Skip to content

Penguins GM says Malkin might draw team’s highest salary

Jan 7, 2013, 6:32 PM EST

Sidney Crosby, Evegeni Malkin AP

The Pittsburgh Penguins made a massive investment by signing Sidney Crosby to a 12-year, $104.4 million deal, but re-signing Evgeni Malkin might even be more expensive. At least on average.

Penguins GM Ray Shero admitted to the Pittsburgh Tribune-Review that he “discussed the likelihood” of Malkin becoming the team’s highest-paid player with Crosby during their June 2012 contract discussions.

Making that happen won’t be easy; both Malkin’s and Kris Letang‘s contracts expire after the 2014-15 campaign.

“I did not anticipate what the salary-cap number would be, but I‘ve said over the years that you had to anticipate the (last labor contract) was ending,” Shero said. “And I wanted to be in a position to sign (captain Sidney) Crosby, Malkin and (defenseman Kris) Letang.”

Shero didn’t explain how he could pull that off, however.

It remains to be seen if Malkin’s annual cap hit climbs from his current one, which matches Crosby’s $8.7 million mark. Letang should expect a massive bump from his $3.5 million rate, on the other hand.

Could that mean a buyout for someone who had a disappointing season for his price like $5 million defenseman Paul Martin? That’s unclear, but here’s what Shero had to say about him:

“He‘s embarrassed by the year he had,” Shero said. “He‘s promised to be the player we know he is, but it‘s up to Paul to bounce back.”

And then it will be up to Shero to decide who comes back, in the long run.

Latest Posts
  1. Oilers chase Lehtonen with three unanswered goals

    Dec 21, 2014, 7:39 PM EST

    Arcobello goal

    The Stars swapping goaltenders didn’t slow Edmonton.

  2. Brad Richards out with upper-body injury

    Dec 21, 2014, 6:48 PM EST

    Brad Richards Getty Images

    He had been playing with Patrick Kane and Kris Versteeg.

  3. Jordan Staal (leg) might return before New Years Eve

    Dec 21, 2014, 5:56 PM EST

    Jordan Staal Getty Images

    The Hurricanes are getting close to full strength.

  4. Roy: 95 percent chance Varlamov will return Tuesday

    Dec 21, 2014, 5:00 PM EST

    DENVER, CO - APRIL 03: Goalie Semyon Varlamov #1 of the Colorado Avalanche makes a glove save against the New York Rangers at Pepsi Center on April 3, 2014 in Denver, Colorado. The Avalanche defeated the Rangers 3-2 in an overtime shootout. Getty Images

    Will Calvin Pickard be sent to the minors once Varlamov is healthy?

  5. Hansen misses Canucks’ practice Sunday

    Dec 21, 2014, 3:00 PM EST

    Jannik Hansen Getty Images

    Collapsed on the team’s bench Saturday night.

  6. Report: Eakins could head back to Toronto

    Dec 21, 2014, 2:15 PM EST

    Edmonton Oilers' head coach Dallas Eakins, center, stands on the bench above David Perron, from left to right, Sam Gagner and Ryan Jones during third period NHL hockey action in Vancouver, British Columbia, Friday, Dec. 13, 2013. (AP Photo/The Canadian Press, Darryl Dyck) AP

    Was fired by the Oilers Dec. 15.

  7. Zepp to make NHL debut in Flyers’ net Sunday

    Dec 21, 2014, 1:30 PM EST

    Philadelphia Flyers v New Jersey Devils Getty Images

    The 33-year-old was recalled Friday.

  8. Could Malkin be the next player to be fined for diving?

    Dec 21, 2014, 12:45 PM EST

    Evgeni Malkin AP

    The Penguins forward was penalized twice for embellishment on Saturday.

  9. Sabres’ recall Pysyk and Schaller from AHL

    Dec 21, 2014, 12:00 PM EST

    Tampa Bay Lightning v Buffalo Sabres Tampa Bay Lightning v Buffalo Sabres

    Torrey Mitchell and Tyson Strachan have been placed on IR

  10. Former Pens Niskanen and Orpik react to Bylsma’s firing

    Dec 21, 2014, 11:15 AM EST

    Dan Bylsma AP

    They’re not impressed with how Bylsma and his staff were treated.

  11. Hurricanes activate Semin from IR

    Dec 21, 2014, 9:45 AM EST

    Alexander Semin Getty Images

    Had just one goal in eight games prior to the injury.

  12. Canucks end five-game skid, extend Flames’ drop to eight

    Dec 21, 2014, 1:18 AM EST

    Chris Tanev, Jonas Hiller AP

    Christopher Tanev scored the overtime winner on his birthday.

  13. Video: Hansen collapses on bench after absorbing hard hit

    Dec 21, 2014, 12:33 AM EST

    Jannik Hansen Getty Images

    Vancouver reported it’s holding him out of the rest of the game for precautionary reasons.

  14. Video: Flames score on their own empty net

    Dec 20, 2014, 11:20 PM EST

    Canucks goal

    They had pulled their goaltender on a delayed penalty.

  15. Vasilevskiy stops 45 shots in second NHL start, but falls to Islanders

    Dec 20, 2014, 11:05 PM EST

    Tampa Bay Lightning v New York Islanders Getty Images

    Stamkos hopes this loss will serve as a wake up call.

  16. Giroux line takes Leafs ‘to school’ in Flyers’ 7-4 victory

    Dec 20, 2014, 10:43 PM EST

    cd0ymzcznguwzdbhnduynddiytjhm2yyzthlmtjjotqwyyznpwuzoduwotrhmju5njfjnwe4mjgyyjllyzyxyzu0odkz AP

    Ray Emery certainly got a lot of offensive help with Steve Mason out.

Featured video

More than a Stanley Cup hangover?
Top 10 NHL Player Searches
  1. S. Crosby (4111)
  2. B. Bishop (3730)
  3. C. Perry (2402)
  4. D. Krejci (2382)
  5. C. Crawford (2343)
  1. C. Kunitz (2330)
  2. B. Elliott (2234)
  3. O. Palat (2034)
  4. J. Schwartz (1804)
  5. T. Hall (1734)