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.
Jun 30, 2015, 11:55 PM EDT
David Poile has made the 35-year-old an offer and given him a deadline.
Jun 30, 2015, 9:59 PM EDT
But this isn’t the first time such a scenario has been reported.
Jun 30, 2015, 9:33 PM EDT
San Jose acquired him from Boston earlier in the day.
Jun 30, 2015, 8:50 PM EDT
He was set to become a restricted free agent on Wednesday.
Jun 30, 2015, 8:27 PM EDT
Detroit’s creating an opportunity for one of its young forwards.
Jun 30, 2015, 8:06 PM EDT
Arizona is getting back its former center.
Jun 30, 2015, 8:04 PM EDT
He’s set to become a restricted free agent on Wednesday.
Jun 30, 2015, 7:36 PM EDT
He hasn’t been charged with a crime, but is reportedly being investigated.
Jun 30, 2015, 7:20 PM EDT
Its reportedly a one-way deal worth $800,000.
Jun 30, 2015, 6:50 PM EDT
The forward was a part of a seven-player trade on Tuesday.
Jun 30, 2015, 6:37 PM EDT
Won NHL’s coach of the year in 2013 with Ottawa.
Jun 30, 2015, 6:07 PM EDT
Where he’ll be reunited with former teammate Ryan Kesler.
Jun 30, 2015, 5:45 PM EDT
Calgary’s GM responded to comments in a Boston Herald story regarding defenseman Dougie Hamilton.
Jun 30, 2015, 5:25 PM EDT
A total of seven players involved in Tuesday’s trade.
Jun 30, 2015, 3:54 PM EDT
RFA defenseman appeared in a career-high 76 games last year.
Jun 30, 2015, 3:39 PM EDT
Rangers and Bruins let their respective rearguards walk, thereby deepening the free agent pool.
Jun 30, 2015, 3:15 PM EDT
So says his agent.
Jun 30, 2015, 2:41 PM EDT
Jun 30, 2015, 2:04 PM EDT
Cap hit around $5.75 million.
Jun 30, 2015, 1:31 PM EDT
Former first-round pick is relieved after a “stressful” last few days.
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