Evgeni Malkin finally signed today with the Penguins. He agreed to a 3 year entry level deal, obviously with incentives built in. It looks like the Russian club Metallurg Magnitogorsk is believed to have abandoned legal action to force Malkin into returning to Russia to play for them. But it's believed they may seek some form of compensation. As Spector said, the NHL could offer compensation for Russia, so they will agree to a transfer agreement.