The Penguins’ Evgeni Malkin Dilemma
If you’ve been checking the NHL’s Eastern Conference standings, you’ll notice a surprising team near the top of the Metropolitan Division. The Penguins, who entered the season as a first-overall pick favorite, have shocked everyone by remaining in the hunt to this point in the season.
Your eyes aren’t deceiving you; the Penguins have been that good this year, despite a disastrous stretch in December that saw them drop nine of 10 games and blow multiple three-goal third-period leads. But with every Penguins win, it becomes clearer that many of the veterans on the trading block will be sticking around for this year and perhaps beyond.
One of those veterans is 39-year-old Evgeni Malkin, who at the start of this year seemed like a potential trade candidate, or at the very least, a player who wouldn’t play in Pittsburgh beyond the 2025-26 season. With the Penguins in the hunt, young prospects turning to NHLers, the team holding onto other veterans, and Malkin turning back the clock, is it possible the Penguins offer Malkin an extension to stick around beyond this season?
The Blake Lizotte signing last week reveals a lot about where the Penguins’ general manager, Kyle Dubas, feels the team is right now. If he thought the team wasn’t a playoff team this year, he likely would’ve been working the phones to move the depth center for picks or prospects, as he has been collecting those types of pieces for the better part of two years.
But Lizotte’s extension signals a change in philosophy, sort of. Dubas has been a bargain shopper for the last two summers, and even though Lizotte received a raise in his new deal, it could turn out to be a bargain if he plays the way he has this season.
That leads us back to Malkin. When Dubas spoke about the future Hall of Famer before this season, he likely believed he would be selling off assets towards the trade deadline and overseeing the third and possibly final year of the Penguins’ retool.
But the team and Malkin have surprised everyone thus far, and as the Penguins play more hockey, it becomes increasingly clear that Malkin can still produce. Just look at the ten-game stretch in December when they couldn’t buy a win.
Who wasn’t in their lineup for that? Malkin.
Malkin returned to the Penguins lineup on Jan. 8 and made an immediate impact, scoring a power-play marker on a one-timer from Sidney Crosby. He missed over a month with a shoulder injury, and Pittsburgh badly missed him on their second line.
His return didn’t exactly spark the team, as they had won five in a row leading up to it, but he certainly didn’t hurt, and Pittsburgh has gone 4-2-2 since he’s come back.
Then there’s also the optics of signing Malkin. With Kris Letang and Crosby still in the fold, signing ‘Geno’ would mean the big three playing another season together in their record-setting run, which would surely be a feel-good story, especially if more young Penguins graduate to the NHL and make an impact.
Pittsburgh could see Rutger McGroarty, Harrison Brunicke, Sergey Murashov, and Tristan Broz all jump to the NHL next season, which would be a massive youth movement for the team.
With these young pieces mixed in with Pittsburgh’s big three, as well as Erik Karlsson, Bryan Rust, Rickard Rakell, and Thomas Novak, there is the potential to make some noise in the Eastern Conference. Especially for a team that is armed with over $50MM in available cap space and an army surplus store full of draft picks in the subsequent three drafts.
The last time the Penguins had this level of youth in their pipeline was 2015, when Rust, Matt Murray, Conor Sheary, Tom Kuhnhackl, Scott Wilson, and eventually Jake Guentzel all jumped to the NHL, and Pittsburgh won back-to-back Stanley Cups. That’s not to say Pittsburgh is on the verge of a mini-dynasty in the twilight years of Malkin’s career.
Still, if they are on the verge of being competitive at all, which it looks like they could be, Malkin deserves to stick around with his buddies, especially if he can contribute rather than just partake in a nostalgia tour.
So, what should the Penguins do with one of the most beloved Penguins ever? It feels like it’s time to sign him to an extension.
Pittsburgh has the cap space, Malkin isn’t going to ask for the moon, and there really isn’t a Malkin replacement available in free agency. He also doesn’t need to be a center at this stage of his career and is quite competent on the wing, as he showed last season playing alongside Crosby on the top line.
