Highest-Paid Pittsburgh Penguins Players for 2024-25 Season

Pittsburgh Penguins defenseman Erik Karlsson (65) in action during the second period of an NHL hockey game against the Washington Capitals, Thursday, April 4, 2024, in Washington.
(AP Photo/Nick Wass)

Erik Karlsson is the highest-paid Penguins player this season. Heโ€™s scheduled to make $11 million in total cash (with a cap hit of $11.5 million).

Here are the teamโ€™s highest-paid players by total cash:

Highest-Paid Penguins Players for 2024-25

1. Erik Karlsson – $11 Million

Karlsson is in the sixth season of an eight-year, $92 million contract that runs through the 2026-27 season. Heโ€™s scheduled to become a free agent in 2027.

2. Kris Letang – $6.2 Million

Letang is in the third season of a six-year, $36.6 million contract that runs through the 2027-28 season. Heโ€™s scheduled to become a free agent in 2028.

3. Rickard Rakell – $6 Million

Rakell is in the third season of a six-year, $30 million contract that runs through the 2027-28 season. Heโ€™s scheduled to become a free agent in 2028.

4. Evgeni Malkin – $5.6 Million

Malkin is in the third season of a four-year, $24.4 million contract that runs through the 2025-26 season. Heโ€™s scheduled to become a free agent in 2026.

5. Ryan Graves – $5.5 Million

Graves is in the second season of a six-year, $27 million contract that runs through the 2028-29 season. Heโ€™s scheduled to become a free agent in 2029.

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Our BetMGM editors and authors are sports experts with a wealth of knowledge of the sports industry at all levels. Their coverage includes sports news, previews and predictions, fun facts, and betting.