Pittsburgh Hockey Insider has no direct affiliation to the Pittsburgh Penguins, NHL or NHLPA

Evgeni Malkin extension update arrives as Penguins chase the playoffs


PUBLICATION
Daniel Lucente
February 19, 2026  (11:58)
SHARE THIS STORY

Pittsburgh Penguins forward Evgeni Malkin (71) during a stop in play against the Vancouver Canucks in the second period at Rogers Arena.
Photo credit: Bob Frid-Imagn Images

Evgeni Malkin and the Pittsburgh Penguins are circling an extension talk, and the stakes feel personal for a franchise that still wants playoff noise.

The plan was to meet during the Olympic break, but it has not happened yet.
That does not mean it is dead.
The latest report says Kyle Dubas and Malkin’s agent, J.P. Barry, still expect a sit-down before the NHL schedule resumes next week.
Malkin is in the final year of his four-year, $24.4 million contract, a $6.1 million cap hit, and he can hit UFA on July 1.
The chatter points to a one-year extension being the cleanest fit, and a number around $5 million has been floated.
On the ice, Geno has made the case the old-school way, with production.
He has 13-31-44 in 41 games, and he still drives the man advantage when the puck starts moving east-west.

Evgeni Malkin keeps the Pittsburgh Penguins dangerous

Honestly, a lot of fans were ready for the goodbye tour, so hearing “one more year” lands like a surprise burst of hope.
Pittsburgh sits 29-15-12, and that record changes how you negotiate.
If you are in the race, you do not rush a breakup with a top-six center who can tilt a game on one shift.
The tricky part is role and pace.
Malkin cannot carry every matchup anymore, but he can feast when the lines are built to get him touches in space.
A one-year term also keeps the blue line and goalie plans flexible, instead of chaining the cap to sentiment.
If the conversation happens before play returns, it could calm a room that has been waiting for clarity since October.
Either way, the next Penguins game after the break is going to feel like a measuring stick for how serious this push really is.
POLL
FEVRIER 19|182 ANSWERS
Evgeni Malkin extension update arrives as Penguins chase the playoffs

Should the Penguins extend Evgeni Malkin for one year?

Yes16289 %
No2011 %
List of polls

HOCKEYUNPLUGGED
COPYRIGHT @2026 - ALL RIGHTS RESERVED.
TERMS OF SERVICE - PRIVACY POLICY - COOKIE POLICY
RSS FEED - SITEMAP - ROBOTS.TXT