

Evgeni Malkin Expected To Test Free Agency

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Earlier today, Pierre LeBrun of The Athletic had tweeted that there was some progress in the last 24 hours between Evgeni Malkin and the Pittsburgh Penguins, but it now appears talks have broken down. Darren Dreger of TSN reports that the superstar center will test free agency on Wednesday. Dreger tweets that Malkin “wants to see what his options are,” given that he has never been a free agent previously.

From the beginning, things had appeared fractured between the Penguins and Malkin. Rob Rossi of The Athletic relayed a text from the Russian star over the weekend, that simply asked “do they want me?” The negotiations have been very public, with offer details leaking every few days, and quotes from Malkin himself being part of the reporting out of Pittsburgh.

Still, it seemed as though the two sides would inevitably get together, given their long history together and the fact that Kris Letang was re-signed for less money than he likely could have gotten on a short-term deal. The team could certainly fit Malkin under the cap at the moment, as they sit with more than $15MM in space.

Previous management groups have called Malkin a legacy player and suggested that there was no way he would pull on another team’s sweater before he retired, something the player himself has reiterated publicly. With new ownership and a front office that doesn’t have the same long-term ties to him though, things never progressed as quickly as expected.

If the 35-year-old center does hit the open market, it will be interesting to see what kind of contracts will be waiting for him. Without that built-in franchise connection, it’s hard to see the four-year deal that Malkin wants, or even maybe a three-year pact given his age and oft-injured status. Still, rival teams are likely pre-dialing his agent in hopes of snatching away a player that has been so good against them for so long. Contenders across the league would be wise to try and add him on a short-term deal if it is possible.

When he’s healthy, Malkin can still be quite effective. He scored 20 goals and 42 points in 41 games this season for the Penguins, and was still a weapon on the powerplay. In the past, a motivated Malkin has been a dominant force; it’s easy to understand how being cut loose by the only team he’s ever known could fuel a resurgent season, even if a multi-year deal might still be a bit of a risk.

At any rate, the fact that he’s not re-signing will add an extra wrinkle to the festivities on Wednesday, where he’ll join plenty of other high-impact forwards on the open market.

Photo courtesy of USA Today Sports Images

Snapshots: Malkin, Sommer, Rheaume

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The Pittsburgh Penguins had two franchise icons to re-sign this offseason, and today they finalized a deal with one of them: Kris Letang. With Letang’s extension finalized, the next priority for Ron Hextall and the Penguins is re-signing Evgeni Malkin. According to Pierre LeBrun of TSN, getting across the finish line with Malkin and his agent, J.P. Barry, could be a challenge.

Per LeBrun, Malkin and the Penguins are “not on the same page” and Malkin is reportedly “ready” to hit free agency if the Penguins don’t offer him an extension with more than a three-year term. Malkin, 35, is coming off of a season where he was above a point-per-game, although his injury woes limited him to playing in only half of the Penguins’ 82 regular-season contests. Injury issues have plagued Malkin for years, and he has not reached the 70-game mark in any regular season since 2017-18. Malkin’s desire for more term is definitely reasonable, he’s such a widely-respected superstar that he could likely get a longer-term deal on the open market, and the Penguins’ desire to keep term down on an extension for their injury-prone, 35-year-old franchise legend is also understandable. It looks like a difficult, complicated situation for the Penguins to navigate, and it seems that the unthinkable possibility of Malkin playing for another NHL franchise is more realistic than it has ever been.

Now, for some other notes from across the NHL:

  • The San Diego Gulls’ next head coach seems to have been found. The Athletic’s Eric Stephens reports that “multiple sources” have told him that the San Diego Gulls will hire Ray Sommer as their next head coach, on a one-year deal. The contract is not yet finalized but once it becomes official the Gulls will be adding the AHL’s all-time winningest head coach. Sommer was previously the coach of the San Jose Barracuda and has been an AHL head coach since the 1998-99 season when he led the Kentucky Thoroughblades to the playoffs.
  • The Los Angeles Kings are beefing up their hockey operations department. Earlier this year they added a former GM to their front office ranks and now they’re adding another accomplished name: Manon Rheaume. Rheaume famously became the first woman to play in any of the four major North American professional sports leagues, when she suited up for the Tampa Bay Lightning for exhibition games 1992 and 1993. Rheaume will take an advisory role with the Kings.

Pittsburgh Penguins Expect To Sign Kris Letang

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There wasn’t much hesitation in Ron Hextall today as he met with the media, explaining to reporters including Chris Johnston of TSN that he would be “surprised” if they didn’t sign Kris Letang to an extension. Hextall hopes to have it done by the time they leave Montreal, where the hockey world is congregating for tomorrow’s draft.

On Evgeni Malkin, the team’s other franchise icon closing in on unrestricted free agency, Hextall said they are “still working” but didn’t share any other details.

Letang, 35, is still an extremely effective player and is actually coming off the best offensive season of his career. With 68 points in 78 games, racking up a career-best 171 hits, and still averaging close to 26 minutes a night, he finished seventh in Norris Trophy voting.

The three-time Stanley Cup champion is arguably more important to the Penguins than Malkin, at least in terms of this current championship window, as there is no internal option to fill the hole that Letang’s departure would leave. The team would have to look outside the organization, and players of his caliber obviously don’t hit the open market very often.

That’s also why a contract for Letang could still have a big number attached to it, meaning a multi-year extension carries quite a bit of risk for the Penguins. The team will be married to this aging core, meaning if he or Sidney Crosby takes a step back in effectiveness, any thought of contending for the Stanley Cup would likely go out the window.

Still, that’s likely the case even if Letang left in free agency, as the Penguins’ results are really tied to Crosby’s career at this point. Pushing in for a player you know and love–and also one who has spent his entire career in Pittsburgh–always did seem like the prudent option, even if it will mean committing lots of money to an aging talent.

Photo courtesy of USA Today Sports Images

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