Report: Pittsburgh Penguins close to extending Sidney Crosby

The Pittsburgh Penguins and Sidney Crosby's representatives continue to work on the parameters of a contract extension and according to Rob Rossi of The Athletic, the two sides are getting very close.

At this point the average annual value or term are not known, but it's expected to be a multi-year deal around the $8 million mark. Crosby took a home-team discount back in 2013, and has been making $8.7 million per season since, one of the league's most underpaid players.

Crosby turns 37 in August, but hasn't shown any signs of slowing down anytime soon. He's entering his 20th NHL season in 2024-25 and is coming off a 94-point campaign, however the Penguins failed to make the Stanley Cup Playoffs, despite lofty preseason expectations.

The Penguins currently have $3.5 million in cap space to work with, and have been recently linked to missing out on Vladimir Tarasenko, who ended up signing with the Detroit Red Wings. President Kyle Dubas is working hard trying to upgrade the roster for next season, keep his legends happy, but also make the roster younger moving forward.

Dubas has plenty of work left to do for the 2025-26 season as Crosby is without a contract and the team is going to have over $20 million in cap space to work with after next season, assuming Crosby takes up roughly $8 million of the current $30 million available on the books.

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