Rumblings: Penguins regarded League-Wide as overplaying their hand in Malkin Negotiations

Almost two months later now, so what exactly happened between Evgeni Malkin testing to free agency to a day later resigning with the Penguins on a Four year, $26.4 Million Contract?

To put it bluntly, Evgeni Malkin in July truly got a legacy contract from the Penguins. There was no going to be no legitimate market for Malkin.

The Malkin contract continues to be looked at as a major head scratcher from rival executives.

“Worst Contract of Free Agency” an NHL source exclaimed. “Knees are shot. Nobody was going three years.”

Others have the same view in that Pittsburgh backed themselves into a corner by publicly professing they offered Malkin a four year contract.

“B[hide]urkie put his foot in his mouth by going to reporters,” a league source said of the Penguins President of Hockey Operations. “It backed them [Pittsburgh] into a corner.”[/hide]

From the evening of July 11 to the late afternoon of July 12, the Malkin camp led by JP Barry and To read this insider news, subscribe to get “Inside Access”! came to the conclusion that the best offer they were going to receive was ‘maybe’ a two year offer from the To read this insider news, subscribe to get “Inside Access”!

And that was not going to be a guarantee to go along with the fact that it wasn’t a destination atop Malkin’s wish list.

Washington made it known they planned To read this insider news, subscribe to get “Inside Access”!

Malkin didn’t just get a great deal for himself personally based on the market he was going to have, Barry got the edge in structuring the contract the way he did as year four of the deal when Malkin will be 39 years old, $3.8 million of his $4.8 million salary is due in a signing bonus on July 1, 2025, three months before start of the 2025-2026 season.

To read this insider news, subscribe to get “Inside Access”!