Connect with us

Penguins

Breaking News: Penguins Sign Rakell for Six Years at $5 Million

Published

on

Pittsburgh Penguins Rickard Rakell

Hours after negotiations with Evgeni Malkin broke down, the Pittsburgh Penguins reached a long-term contract agreement with another top-six forward.

Rickard Rakell, acquired from Anaheim at the trade deadline, agreed to a six-year deal that carries a salary-cap hit of $5 million.

He was scheduled to be an unrestricted free agent Wednesday, and would have been free to sign with another team without the Penguins having the right to match the offer or receive compensation.

The new contract gives Rakell a raise from the $3,789,444 he was making on the one that is about to expire.

The Penguins parted with four assets — forwards Zach Aston-Reese and Dominik Simon, goaltending prospect Calle Clang and a second-round draft choice — at the trade deadline to acquire Rakell from the Ducks, who had made him a first-round draft choice in 2011.

Rakell, 29, was quite productive after joining the Penguins, recording four goals and nine assists in 19 games. He was injured on a high hit late in the first period of Game 1 in their opening-round playoff series against the New York Rangers and logged a total of just 18 minutes, 52 seconds in the series.

Rakell’s deal leaves the Pittsburgh Penguins with about $10.3 million in salary-cap space to fill out their roster for 2022-23. Assuming they don’t retain Evgeni Malkin, most of that money figures to go toward signing a second-line center.

Malkin, Danton Heinen and Evan Rodrigues are the most prominent Penguins players who are poised to enter unrestricted free agency, while restricted free agent Kasperi Kapanen also needs a contract.

Subscribe to PHN+
30 Comments
Subscribe
Notify of
guest
30 Comments
Inline Feedbacks
View all comments
Ted Vantroba
Ted Vantroba
1 month ago

Best Pens news of the day!!

JICS
1 month ago
Reply to  Ted Vantroba

AMEN & AMEN again – I was holding my breath for that one, and was concerned that Malkin was going to stay undecided long enough for us to lose Rakell !!!

Bob
Bob
1 month ago
Reply to  JICS

Exactly!

Connie Mazerov
Connie Mazerov
1 month ago

Absolutely the best news from the Pens. I love Rakell’s work and am thankful that we ended up signing him to a long contract.

Irish Hammer
Irish Hammer
1 month ago
Reply to  Connie Mazerov

Amen

Bob
Bob
1 month ago
Reply to  Connie Mazerov

Yes I think this is the icing on the cake as far as Malkin goes and the Pens are done playing his game and his agents. Thought for sure they were going to sign him and snub Rakell. Was worth the sweat now for the fans waiting for them to sign him. Awesome news!

Rich Filardi
Rich Filardi
1 month ago

Dan, what are the chances they trade for a center- player like Scheifele?

Dan Kingerski
Admin
1 month ago
Reply to  Rich Filardi

slim to none. They don’t have the horses to trade for a player like that.

Kurt
Kurt
1 month ago
Reply to  Dan Kingerski

Ahh’ but you never know? Don’t forget a few huge trades happened in the past that came out of nowhere? Sometimes GMs depending on friendships or favors owed from the past? You never can tell when trades like I’m referring to are going to happen because of the uncommon facts?

Bachinga
Bachinga
1 month ago
Reply to  Kurt

“OH you’re my friend and you held the door open for me once so I’ll take a case of Labatt’s and three pucks for my best centerman and a player very other team covets…”

Kurt
Kurt
1 month ago
Reply to  Rich Filardi

Well , chances are the pens are going to make a trade however don’t get excited because the team has pretty much been blunt about how the front office is trying to shed a couple contracts which means something bigger is in the air? Just my opinion but be prepared for the pens to dump at least 1 significant contract.

Bob
Bob
1 month ago
Reply to  Rich Filardi

Sheifle isn’t going anywhere. His career started there and will possibly end there. He loves it there and will stay I hear.

