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Evgeni Malkin has agreed to a US$76-million, eight-year contract extension with the Pittsburgh Penguins that will lock up the star forward through the 2021-’22 season.
The deal begins with the 2014-’15 season and has an average annual value of $9.5 million, the team said in a release.
According to TSN Hockey Insider Darren Dreger, the Penguins and Malkin have been negotiating the deal in Pittsburgh since Saturday. The deal involves a no-movement clause as well as $10 million in signing bonuses.
