Although it isn't anything we haven't already heard this weekend, it gives specifics on the deal. I would assume this means that Malkin would be close to signing the extension shortly after July 1st since they are not allowed to due so prior to this date according to the NHL collective bargaining agreement; and Malkin himself said, "he expects the extension will be signed 'soon' after that date," in a Rob Rossi article.
And it continues to be made clear that Malkin wants to STAY in Pittsburgh!
"He came here for a reason," Shero said. "He came to the National Hockey LeagueThe deal is said to be for 5-6 years at $8.5 million per year.
to play in Pittsburgh."