Penguins Re-Sign Alex Nedeljkovic to 2-Year Deal

The Pittsburgh Penguins have made a notable move, re-signing goaltender Alex Nedeljkovic to a two-year, $5 million contract ($2.5 million AAV).

Welcome back, Ned!

The Penguins have re-signed goaltender Alex Nedeljkovic to a two-year contract.

The contract runs through the 2025.26 season and carries an average annual value of $2.5 million.
— Pittsburgh Penguins (@penguins) June 20, 2024

Nedeljkovic was one of the top goalies who could hit the free agent market on July 1. However, instead of testing the market, he will continue to be a part of the Penguins' crease with Tristan Jarry.

After a rocky two-year stint with the Detroit Red Wings, Nedeljkovic had a solid season with the Penguins in 2023-24. In 38 games, he posted an 18-7-7 record, a 2.97 goals-against average, and a .902 save percentage. In addition, due to Jarry's struggles, Nedeljkovic started in the majority of the Penguins' games in both March and April.

Clearly Nedeljkovic impressed the Penguins this season, and this nice two-year contract effectively displays that. He also is getting a nice raise, as he carried a $1.5 million cap hit for the 2023-24 season with the Penguins.

Nedeljkovic will now look to continue to be a strong part of the Penguins' crease over the next two seasons. This is a pretty reasonable deal for the 28-year-old, and it will be very interesting to see how he performs with the Penguins from here.