Jul 1, 2010, 2:34 PM EDT
The Pittsburgh Penguins and GM Ray Shero have done what many thought impossible: upgrade on defense despite losing Sergei Gonchar.
We don’t have the financial terms just yet, but ESPN and multiple sources have reported that the Pittsburgh Penguins have signed Paul Martin, right after signing Zbynek Michalek.
[Update:] Martin signed a five-year, $25 million contract, which is right around what we expected after Gonchar signed with Ottawa.
So now the Penguins have signed two of the top four defensemen on the open market today, and they have definitely upgraded on the blueline now.
It doesn’t even really depend on exactly what the financials for Martin are, as at his age his of much better long-term value than Gonchar. The Penguins have improved on defense and will once again be a dangerous team next season. The Penguins will be a bit tight against the cap again, but it looks like they have their team for season just about ready to go.
- Agent: Franson has spoken with ‘half a dozen’ teams (Updated) 7
- Your 2015 HHOF Class: Fedorov, Housley, Lidstrom, Pronger, Ruggiero 31
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder 94
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ 82
- Sens’ Chiasson headed for arbitration 1
- Pricey Platoon? Stars reportedly sign Niemi for three years, $13.5M 18
- Hodgson, Stalberg placed on unconditional waivers 24
- Buyouts loom as Richards, Parenteau and Fistric clear unconditional waivers 4
- UFA of the Day: Chris Stewart 18
- Penguins sign Ian Cole to a three-year, $6.3 million deal 11
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (96)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (86)
- Trade: Flames land Dougie Hamilton for package of picks (75)
- Trade: Busy Bruins send Lucic to Kings (66)
- Consensus reached: 5 minutes of 3-on-3 OT could be in place for 2015-16 (60)