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What the Kris Letang contract means on the ice and (on the books) for the Penguins

It’s not a surprise that the Pittsburgh Penguins and Kris Letang announced a contract extension today, as news and reports over the last week or two have been trending positively towards just such a resolution.

The particulars of the contract are fascinating, however, as more details come out.

At 34 years old for most of last season, Kris Letang turned back the hands of time in 2021-22. He had a tremendous season that showed Ron Hextall and the Pens that this player was worth an investment for the rest of his playing days. Letang was fourth in the whole NHL with 25:47 average time on ice per game, set a career-high with 58 assists and 68 points with a tremendous performance.