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Malkin re-signs as Penguins consider Karlsson trade

May 29, 2026

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The Pittsburgh Penguins are navigating a pivotal offseason, highlighted by the re-signing of Evgeni Malkin and looming decisions regarding Erik Karlsson. According to Canucks Army, the Penguins announced they had re-signed Malkin to a one-year, $5.5 million contract, a move that underscores the team's commitment to its core.

Malkin, who has spent his entire 20-year NHL career with the Penguins, scored 19 goals and 42 assists last season, contributing significantly to the team's playoff berth. Meanwhile, The Hockey Writers report that Penguins president of hockey operations Kyle Dubas faces a crucial decision regarding Karlsson, who enjoyed his best season in Pittsburgh with 15 goals and 66 points.

At 36 years old, Karlsson's future is uncertain as he holds a no-movement clause, and Dubas may consider trading him to build a younger roster. However, Karlsson's performance under head coach Dan Muse, who utilized him effectively, raises questions about the wisdom of letting him go, especially with the team lacking depth on the right side.

As Dubas seeks to make the Penguins a serious Cup contender again, these roster decisions will significantly impact the team's competitiveness in the upcoming season.

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