It was reported last summer by Penguins play-by-play voice Josh Getzoff that Pittsburgh GM Kyle Dubas planned to meet with Malkin during the Olympic break, and as of right now, that appears to be the plan. But what could a Malkin deal look like?
It could be pretty straightforward. Take the framework of the Jonathan Toews contract with the Winnipeg Jets this season and perhaps double the guarantee.
Would that get it done? Hard to say, but according to Josh Yohe of The Athletic, Malkin is willing to take a pay cut and a one-year deal.
Pittsburgh gets a top-six forward, Malkin adds to his legacy, and Pittsburgh avoids painting itself into a long-term predicament, remaining fluid for future moves. Everybody wins, especially the fans in Pittsburgh and, most importantly, Malkin’s teammates, including Crosby.
Metro Notes: Sullivan, Penguins Goaltending, Fehervary
The Pittsburgh Penguins won’t be among the few teams looking for a new bench boss this summer. In an article from Wes Crosby of NHL.com, the Penguins will retain head coach Mike Sullivan through the 2025-26 NHL season.
Sullivan’s tenure as the longest-serving coach in franchise history is a story of two distinct coaching periods. He guided Pittsburgh to back-to-back Stanley Cup championships in 2016 and 2017, and into the playoffs for another five years after.
Unfortunately, the dream ended in 2022-23, as the Penguins missed the playoffs for the first time since the 2005-06 season. Throughout his first 507 games behind the bench, he coached Pittsburgh to a 297-156-54 record. Since the start of the 2022-23 campaign, the Penguins have only mustered a 112-99-35 in the last 246 games under Sullivan’s tutelage.
Other notes from the Metropolitan Division:
- In a separate article from Michelle Crechiolo, General Manager Kyle Dubas indicated that netminders Tristan Jarry and Alex Nedeljkovic would compete for the spot they wanted in training camp. Indirectly, that confirms that the Penguins intend to keep both netminders on the team throughout the summer, and that won’t be an area they’ll look to improve externally. Both goalies showed flashes of quality play throughout the 2024-25 season. Still, Pittsburgh finished the year with a 30th-ranked 3.50 GA/G and a 27th-ranked .884 SV%.
- Defenseman Martin Fehérváry isn’t in the lineup for the Washington Capitals in Game 1 of their opening-round matchup against the Montreal Canadiens, as alluded to by Sammi Silber of The Hockey News this morning. Fehérváry continues to recover from an ankle injury suffered in Washington’s penultimate game of the season. Still, it granted an opportunity for Alexander Alexeyev, who’s taken Fehérváry’s spot in the lineup for tonight’s contest.
Kyle Dubas Named Team Canada GM For 2025 World Championship
Hockey Canada has announced that Pittsburgh Penguins general manager Kyle Dubas will fill their role of general manager for the upcoming World Championship. The tournament is set to take place from May 9th to May 25th in Sweden and Denmark. Dubas will be supported by former Anaheim Ducks captain Ryan Getzlaf and Team Canada’s senior vice president of hockey operations Scott Salmond.
The management team will be joined in their evaluation of NHL talent by a selection committee featuring four NHL executives and former players. They are Dennis Bonvie (Boston Bruins Director of Professional Scouting), Gregory Campbell (Florida Panthers assistant general manager), Andrew Cogliano (Colorado Avalanche special assistant), and Jason Spezza (Penguins assistant general manager). The management team and selection committee were selected by Doug Armstrong, executive director of Canada’s National Men’s team.
Much of the management team was also part of Team Canada’s gold medal win at the recent 4-Nations Face-Off tournament, the first in-season international competition featuring NHL talent since 2014. The winning Canadian squad was dominated by talent headed for the Stanley Cup Playoffs. Only Sidney Crosby, Travis Konecny, and Travis Sanheim will be available to return to the World Championship lineup when the 2024-25 season ends. Additional players could become eligible as teams are eliminated from the postseason. Crosby notably hasn’t taken part in a World Championship since 2015, when he scored 11 points in nine games while captaining Canada.
