Penguins ink Malkin to 8-year extension

Pittsburgh Penguins' Evgeni Malkin celebrates a goal against the New York Rangers with teammate...

Pittsburgh Penguins' Evgeni Malkin celebrates a goal against the New York Rangers with teammate Brooks Orpik in the third period of an April 2012 game. (REUTERS/Jason Cohn)

QMI Agency

, Last Updated: 1:48 PM ET

Two-time Art Ross Trophy winner Evgeni Malkin could be a career Pittsburgh Penguin.

The Penguins signed the Russian superstar to an eight-year, $76 million contract extension Thursday, avoiding the potential for him to become an unrestricted free agent after the 2013-14 season.

Im so happy, Malkin said on a conference call. I like the city. Its good for hockey. I have all my fans here. Its a good team; I hope we win the Stanley Cup.

Were still young. We are a group who wins Stanley Cup before and I believe we will win again.

Malkins cap hit $9.5 million per season is slightly higher than teammate Sidney Crosbys ($8.7 million), but the latter remains the highest paid Pens player.

The 26-year-old Malkin was drafted by Pittsburgh second overall, in 2004. Malkin is already seventh on the clubs all-time points list.

I think he believes in the core of this team and that we can win again, Penguins general manager Ray Shero said. Having these guys under contract gives us the best chance.


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