Penguins give Marcus Pettersson a 5-year, $20.1 million contract extension

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The Pittsburgh Penguins locked up a key piece of their defense on Tuesday by signing Marcus Pettersson to a five-year contract extension. The deal runs through the end of 2024-25 season and is worth a total of $20.1 million. That comes out to a salary cap hit of just a little more than $4 million per season.

This deal was a long-time coming for the Penguins after they wanted to sign him to a long-term deal this past summer when he was still a restricted free agent. But the team’s salary cap situation at the time prohibited that from happening, resulting in the one-year contract he is playing on this season.

As of Tuesday he has one goal and 15 total points in his first 50 games this season, while also posting strong possession numbers. It is a pretty fair deal for both sides and falls right in line with what a solid, second-pairing defenseman is worth. That is exactly what Pettersson has become for the Penguins.

The Penguins acquired him in the middle of the 2018-19 season in the trade that sent Daniel Sprong to the Anaheim Ducks.

Pettersson and standout rookie John Marino have helped bring mobility and puck-moving ability back to the Penguins’ blue line. That improvement has turned what was a pretty significant weakness a year ago into a real strength.

The Penguins now have a significant part of their defense signed to long-term deals, while Marino still has one more full season remaining on his entry-level contract. That would seem to make it increasingly unlikely that Justin Schultz, a pending unrestricted free agent this summer, will get re-signed.

Adam Gretz is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @AGretz.

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