Curt Lindner
Curt Lindner
1 month ago

A big piece that the Pens needed to get inked. This surely sets Wednesday up as a most important day in the steel city. Now if we can just add some grit added to the lineup whether it be thru a “D” man trade or a forward acquisition, I feel this is paramount to keep the goons away from Sid. LET’S GO PENS!

Irish Hammer
Irish Hammer
1 month ago
Reply to  Curt Lindner

Amen

Chris R
Chris R
1 month ago

Strome.

Rob
Rob
1 month ago

Not much cap space left to fill out the roster. Who are you trading Hextall?

Stephen Powanda
Stephen Powanda
1 month ago

I think we still need to pick up a tough DMAN, a Gritty Winger and a center. We need to ditch 2 DMEN

Bob
Bob
1 month ago

Manson is my pick and I hear Hextall covets him. We’ll see. Colorado gave up some future for him and hard to see them let him walk but you never know.

Jstripsky
Jstripsky
1 month ago
Reply to  Bob

After the Nichushkin contract, what Kadri might get and what McKinnon will get next year might make keeping Manson impossible, but there will be other teams looking at him.

Brandon O
Brandon O
1 month ago

I don’t know how I feel about this move until everything is finished. On the surface it seems like an overpay in term. 5 mil is good for a couple years but I don’t see Rakell as the kind of player that ages well. He also doesn’t have the defensive game to maintain value if his scoring dries up. Unless Rakell reverses his trajectory and hits another level in his 30s, this feels like 3 years too much at his max value of 5 mil. We’ll see how this looks fit-wise after the other moves are made.

Bokonon80
Bokonon80
1 month ago

Thrilled with this. If you assume Zucker plays you have the potential for a much improved second line. Trading Peterson would leave you with $14M to sign a top tier center in the 5-8M range and the cap space to add some size and grit to your bottom six.

Bob
Bob
1 month ago
Reply to  Bokonon80

Maybe Zucker is being bought out?

Brian Calhoun
Brian Calhoun
1 month ago

Gritty winger and some protection? Cough, cough.. Deslauriers. He most likely wont be returning to the Wild. That would be another much needed addition to the team.

Jstripsky
Jstripsky
1 month ago

I wonder if this is also a not so subtle message to Malkin and his agent….. we aren’t going to cave in and are willing to move on. Right or wrong, Hextall made a move without taking days… weeks… months…

Kurt
Kurt
1 month ago

This was a smart move period!!! I hope to see him with Crosby and Guentzel ? I thought it was a really awesome element he brought to Sids line and I love what Hextall is doing and the handprint he and Brian Burke are putting on this team, in my opinion Sully is probably salivating at the fact he is getting the kinds of player’s that aren’t afraid to throw their weight around , I think the Pens were impacted more than anyone realizes when Kris Kunitz left the pens? But if Hextall makes 1 or 2 good decisions I… Read more »

Knobman
Knobman
1 month ago
Reply to  Kurt

Agree about Hextall making a couple more good decisions. After Wednesday and Thursday, what he does or doesn’t do will decide for me if this is the type of GM we want for the Pens.

Bob
Bob
1 month ago

Maybe Malkin and his agent are talking to the Panthers and possibly staying in his home town Florida? Guess Malkin’s feelings are hurt and obviously the money factor was more important to him anyway. If this is the case at least we won’t find his equipment in his driveway in Pittsburgh like we did with Patric Hornqvist!

charmaine dawso
charmaine dawso
1 month ago

wonderful news to wake up to this morning. I was so hoping they would be able to retain Rakell.

ric jefferies
ric jefferies
1 month ago

This thing has more drama than teenage girls at a Jr high school dance . Sign PLEASE Heinen and Rodrigues…..

Pete
Pete
1 month ago

Good deal. Now we get a 2C in free agency that will actually play a full season and Pens should be good. Still need muscle!

Join PHN Extra!

Join PHN+ today for exclusive content from Dan, Dave and Shelly plus a completely Google ad-free experience.

PHN+

Or enter your email below to sign-up for our mailing list.

Thank you!

Something went wrong.

No thanks. I don't want.