Headlines

Go To MLB Trade Rumors
Go To Hoops Rumors

Penguins Rumors

Penguins To Name Kevin Acklin President of Business Operations

at CDT | by 1 Comment

The Pittsburgh Penguins continue to overhaul their front office and management after a recent sale to Fenway Sports Group. The Pittsburgh Post-Gazette’s Mike DeFabo reports that the team is expected to name Kevin Acklin the team’s President of Business Operations, filling the role left by longtime executive David Morehouse.

Morehouse vacated the role two months ago when the CEO of 16 years stepped down, reportedly on his own terms.

As DeFabo notes, Acklin is an internal promotion. Since 2018, Acklin had been the team’s COO and general counsel. Similar to Morehouse, Acklin is a Pittsburgh native.

The changes in leadership come as the Penguins are set to embark on a tough road ahead over the next decade or so. As stars Sidney Crosby, Evgeni Malkin, and Kris Letang age and/or leave the organization, the team will need strong leadership to avoid the business concerns the team has had in the past during periods of poor play. Acklin will now have a big part to play in that role, and his choices will have a significant effect on the team’s future.

Niclas Almari Signs In Finland

at CDT | by Leave a Comment

Pittsburgh Penguins defensive prospect Niclas Almari has headed overseas. The 24-year-old defenseman signed a two-year contract with Lukko in Finland, sending him back to his native country for the time being.

Almari just completed the final year of his three-year entry-level contract. If the Penguins issue him a qualifying offer, they will retain his rights and he will remain a restricted free agent on their reserve list. He could theoretically return to the organization when his contract in Finland is done.

The Penguins actually had sent Almari to Lukko on loan for most of last season. Almari spent 13 games with AHL Wilkes-Barre/Scranton, tallying just two points, and he also had four assists in six games with the ECHL’s Wheeling Nailers. He then spent 15 games back with Lukko, recording two assists. He went pointless in seven playoff games there.

A fifth-round pick in 2016, Almari has yet to solidify any role within the Penguins organization. Barring a gigantic jump in his development overseas, it’s likely the end of Almari’s North American career.

Nathan Beaulieu Unlikely To Stay With Pittsburgh

at CDT | by 1 Comment

  • After acquiring Nathan Beaulieu at the trade deadline, Seth Rorabaugh of the Pittsburgh Tribune-Review suggests it’s likely that the defenseman will leave the Penguins without ever suiting up for them. Pittsburgh picked him for a conditional draft pick that they ultimately retained as the conditions weren’t met.  Beaulieu was added as injury insurance for the playoffs and while he was close to suiting up, he wound up being a healthy scratch in the postseason after being activated off LTIR.  The 29-year-old will be an unrestricted free agent this summer and after playing in just 24 games with Winnipeg this season while averaging less than 11 minutes a game, it’s unlikely the 2011 first-rounder will be able to command much more than the minimum salary.

Pittsburgh Penguins Extend Taylor Fedun

at CDT | by 1 Comment

It turns out there’s a second piece of news regarding a Pittsburgh Penguins depth defenseman today. The team announced Wednesday morning that Taylor Fedun has agreed to a two-year, two-way contract extension that runs through the 2023-24 season and carries an average annual value of $762,500.

The news comes after news broke that Juuso Riikola had left the organization as an unrestricted free agent, opting to play in Sweden for 2022-23.

Fedun, now 33, last played in the NHL during the Dallas Stars’ run to the 2020 Stanley Cup Final. After he ended up spending the entire 2020-21 season with the Stars either on the taxi squad or in the AHL (only two games), Fedun signed as an unrestricted free agent with Pittsburgh this past offseason. He spent the entirety of 2021-22 with the AHL’s Wilkes-Barre/Scranton Penguins, serving as captain and tallying five goals, 11 assists, and 16 points in 44 games.

The Edmonton-born defender will stick around in the AHL as a valuable mentor for up-and-coming Penguins defensemen, and he can still be a decent call-up option in the case of injury.

Undrafted, Fedun first broke into the league as a 25-year-old with the Edmonton Oilers in 2013-14. Since then, he’s appeared in NHL games for the Stars, San Jose Sharks, Vancouver Canucks, and Buffalo Sabres. Over seven separate seasons, Fedun has 127 NHL games under his belt with eight goals, 27 assists, and 35 points. He’s seen limited usage in those games, averaging a career number of 13:56 per game.

