July 1, 2008 Evgeni Malkin and the Penguins have reached an agreement in principle to sign the scoring star to a 5-year contract extension, according to the Pittsburgh Post-Gazette. Terms of the deal haven't been announced, but it is believed that the deal will very closely resemble the 5-year, $43.5 million deal of Sidney Crosby.
June 25, 2008 Evgeni Malkin won't be moving to Russia to sign a mega dollar contract, and in fact he might be willing to take a lower salary to sign a huge long-term deal with the Penguins, according to the Post-Gazette.
June 22, 2008 Updating an ongoing story, reports are coming forth that Pittsburgh forward Evgeni Malkin and the Penguins are currently working on a new long-term deal to keep the offensive powerhouse in Pittsburgh, according to ESPN.com.