Dubas and his team will begin making decisions on their coaching staff and roster immediately, with a full announcement expected in the coming weeks. Canada kicks off the tournament with an early morning game against Team Slovenia on May 10th.
Penguins Expected To Be Sellers At Trade Deadline
Josh Yohe of The Athletic believes that the Pittsburgh Penguins will be sellers regardless of their position in the standings. Yohe wrote about the unusual position the Penguins find themselves in heading into the second half of the NHL season. Pittsburgh has fought its way back into the Wild Card conversation in the Eastern Conference, and despite being largely made up of veteran players, general manager Kyle Dubas has his eye on the future and intends to sell.
Yohe says that his league sources predict the Penguins will make multiple moves to jettison veterans and that “no one is safe” on Pittsburgh, except for the players holding full no-trade protection (Sidney Crosby and Evgeni Malkin to name a few). Marcus Pettersson is certainly a name Pittsburgh will move on from given his contractual status, but one name that could also go is forward Rickard Rakell. The 31-year-old is having a nice bounce-back season with 22 goals in 45 games. However, Yohe pours cold water on that notion, saying that Pittsburgh is likely to hold onto him for this year unless they receive a big offer.
While all signs point to Pittsburgh packing it in for the season and missing the playoffs for a third straight year, Yohe believes that the Penguins may see the trading of veteran players as an opportunity to call up some of their prospects who are NHL-ready, most notably goaltender Joel Blomqvist who is arguably the best netminder in the Penguins entire organization and their best chance at steady goaltending. Tristan Jarry has struggled for well over a calendar year and doesn’t look like an NHL goaltender at the moment, and Alex Nedeljkovic has been wildly inconsistent this season after putting together a nice campaign a year ago.
While the Penguins would love to move on from some of their pricier veterans, they will be in tough to do so as Jarry has three years left on his contract after this season with an AAV of $5.375MM, and defenseman Ryan Graves has four years on his deal at $4.5MM. Those deals were two of the first contracts Dubas handed out in Pittsburgh, and they’ve aged like milk. In previous years, those types of contracts would have been untradeable, but with the cap rising next season, it’s not out of the question that the Penguins could move on from those players in the next six months.
Penguins Have Tough Decisions To Make In Second Half Of Season
The Pittsburgh Penguins will have some difficult choices to make as they inch towards the NHL trade deadline on March 7th, 2025. Pittsburgh has several intriguing trade possibilities, including defensemen Marcus Pettersson, Matt Grzelcyk, and forward Drew O’Connor. The Penguins have played better as of late, turning things around from an early season run of poor hockey that had fans screaming for a coaching change. This run has further complicated the direction general manager Kyle Dubas can take this team in the second half of the season.
A 9-3-1 run heading into the holiday break had people wondering if Dubas should hang on to pending unrestricted free agents, however, the Penguins played a fairly uninspiring game last night against a division rival, dropping a 6-3 decision to the lowly New York Islanders. The loss kicks off an unofficial second half of the season for Pittsburgh, one in which the possibilities appear to be many. The month of January will be crucial for Pittsburgh to determine the direction in which the remainder of the season will go. If the Penguins play .500 hockey or below, it is likely that Dubas will opt to move on from Pettersson and company and keep his eyes on the future. However, if Pittsburgh is in the hunt, standing pat could be an option too.
Additions seem unlikely given that Dubas has been accumulating future assets for the past calendar year and has publicly expressed his desire to build for the future. Acquiring a young, controllable player could be a move that Dubas desires, similar to the recent trade for forward Philip Tomasino.
The other looming concern for Pittsburgh is franchise legend Sidney Crosby and the message it would send to him if Dubas were to move out veterans while the Penguins are in the thick of a playoff hunt. At 37 years old, Crosby only has a few high-level seasons left in him, and he has been on a tear as of late, rounding into mid-season form. Dubas has already said the Penguins won’t enter a full rebuild with Crosby on the roster, meaning they will continue to try and remain competitive with an eye toward the future.
