It has come as no surprise that Kris Letang will end his career as a Pittsburgh Penguin. It has been reported since the regular season ended that Letang would re-sign with the Penguins.
Letang signed a 6-year, $36.6 million contract extension that runs through the 2027/28 campaign, and carries an average annual value of $6.1 million. Letang will be 41 when his contract ends.
Letang has a no-move clause in his contract from years 2022-23 to 2025-26 and a modified no-trade clause in the last two years of his contract.
NHL trade rumors have been active on the Evgeni Malkin front on whether he will take a hometown discount or sign with another team via free agency.
Kris Letang contract breakdown
SEASON | NO-TRADE CLAUSE | CAP HIT | BASE SALARY |
2022-23 | NMC | $6,100,000 | $8,000,000 |
2023-24 | NMC | $6,100,000 | $8,000,000 |
2024-25 | NMC | $6,100,000 | $6,200,000 |
2025-26 | NMC | $6,100,000 | $4,800,000 |
2026-27 | M-NTC | $6,100,000 | $4,800,000 |
2027-28 | M-NTC | $6,100,000 | $4,800,000 |
TOTAL | $36,600,000 | $36,600,000 |