Jun 28, 2012, 11:41 AM EDT
According to TSN’s Darren Dreger, Ray Shero might follow up his draft day heist by stealing the free agency spotlight as well.
The Pens GM will reportedly announce a new deal for Sidney Crosby on July 1 with what’s believed to be a gigantic contract — worth over $100 million.
UPDATE: ESPN’s Pierre LeBrun tweets the specifics — 12 years, $104.4 million (as per Crosby’s agent, Pat Brisson.) That works out to an average annual value of $8.7 million, the same cap hit Crosby has right now.
Because 8.7 is like 87, which is Crosby’s number, see.
There are currently only two $100 million men in the NHL — Ilya Kovalchuk, who signed a 15-year, $100 million dealback in 2010 and Alex Ovechkin, who inked his groundbreaking 13-year, $124 million deal in 2008.
Crosby would be 36 when the deal expires and, should he spend all of it in Pittsburgh, will (theoretically) be in line to attack many of Mario Lemieux’s franchise marks.
So, what does the deal mean for Pittsburgh’s cap situation?
- Arbitration filed: Holtby, Nyquist & Stepan highlight list released by NHLPA 10
- Report: Plotnikov paid $500K to get out of KHL contract 12
- Philadelphia signs ’15 first rounder Provorov 11
- Brandon Saad brings championship experience to Blue Jackets 22
- Sharks sign Joel Ward to three-year deal 25
- Sabres lock up O’Reilly through 2022-23 74
- Locked in: Columbus signs Saad to six-year, $36M deal 28
- Oilers sign McDavid to entry-level contract 29
- ‘Hawks would like to re-sign Oduya, but still working through ‘financial hurdles’ 17
- Trade: Caps acquire Oshie from Blues for Brouwer, Copley and draft pick 73
- Blockbuster: Kessel traded to the Penguins (131)
- Trade: Flyers send Rinaldo to Bruins for 2017 third-rounder (105)
- Trade: Jackets land Saad; Anisimov and Dano headed to Chicago (93)
- Bypassing a buyout? Kings terminate Richards’ contract for ‘material breach’ (90)
- Sabres lock up O’Reilly through 2022-23 (74)