The announcement was made today by President of Hockey Operations and General Manager, Kyle Dubas.

Crosby's extension comes with an average annual value of $8.7 million, reflecting his dedication to the team's success both in the present and the future. Known as one of the greatest players in the history of the game, the three-time Stanley Cup champion has proven himself as a leader and a winner throughout his illustrious career.

Dubas expressed his admiration for Crosby's impact on and off the ice, stating, "There are no words to properly describe what Sidney Crosby means to the game of hockey, the city of Pittsburgh, and the Penguins organization. His actions today show why he is one of hockey's greatest winners and leaders."

The 37-year-old Crosby will be entering his franchise-record 20th season with the Penguins, with an incredible 18 of those seasons served as the team's captain. This places him behind only Steve Yzerman of the Detroit Red Wings for the longest-tenured captain in NHL history.

Considered a legend within the sport, Crosby holds numerous franchise records for the Penguins, including games played, even-strength goals, even-strength points, and game-winning goals. He ranks second in major statistical categories, such as goals, assists, and points, only trailing the iconic Mario Lemieux.

Throughout his career, Crosby has been honored with several individual awards, including two Conn Smythe Trophies as the league's playoff MVP, two Hart Memorial Trophies as the league's MVP, and two Art Ross Trophies as the league's top scorer.

Dubas emphasized Crosby's unparalleled work ethic and dedication to the game, stating, "Sid's work ethic, focus, character, and mastery of his craft are the stuff of legends to those inside hockey. His commitment reiterates our urgency to build a team around him that can return our team to contention."

In addition to his outstanding NHL career, Crosby's international success is equally remarkable. He is a member of the exclusive Triple Gold Club, having won a Stanley Cup, Olympic gold medals, and a World Championship. Notably, Crosby captained all three teams to their respective titles.

As the Penguins prepare for the upcoming season, Crosby's extension confirms the team's aspirations to reclaim their spot as contenders. His continued leadership and example as a Pittsburgh Penguin will undoubtedly play a crucial role in the team's journey.

The city of Pittsburgh and hockey fans around the world can rejoice, as one of the game's greatest players and beloved figures, Sidney Crosby, remains committed to the Penguins for the foreseeable future.