Juuso Riikola Signs In Sweden

at CDT | by 1 Comment

The Pittsburgh Penguins won’t be getting at least one depth defenseman back next season. IK Oskarshamn of the SHL has announced the signing of Juuso Riikola for the 2022-23 season.

Riikola spent four years in the Penguins organization but spent most of his time in the AHL for the first time this year. He signed with the team in 2018 as a free agent after a six-year stint in the Finnish Liiga with KalPa. However, Riikola had played just seven NHL games over the past two seasons combined, playing just two in 2020-21 while spending the entire season on the taxi squad.

Over the past four NHL seasons, the 28-year-old Riikola played 80 games, tallying three goals, 10 assists and 13 points. While a reasonable option to slide into the lineup in case of injury, at his age, Riikola will likely opt to stay in Europe long-term, playing out his prime years in a more sizeable role.

Updates On Bryan Rust, Team Direction

at CDT | by 17 Comments

  • The Penguins recently extended forward Bryan Rust on a six-year deal worth just over $5MM per year. Today, Penguins GM Ron Hextall had some other news regarding Rust, stating that the forward had undergone a “clean-up” surgery. Hextall downplayed the importance of the operation, stating that it was only a minor procedure and that Rust will be ready for the start of next season. Given the amount the team has now invested in Rust and his health, it’s important for Rust to be on the right health footing at the start of next season so the Penguins can hit the ground running on their next chance to win a Stanley Cup.
  • With the pending unrestricted free agencies of Kris Letang and Evgeni Malkin looming, some believe that next season could be a transitional one for the Penguins, where they perhaps take a small step back from true contention in order to re-tool and extend their overall competitive window. Today, Hextall spoke on that idea and clarified the direction of the Penguins franchise. He stated, as relayed by Mike DeFabo of the Pittsburgh Post-Gazette, that the team is going to “continue on trying to win the Stanley Cup,” and that their new owners, Fenway Sports Group, are “totally on board” with this all-in approach. Despite the contract uncertainty of Malkin and Letang, two players Hextall deemed “generational,” it looks as though the Penguins will not be embarking on the re-tool some fans believe they need and instead will be doubling down on their chance to win a Stanley Cup with their current core.

Pittsburgh Penguins Extend Bryan Rust

at CDT | by 11 Comments

The Pittsburgh Penguins have agreed to terms with pending free agent forward Bryan Rust, keeping him in the organization long-term. Rust has agreed to a six-year contract worth a total of $30.75MM, an average annual value of $5.125MM. Penguins general manager Ron Hextall released a statement explaining:

Bryan exemplifies what it means to be a Pittsburgh Penguin. Since being drafted by Pittsburgh, he has developed into a versatile player and leader on our team, capable of contributing in any situation. His leadership qualities and experience as a two-time Stanley Cup champion is an important piece of our team.

While Evgeni Malkin and Kris Letang take up most of the headlines in terms of pending free agents in Pittsburgh, Rust sat as arguably the most valuable of the three, at least when it came to a long-term extension. The versatile forward turned 30 just a few days ago and has been one of the team’s most consistent offensive performers over the last three seasons.

Consistent of course, only when Rust was actually in the lineup. When he played every game in the shortened 2020-21 campaign, it was the first time he’d accomplished the feat in his career. With a career-high of 72 games, and only 60 this season, there’s a fair argument that Rust–or at least the way he plays–brings more risk than the average player on a contract like this.

Still, an average annual value under $6MM for a forward that has been close to a point-per-game player for three years running is a nice bit of business for the Penguins, even if it does come at the cost of a few extra years. Rust has scored at least 22 goals in three straight and had 58 points this season. His play in the postseason has also been strong, with 21 goals in 79 career playoff games, including the two Stanley Cup runs in 2016 and 2017.

It’s that playoff-style hockey that is so appealing about Rust’s game, and what would have likely drawn plenty of interested parties had he reached the open market. Now, with him firmly in the mix for the next six years, the team can turn their attention to Malkin and Letang once again.

Darren Dreger of TSN broke the news that the two sides were close, while Frank Seravalli of Daily Faceoff filled in the details. 

