Pittsburgh Penguins right wing Rickard Rakell Tom Horak-USA TODAY Sports

As The Daily Faceoff’s Frank Seravalli reports, the Pittsburgh Penguins appear to be keeping their trade deadline acquisition around a while longer, re-signing forward Rickard Rakell. Mike DeFabo of the Pittsburgh Post-Gazette adds that the contract is expected to be for six years at $5M per season. Pittsburgh had acquired Rakell at the trade deadline from the Anaheim Ducks in exchange for a 2022 second-round pick, forwards Zach Aston-Reese and Dominik Simon, and goaltender Calle Clang.

Rakell’s extension at this rate is an interesting one, the winger having recorded as many as 34 goals and 69 points in 77 games in 2017-18, but has not come close to either of those marks since. This season, Rakell scored 20 goals to go along with 21 assists in 70 games, four goals and 13 points of which came as a member of the Penguins in 19 games after the trade. Dealing with injury, Rakell played in just two of Pittsburgh’s seven postseason games. If the forward can get back to the player he was from 2016-2018 and be a reliable 30 goal scorer, then the contract should pose great value for the Penguins.

After carrying a $3.79M cap hit, the extension brings Rakell up to $5M, leaving Pittsburgh with just over $10.3M in available salary cap space, without factoring in a new contract for RFA forward Kasperi Kapanen. The deal does not necessarily foreclose the possibility for re-signing superstar Evgeni Malkin, however the earlier news that Malkin would test free agency does put his future in the steel city squarely in doubt. Still, without Malkin, the remaining space would allow the team to pursue an extension with Evan Rodrigues, who is also slated to hit the open market on Wednesday afternoon and potentially even pursue a few extra additions to round out the roster.

More must-reads:

TODAY'S BEST
Detroit Lions dominate PFF's top-25 players under 25
Hall of Famer, legendary Raiders offensive lineman dead at 86
Report: Cavs owner 'would never' trade Donovan Mitchell to this team
Kim Mulkey adds legendary LSU alum to coaching staff
Insider details LeBron James' role in Lakers' head-coaching search
Cardinals switch up offensive line, move 2023 first-rounder to new position
Commanders poach another key overseer of Lions rebuild
Commanders to hire veteran executive as player personnel director
Guardians designate outfielder for assignment
Patriots' Drake Maye starts OTAs in surprising position
Bettors are buying Bronny James hype before the 2024 NBA Draft
Mets release veteran infielder
Anderson Silva, Chael Sonnen will finish off their trilogy in a boxing ring
Victor Wembanyama, Chet Holmgren highlight 2023-24 All-Rookie team
Jaguars' Doug Pederson discusses Trevor Lawrence contract extension
Saints, star CB 'moving forward' following trade chatter
Pacers ride historic shooting performance to Game 7 blowout of Knicks
Timberwolves mount incredible second-half comeback to stun Nuggets in Game 7
Xander Schauffele proves doubters wrong with historic win at 2024 PGA Championship
Four things we learned from Joey Logano's All-Star Race win at North Wilkesboro

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.