The next two months in Pittsburgh should be interesting, Pettersson would fetch a solid return of futures. However, there aren’t many other players Dubas can move that will bring in anything of substance, which could be another factor in his decision before the deadline. O’Connor is an intriguing possibility for teams, but he hasn’t been able to recapture his offensive numbers from last season, which has impacted what the Penguins can get in a trade for him. The 26-year-old has just three goals and seven assists in 37 games this year.
Evening Notes: Sullivan, Penguins, Blues
Josh Yohe of The Athletic wrote about the Pittsburgh Penguins freefall and what it means for head coach Mike Sullivan. Yohe wouldn’t lean one way or the other when it comes to Sullivan’s future but did concede that the Penguins’ current predicament is ripe for a coaching change. However, he doesn’t believe that general manager Kyle Dubas or Penguins ownership expected the team to make the playoffs this season.
Sullivan has been at the helm of the Penguins since late 2015 and has guided the Penguins to two Stanley Cup championships. That being said, the Penguins haven’t been out of the first round of the playoffs since 2018 and have missed the postseason in each of the last two years. Combine that with their horrific 7-12-4 start to this season, and it has people wondering if a coaching change is in order. Yohe casts doubt on that possibility but does add that if things get much worse in Pittsburgh, it could happen.
In other evening notes:
- TSN’s Darren Dreger spoke on TSN690 radio and mentioned that the Penguins have been heavily scouting the Montreal Canadiens. Dreger wonders if a trade could be brewing between the two sides, adding that nothing is in the works yet, but he does see a potential path to a deal between the two teams. Pittsburgh isn’t in fire sale mode yet, but with so many expiring contracts on the books and the playoffs falling out of reach with each passing game, the Penguins may begin to move players out with an eye toward the future.
- The St. Louis Blues didn’t expect to make a coaching change until Jim Montgomery became available a few days ago (as per Stephen Whyno of the Associated Press). Blues general manager Doug Armstrong spoke to the media today saying that the Blues viewed Montgomery’s free agency as an opportunity to grab a top coach in the NHL and improve the team’s prospects behind the bench. The move certainly came as a shock to many but can’t be that surprising given Montgomery’s coaching experience as well as his deep ties to the Blues organization.
Hockey Canada Adds Julien BriseBois, Kyle Dubas For 4 Nations Face-Off, Olympics
Hockey Canada has added Lightning general manager Julien BriseBois and Penguins GM Kyle Dubas to its management group for both the 2025 4 Nations Face-Off and 2026 Winter Olympics, they announced today. BriseBois will serve as an assistant GM, while Dubas will serve as director of player personnel.
For the 4 Nations Face-Off next February, BriseBois and Dubas round out a management group that already includes Bruins GM Don Sweeney and Stars GM Jim Nill, the latter of whom is serving as an associate under Sweeney. The following year, they’ll join Nill and Sweeney for the Olympics, who are serving as assistant GMs under Blues GM Doug Armstrong for the event.
BriseBois, 47, receives his first call to the Canadian national team in any capacity. The longtime Lightning exec has served as Tampa’s GM since 2018, meaning he was at the helm for both of their Stanley Cup wins in 2020 and 2021. Before taking over the top hockey ops position, he’d served as an assistant GM in Tampa while managing their AHL affiliate from 2010 to 2018. His first job in the NHL came with the Canadiens, where he served as their director of hockey operations and later VP of hockey operations from 2003 to 2010 under GM Bob Gainey.
Dubas, 38, is also inexperienced on the international stage, but he does have one tournament under his belt as an assistant GM. He was part of the Canadian front office at the 2024 World Championship, building a squad that reached the bronze medal game but lost to Sweden. It was Canada’s first time without a medal at the Worlds since 2018.
The Ontario native is coming off his first season as GM and president of hockey operations of the Penguins. Before that, he’d served in the Maple Leafs front office since 2014, first as an assistant GM before taking over the top job in 2018.