Photo courtesy of USA Today Sports Images

Has Kasperi Kapanen Done Enough To Avoid Being Non-Tendered?

at CDT | by 4 Comments

It was a tough year for Penguins winger Kasperi Kapanen.  He had just 11 goals in 79 games and managed just two more points than he had in 2020-21 despite playing in 39 fewer contests.  However, Dave Molinari of Pittsburgh Hockey Now posits that the 25-year-old may have done enough in the playoffs to convince management to give him one more chance instead of non-tendering him this summer.  Kapanen is owed a $3.2MM qualifying offer and also has arbitration eligibility which complicates things as he’s unlikely to be awarded a deal that’s above the walkaway threshold.  Molinari suggests Pittsburgh try to offer him a deal with a reduced salary in the hopes that Kapanen opts for that over testing the open market with a non-tender in July.  If they can’t agree on a new deal, GM Ron Hextall is going to have a big decision on his hands on whether or not to qualify him.

Rickard Rakell Open To Re-Signing With Penguins

at CDT | by 7 Comments

  • Penguins winger Rickard Rakell told Chris Adamski of the Pittsburgh Tribune-Review that he’s definitely open to re-signing with Pittsburgh for next season although no contract talks have been held just yet. The 29-year-old did well after being acquired from Anaheim at the trade deadline, collecting 13 points in 19 games during the regular season before being injured and missing most of the first round.  Rakell is coming off a deal that paid him $3.8MM over each of the last six seasons and while he hasn’t come close to matching the 34 goals and 35 assists he had in 2017-18, he should be able to land a bit of a higher price tag on the open market this summer.

Update On Evgeni Malkin, Kris Letang

at CDT | by 13 Comments

Earlier today Evgeni Malkin addressed his pending unrestricted free agency and future with the Pittsburgh Penguins, stating that he hopes to retire in Pittsburgh. For that to be possible, he must ink a contract extension with the only team he has ever known. Malkin, 35, has remained consistently productive as he has aged (42 points in 41 games this season) but has also struggled to remain in the lineup on a regular basis. So, his importance to the franchise and his strong production square up against the declining reliability of his health to make his upcoming contract situation an especially intriguing one.

Just as Malkin’s contract is expiring, so is the contract of another Penguins franchise icon: Kris Letang. Letang, who is also 35, is coming off a season where he posted a career-high in points (68) and managed to stay in the lineup for 78 games, his most since the 2017-18 season. With Malkin and Letang both up for new contracts, the Penguins’ front office (and new ownership group) has a fork-in-the-road opportunity to change the direction of the franchise.

Rob Rossi of The Athletic reported yesterday that the Penguins had offered Malkin and Letang matching three-year, $15MM extensions, offers that “did not sit well” with Sidney Crosby. While that is certainly a major development, if true, Elliotte Friedman of Sportsnet added some context to the situation in his recent 32 Thoughts blog. Friedman supported Rossi’s reporting on the Penguins offering Malkin a three-year term on his extension, stating that the team has symmetry with the three years left on Sidney Crosby’s contract in mind. He also reported that Malkin’s camp and the Penguins were “far, far apart” on the actual dollar value of the extension, a separation that could make Malkin’s return more challenging.

As for Letang, Friedman reported that his offer was larger than the one mentioned in Rossi’s report. Friedman says that the “last he heard” was that Letang was offered a four-year contract carrying an average annual value just “a bit less” than his current AAV of $7.25MM. Given the annual values of contracts other high-end defensemen have received (Seth Jones, Darnell Nurse, and Dougie Hamilton, as comparables, got at least $9MM AAV on deals with significantly more term) it’s an open question as to whether that reported offer will be sufficient to retain Letang’s services.

Letang did say, per Mike DeFabo of the Pittsburgh Post-Gazette, that his “main goal” is to stay in Pittsburgh, so perhaps he will not enter the market eyeing a deal comparable to those other elite defensemen. But one does have to keep in mind that this very well could be Letang’s last chance at a massive contract, due to his age. At the very least, it seems from Friedman’s reporting that while the Penguins are apparently undertaking an earnest effort to retain their two franchise legends, there are still obstacles in the way.

Photo courtesy of USA Today Sports Images

Pro Hockey Rumors is not affiliated with National Hockey League, NHL or NHL.com

Do not Sell or Share My Personal Information

scroll to top