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Penguins keep Malkin on one-year, $5.5M deal

ESPN · May 26, 2026, 8:23 PM

Key takeaways

  • Pittsburgh Penguins center Evgeni Malkin will return for his 21st season after signing a one-year deal worth $5.5 million, the team announced Tuesday.
  • Malkin, who turns 40 on July 31, was slated to be an unrestricted free agent.
  • His decision to re-sign with the only franchise that he's ever known comes in the wake of what was an important campaign for both parties.

Why this matters: a sports story that could shift standings, legacies, or fan conversations.

Pittsburgh Penguins center Evgeni Malkin will return for his 21st season after signing a one-year deal worth $5.5 million, the team announced Tuesday.

Malkin, who turns 40 on July 31, was slated to be an unrestricted free agent. He was days away from entering the final month in a four-year contract extension that saw him earn $6.1 million annually.

His decision to re-sign with the only franchise that he's ever known comes in the wake of what was an important campaign for both parties.

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