The Penguins are betting big on Ville Koivunen.
On Thursday, general manager Kyle Dubas announced that Pittsburgh has signed the young forward to an eight-year contract carrying a $4 million average annual value through the 2033-34 season. It’s a major commitment for a player who has shown flashes, but still has a lot left to prove at the NHL level.
Koivunen became a restricted free agent on July 1 when his three-year entry-level deal expired after this past season. He originally signed that contract with the Carolina Hurricanes in August 2021, and it carried an NHL AAV of $880,000.
The 23-year-old winger was selected by Carolina in the second round, 51st overall, of the 2021 NHL Draft. He never played in the Hurricanes’ system, though, because he was included in the trade that brought him and Michael Bunting, among other assets, to Pittsburgh in exchange for Jake Guentzel and Ty Smith ahead of the 2023-24 trade deadline.
Since arriving in the Penguins organization, Koivunen has bounced between Pittsburgh and Wilkes-Barre/Scranton. He got into eight games with the NHL club in 2024-25, then appeared in 39 games this past season, scoring two goals and five assists for seven points. He finished at minus-10 and averaged 12:44 of ice time.
His work in the minors was a different story. Koivunen was not in Pittsburgh’s Stanley Cup Playoff lineup and instead spent that time with Wilkes-Barre/Scranton. He put up 41 points in 34 regular-season games for the Baby Pens, then added four goals and nine points in 15 Calder Cup Playoff games as Wilkes-Barre/Scranton reached the Eastern Conference final before falling to the eventual champion Toronto Marlies.
Even with that production, the length of this deal stands out because Koivunen has not yet put together a full NHL season. Dubas, though, clearly sees enough to lock him in now.
Through 47 NHL games, Koivunen has two goals and 14 points. In 109 regular-season AHL games, he has 35 goals and 98 points, along with 13 points in 19 playoff games.
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