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Penguins Weigh Evgeni Malkin’s Future Amid Rebuilding

5/14/2026, 9:02:48 AM

Malkin’s Free Agency Status

Center Evgeni Malkin becomes an unrestricted free agent on July 1, 2026, at age 40, a $3.8 million cap hit. In 2025-26 he recorded 19 goals, 42 assists and a +13 rating in 56 games.

Recent Performance and Roster Landscape

Pittsburgh posted a 41-25-16 record for 98 points, 10th overall, then fell in the first-round to Philadelphia. GM Kyle Dubas noted $46 million of cap space but called the free-agent pool “fossils and bums.” He said the team lacks “players in their late 20s, mid-20s, that were real difference makers” and has no younger top-six forwards for the aging core.

Key Figures

The decision involves GM Kyle Dubas, center Evgeni Malkin, Sidney Crosby (eligible for extension on July 1), and Kris Letang (two seasons).

Numbers That Matter

Malkin’s 2025-26 totals: 19 G, 42 A, 61 P, +13 rating, $3.8 M cap hit. Team record 41-25-16, 98 points, $46 M cap space, and a –25 goal differential.

Official Statements & Responses

Dubas said “would love to have him back,” called Malkin “a special player,” and noted no prospect is ready to fill his offensive role. He added it “doesn’t think he’s blocking anybody.” Dubas admitted it is “still well short of where we aspire to be” and that “we have a long way to go.” Malkin said he plans to play next season and would prefer to stay with Pittsburgh.

Criticism & Opposition

Analysts warn that clinging to the “core three” may impede a rebuild. Dubas acknowledged decisions could “make somebody or the fans unhappy,” highlighting tension between nostalgia and talent. The lack of replacements for Malkin and Crosby fuels debate over a short-term playoff push versus a longer-term rebuild.

Conflicting Reports & Gaps

All sources agree Malkin wants to stay, but no contract details have been released. Media speculation varies on a two-year extension, a year-by-year deal, or a raise. Malkin has not issued an official comment beyond his intent to play.

Verbatim Quotes

  • “At some point, it’s me that’s going to make somebody or the fans unhappy with certain decisions. We always have to do what’s best for the Penguins, whether it’s unpopular or makes people unhappy. That’s how we have to operate, regardless of who they are or how long they’ve been here.” — Kyle Dubas, GM
  • “He’s a special player,” — Kyle Dubas, GM
  • “So we would love to have him back, and we continue to work with J.P. on it,” — Kyle Dubas, GM
  • “I don’t kid myself. We have a long way to return to being a contender.” — Kyle Dubas, GM

What’s Next

Free agency opens July 1, when Malkin’s status and Crosby’s extension decision will be finalized. Dubas said talks with Barry’s office continue and a clean agreement could be reached quickly. Training camp starts in September, and the Penguins must decide whether to draft phenom Gavin McKenna or pursue options to add youth.