Report: Kris Letang, Penguins moving toward new deal

The Pittsburgh Penguins and point guard Kris Letang are close to agreeing to a new contract.

According to The Fourth Period editor-in-chief Dave Pagnotta, Letang and the Penguins have made progress on a new deal in the past 24 hours. A guest on 93.7 The Fan in Pittsburgh on Friday, Pagnotta added that the contract will pay Letang about $7-8 million per year.

NHL free agency begins July 13, giving the Penguins little time to negotiate with the 35-year-old before he hits the open market.

Josh Yohe of The Athletic reports that Letang is looking for a five-year deal worth “something north of $8 million a year, maybe up to $9 million.”

According to Yohe, the Penguins have offered Letang a three-year contract.

Letang played his entire 16-year NHL career with the Penguins, who selected him in the third round (No. 62) of the 2005 NHL Entry Draft.

Among the all-time leaders in Penguins franchise history, Letang ranks third in games played (941), fifth in assists (506) and fifth in points (650).

Letang played in 78 games last season, finishing with 68 points (10 goals, 58 assists).

A six-time All-Star, Letang won two Stanley Cups with the Penguins in 2009 and 2016.

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