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Report: Sharks won’t offer Doan more than three years

Aug 5, 2012, 6:48 PM EDT

Shane Doan AP

As we previously reported, Doan wants to play with the Phoenix Coyotes. However, it looks like he needs to feel comfortable with the team’s ownership situation first, so there’s still a chance that he could end up going elsewhere.

There have been reports that he wants a four-year, $30 million deal if he leaves Phoenix. It was also recently reported that Doan’s asking price is too high for the Detroit Red Wings.

It now looks like he would also have to compromise if he wants to play for the San Jose Sharks. Citing an NHL source, CSN California recently reported that San Jose isn’t prepared to offer him more than three years with an annual salary in the ballpark of $4.5 million.

That seems like a reasonable price for Doan and it makes sense given that, according to Cap Geek, the Sharks only have about $5.5 million worth of cap space. However, given that Doan is by far the best unrestricted free agent left on the market and there are plenty of teams with a ton of cap space, he might still end up getting a $30 million deal.

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