East Notes: Dubas, Trouba, Lindstrom, Spicer
In a new book by Craig Custance of The Athletic, an interview with the general manager of the Pittsburgh Penguins, Kyle Dubas, was able to reflect on his time at the helm of the Toronto Maple Leafs. Lance Hornby of the Toronto Sun pulled a quote from the interview where Dubas said, “The biggest mistake I think I’ve made in my whole time here has been not taking care of the three incumbent contracts. (William) Nylander was up, (Mitch) Marner and (Auston) Matthews could have been done on July 1 extensions“.
The quote was made in context to the seven-year, $77MM contract given to John Tavares on July 1st, 2018. Dubas exclaims that by giving Tavares an AAV of $11MM without first working on long-term extensions for William Nylander, Mitch Marner, and Auston Matthews, the price on the latter three was raised dramatically and caused both Nylander and Marner to hold out for a short time.
Aside from the externality on those three players from Tavares’ contract, Dubas informed Custance that he had no other regrets from his time in Toronto. Outside of playoff success, the Maple Leafs have achieved multiple 100-point seasons from the team Dubas built and still features some of the biggest stars in the game.
Other East notes:
- In a report from Stefen Rosner of The Hockey News and later confirmed by Emily Kaplan of ESPN, there was a trade in place between the New York Rangers and Detroit Red Wings that would have sent defenseman Jacob Trouba to his hometown team. However, with Trouba’s no-movement clause turning into a modified no-trade clause on July 1st, Trouba added Detroit to his list which entirely ended the deal. Trouba was hesitant to move his wife and family out of New York as his wife is finishing up her residency as a medical doctor as outlined in the report from Kaplan.
- The fourth-overall pick of the 2024 NHL Draft, Cayden Lindstrom, is now the highest-selected player from the recent draft who has not signed his entry-level contract. Aaron Portzline of The Athletic reports there is no cause for concern, as the general manager of the Columbus Blue Jackets, Don Waddell, is entirely focused on hiring a new head coach for the franchise. The Blue Jackets still have plenty of time to sign Lindstrom to an entry-level contract which theoretically doesn’t need to be done this offseason. The young power forward will likely return to the WHL next season to continue his development.
- Matt Wellens of Duluth News Tribune reports that Boston Bruins’ prospect, Cole Spicer, is done playing hockey for the foreseeable future. Spicer was the 117th overall selection of the 2022 NHL Draft and recently wrapped up his sophomore campaign with the University of Minnesota-Duluth where he scored five goals and nine points in 17 games. According to the report from Wellens, Spicer is planning on taking some time to deal with ‘personal and mental stuff’ before fully committing himself to a career in hockey.
Penguins GM Kyle Dubas Discusses Offseason Plans
Last offseason was an eventful one for Penguins President and GM Kyle Dubas. He wound up losing his job in Toronto only to be hired by Pittsburgh soon after. Meanwhile, a search for a GM resulted in Dubas simply removing the interim tag from himself.
On the ice, the Penguins were active both on the trade front and free agency. They added Erik Karlsson in a three-way deal with San Jose and Montreal and Reilly Smith from Vegas on the draft front while adding Ryan Graves, Alex Nedeljkovic, and Lars Eller (among others) on the open market. But the end result wasn’t an improvement in the standings as they finished fifth in the Metropolitan Division for the second straight year and missed the playoffs.
This time around, it appears the Penguins will be taking a different approach to their summer activity. Dubas told NHL.com’s Adam Kimelman that the priority will be replenishing their younger assets:
The major focus for us is on right now acquiring as many young players, as many prospects and as many draft picks as we can to try to infuse the team with really good young talent, young players and then have that stocked up for the future as well and attempt to get us back into contention as quickly as we can.
The stated goal of trying to get younger should come as no surprise. After all, the Penguins had the highest average age of any NHL team in 2023-24. But it also then stands to reason that Dubas might not be as aggressive when it comes to adding veteran win-now pieces. Per CapFriendly, they have a little under $13MM in cap room and if prospect Joel Blomqvist ultimately replaces Nedeljkovic (a pending UFA), they won’t have any key free agents of note to contend with; there will be room to add pieces as a result.
