BREAKING NEWS: It is Done. Pittsburgh penguins star Evgeni Malkin officially accepts new contract In a monumental Announcement, Pittsburgh penguins General Manager Kyle Dubas and his family has officially declared that Evgeni Malkin Contract will be finalized around the Olympic break. As he set to sign a massive three years contract extension Worth….

In a monumental announcement that will go down as one of the defining moments in recent Pittsburgh Penguins history, General Manager Kyle Dubas confirmed today that franchise legend Evgeni Malkin has agreed to terms on a new contract extension.

Speaking at a press conference surrounded by his family and Penguins front office staff, Dubas revealed that Malkin’s new deal will be finalized around the Olympic break, ensuring the Russian superstar remains in Pittsburgh through the twilight of his Hall-of-Fame-worthy career.

A Deal Years in the Making

The extension — reportedly a three-year deal worth $21 million — cements Malkin’s place as a lifetime Penguin, a rare achievement in today’s NHL. The $7 million annual average value (AAV) reflects not only Malkin’s continued impact on the ice but also his loyalty to the team and the city he’s called home since being drafted second overall in 2004.

“This isn’t just about numbers or salary cap space,” Dubas said during the announcement. “This is about what Geno means to this franchise, to the fans, and to the game itself. He is a generational talent, and we are beyond thrilled to have him finish his career here in Pittsburgh.”

Malkin Speaks Out

The 39-year-old center, known for his quiet demeanor off the ice and dominant presence on it, appeared visibly emotional when addressing the media.

“I love Pittsburgh. This is my home. I want to win here, finish here,” Malkin said. “I feel good, strong. I still have hockey to give.”

Despite battling injuries in recent seasons, Malkin has remained a consistent contributor. Last season, he posted 63 points in 72 games, silencing critics who questioned his longevity and durability.

The Olympic Break Timing

Finalization of the contract during the 2026 Olympic break is symbolic, as Malkin is expected to represent Team Russia in what could be his final Olympic appearance. By aligning the signing with the international tournament, the Penguins and Malkin seem to be crafting a legacy moment — marking both his international and NHL contributions in a single historic window.

A Legacy Etched in Steel City

Over his career, Malkin has amassed over 1,200 points, won three Stanley Cups, a Hart Trophy, Art Ross Trophy, and Conn Smythe Trophy. His chemistry with Sidney Crosby and long-standing loyalty to the Penguins organization has defined an era of success in Pittsburgh.

With the new contract in place, fans can now look forward to seeing #71 on the ice at PPG Paints Arena for at least three more seasons, chasing one more Cup run with the core that has already delivered so much.

Stay tuned for updates as the Penguins prepare for what could be one of the most emotionally charged and competitive stretches in franchise history.