Report: Kris Letang, Penguins make progress on new deal

Pittsburgh Penguins and defenseman Kris Letang are reportedly close to agreeing to a new contract.

According to The Fourth Period editor 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 would net Letang around $7-8 million a year.

NHL free agency opens 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 contract worth “something north of $8 million per year, maybe up to $9 million.”

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

Letang played his entire 16-year NHL career with the Penguins, who drafted 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).

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

Six-time star player, Letang won two Stanley Cups with the Penguins in 2009 and 2016.

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