The Penguins have finalized a seven-year contract with goalie Marc-Andre Fleury and have reached agreements to obtain two free-agent wingers.
The Fleury deal is believed to be worth $35 million, which translates to an annual salary-cap hit of $5 million.
The year-by-year breakdown of his salary is not yet known.
Getting the deal done means the Penguins and Fleury will not have to go to salary arbitration, which the team filed for last month to prevent Fleury from testing the open market this week as a restricted free agent.
Also today, the Penguins have agreed to one-year contracts with free-agent wingers Miroslav Satan and Ruslan Fedotenko, both of whom spent last season with the New York Islanders.
Satan's is worth $3.5 million, Fedotenko's is worth $2.5 million.
Satan has outstanding goal-scoring ability but has been criticized for being a no-show in some games.
He is coming off one of his least productive seasons, with just 16 goals and 25 assists in 80 games on Long Island.
Fedotenko had 16 goals and 17 assists in 67 games in 2007-08.
The Penguins are believed to have focused on those two after learning they would not be able to sign ex-Penguin Markus Naslund.