This certainly changes the outlook for the Pens at the trade deadline. You'd think they'll certainly go after a scoring forward if they're able to reclaim the cap space that Geno was using at least for the remainder of this season.
That would limit the alternatives to guys in the final year of their contracts, since they don't have the ability to add bigger salaries over more than one season.
Here are the direct quotes from Bylsma on Malkin:
Evgeni Malkin had an MRI this morning. The results show that he has a torn MCL and a torn ACL. At this point in time we are discussing options with the doctors on what to do next.
This is a difficult injury for him. It was kind of a fluke situation going into the boards with a guy. That's a tough injury for Geno. We have dealt with games without him. We've managed to find our way without him. That's what we're going to have to look at now.
We're discussing options with our doctor. Surgery is a possibility. I'm not sure if there are rehab possibilities. But right now I just got the news on the MRI.