In that scenario, it wouldn’t be surprising to see Dubas look to some of the younger options on the open market such as Jake DeBrusk or Anthony Duclair, players who can help the team but are still a few years younger than the average age of the team to help them get a little younger and quicker.
Meanwhile, one of the other items on their summer to-do list will be working on an extension for Sidney Crosby. Dubas had this to say about getting his captain extended:
The key for us is, because of the importance of it and how much Sid means to the organization and the city, we want to keep that as quiet as possible and go through it. And then hopefully as we get through this summer, get a sense where everybody’s at and then let everybody know at the right time.
The 36-year-old has been Pittsburgh’s franchise forward since he was selected first overall back in 2025. He has averaged more than a point per game in all 19 NHL seasons, tying Wayne Gretzky’s NHL record while Crosby now sits tenth in all-time scoring. He has carried a cap hit of $8.7MM since the 2008-09 season and with how he has played since then, there’s a case to be made that he could get that much or more on an extension.
The length of the deal will ultimately dictate what happens on that front as it’s quite possible that Pittsburgh could do what they did with mainstays Evgeni Malkin and Kris Letang when their deals were up, giving them a longer term than expected in an effort to keep the cap hits down. One way or the other, it seems quite likely that a new deal for Crosby will get done at some point this summer.
Penguins Notes: Prospects, Injuries, Rebuild
Pittsburgh Penguins general manager Kyle Dubas had an eventful locker-room cleanout, sharing plenty of news, updates, and plans with the media following the end of the season. Most exciting of the bunch was Dubas’ support of the team’s young prospects, sharing that he expects forwards Brayden Yager, Vasili Ponomarev, and Sam Poulin; defenseman Owen Pickering; and goaltender Joel Blomqvist to each compete for NHL roles next season, shares Rob Rossi of The Athletic (Twitter link).
Penguins fans will hope that their GM is right as he alludes to young talents holding onto lineup roles. Pittsburgh carried the oldest roster in the NHL this season, with an average age of 29.78 per EliteProspects.
They’ll certainly get plenty of talent in the names Dubas mentioned. Both Yager and Pickering spent the season in the WHL. Yager had a career year, scoring 35 goals and 95 points and adding five points in five World Juniors games. Pickering also recorded career-high scoring – though not with as much of a jump as Yager – netting 46 points in 59 games to top his 45-point season last year. Meanwhile, Blomqvist served as the starter for the Wilkes-Barre/Scanton Penguins, recording a dazzling .921 save percentage in 44 games.
Other notes from Pittsburgh’s cleanout:
- Dubas also shared that legacy defenseman Kris Letang will be getting a second opinion on if he needs surgery this summer to address an undisclosed injury, per Seth Rorabaugh of the Tribune-Review. Rorabaugh also mentioned that Matthew Nieto suffered another injury following his surgery in January, and will seek a second opinion on if surgery or rehab is the next step. Emil Bemstrom is also hurt, finishing the season with a concussion. Nothing was made about these injuries being alarming, though Penguins fans will want to keep a close eye on Letang’s recovery. The future Hall-of-Famer appeared in all 82 games this season, but reportedly played through injury down the stretch.
- Dubas hinted at an interesting approach in his press conference, saying that the Penguins wanted to approach their rebuild similar to how the Los Angeles Kings have approached theirs, per The Athletic’s Josh Yohe (Twitter link). The Kings have managed a fairly quick rebuild – if this year’s postseason berth signifies success – while maintaining key veterans like Anze Kopitar and Drew Doughty. The Penguins will approach things similarly, looking to build around their long-time core of Sidney Crosby, Evgeni Malkin, and Letang. The Kings were aggressive in the open market, acquiring Phillip Danault, Pierre-Luc Dubois, Kevin Fiala, and Vladislav Gavrikov. One has to think Michael Bunting and Erik Karlsson represent two of these impactful additions, though Pittsburgh will need to continue addding if they want to claw back into the postseason.