Jun 30, 2013, 11:00 AM EDT
The Pittsburgh Penguins and Kris Letang agreed to what is expected to be an eight-year, $58 million contract on Sunday, according to RDS’ Renaud Lavoie. ESPN’s Pierre LeBrun notes that it isn’t official yet, though.
The potential pact carries a salary cap hit of $7.25 million. Much like Evgeni Malkin, his deal will expire after the 2021-22 season.
The deal includes a limited no-trade clause. He can list up to 15 teams he’d accept a trade to (perhaps the Toronto Maple Leafs are on that list?).
This comes on the heels of news that the team took a “step forward” in its talks with the 26-year-old defenseman’s agent on Saturday night. That step now looks more like a giant leap.
ESPN’s Pierre LeBrun reports that the Penguins chose this eight-year deal at $7.25 million per campaign over a four-year one that would pay an average of $7.5 million in each season.
Pens GM Ray Shero answered his biggest remaining question, yet he faces several significant ones, including the big picture issue of how he’ll surround such an expensive core with supporting talent. Starting in the 2014-15 season, the combined cap hit for Malkin, Crosby and Letang will be a whopping $25.45 million.
Taking Letang out of the trading mix would also substantially increase the value of potential bargaining chip defensemen on draft day.
Sep 1, 2014, 7:33 PM EDT
Sixteen of their first 21 games are on the road.
Sep 1, 2014, 6:05 PM EDT
Part two of today’s Labor Day posts.
Sep 1, 2014, 4:22 PM EDT
Part one of two Labor Day “theme” posts.
Sep 1, 2014, 2:55 PM EDT
The new Penguins bench boss previously coached the young defenseman.
Sep 1, 2014, 1:30 PM EDT
The 25-year-old has been fighting for playing time since he broke into the NHL.
Sep 1, 2014, 12:10 PM EDT
He might pick an opening game starter after that, but the battle for the top spot is likely to extend into the season.
Sep 1, 2014, 10:46 AM EDT
Will they have contracts by the start of the season?
Sep 1, 2014, 9:25 AM EDT
Last season’s experiment ended with Penner being traded.
Sep 1, 2014, 8:00 AM EDT
Monday’s collection of links.
Aug 31, 2014, 11:01 PM EDT
He continued to follow their summer moves after he was fired.
Aug 31, 2014, 9:44 PM EDT
The late creator of Peanuts was a big hockey fan.
Aug 31, 2014, 8:26 PM EDT
The Colorado defenseman is still a restricted free agent.
Aug 31, 2014, 7:03 PM EDT
“I think that would make it a little more equitable for match-ups.”
Aug 31, 2014, 5:41 PM EDT
He spent the 2013-14 campaign in the KHL.
Aug 31, 2014, 4:22 PM EDT
He served as an assistant general manager in Los Angeles before coming to Philadelphia.
Aug 31, 2014, 3:02 PM EDT
After matching a career-low in goals during the 2013-14 season, he’s hoping for big things with the Coyotes.
Aug 31, 2014, 1:30 PM EDT
Add depth to blue line in Albany.
Aug 31, 2014, 12:03 PM EDT
Hopes to play in the NHL in 2014-15.
Aug 31, 2014, 10:33 AM EDT
After missing the playoffs for the first time since 2007-08, he believes they’ll be back in the postseason in 2014-15.
Aug 31, 2014, 9:00 AM EDT
He’s emphasized a quick shot release the most.
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