Penguins forward Evgeni Malkin re-signs with Pittsburgh, returning for the 2026-27 season and his 21st with the club. Multiple outlets report the agreement is a one-year deal worth $5.5 million. The New York Post adds that the contract structure includes the possibility for Malkin to earn performance-based bonuses, with a maximum of $3.5 million. The Athletic reports the contract value as $5.5 million for the upcoming season, framing it as a short-term continuation of his long tenure with the Penguins. Both reports are consistent that the move keeps Malkin with Pittsburgh for another season after he has already spent nearly two decades with the organization.