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Evgeni Malkin’s cap hit of $9.5 million, which will take hold in October 2014, is roughly 10 percent above the $8.7 million of teammate and fellow megastar Sidney Crosby. Sid the Kid signed his 12-year extension (total $105 million) prior to this season’s lockout and the CBA negotiated in January limits contract length to seven years, expanded to eight years if, like Malkin, players are retained by their own clubs.
Malkin’s cap hit will rank second by only a fraction to fellow Russian Alex Ovechkin’s $9.538 million. It’s possible that someone could sign for more in the meantime, but the only remote possibility at the moment would seem to be Rangers goalie Henrik Lundqvist, who, like Malkin, has one year left on his contract.