Jun 30, 2013, 11:00 AM EST
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.
Jan 24, 2015, 10:03 PM EST
See you all tomorrow.
Jan 24, 2015, 9:41 PM EST
Florida’s All-Star goalie never gave up on it.
Jan 24, 2015, 9:14 PM EST
Just 0.3 away from Zdeno Chara’s all-time record.
Jan 24, 2015, 9:09 PM EST
Jan 24, 2015, 8:34 PM EST
Team Foligno running away with this.
Jan 24, 2015, 8:21 PM EST
That’s an all-time screencap right there.
Jan 24, 2015, 7:55 PM EST
Team Foligno sweeps first competition.
Jan 24, 2015, 7:09 PM EST
Johnny Hockey gets the nod.
Jan 24, 2015, 6:20 PM EST
Has gone from forward to defense, back to forward and back to defense.
Jan 24, 2015, 5:30 PM EST
He’s ranked fourth in Central Scouting’s mid-term rankings.
Jan 24, 2015, 5:23 PM EST
Bragging rights on the line.
Jan 24, 2015, 5:21 PM EST
And what will the team look like?
Jan 24, 2015, 4:55 PM EST
It’s expected to be around $71.6 million to $72.2 million for the 2015-16 season.
Jan 24, 2015, 4:09 PM EST
Slovenia’s (and Los Angeles’) Anze Kopitar figures to play a prominent role.
Jan 24, 2015, 4:02 PM EST
Will fans care? Is it fair?
Jan 24, 2015, 2:34 PM EST
“People are intrigued by this. There are going to be great storylines.”
Jan 24, 2015, 2:15 PM EST
Gillette Stadium, TCF Bank Stadium and Coors Field will play hosts
Jan 24, 2015, 1:00 PM EST
It all gets going at 7 p.m. ET on NBCSN.
Jan 24, 2015, 12:46 PM EST
“Again, I’ll repeat that for this team to be even remotely close to missing the playoffs isn’t something we can be happy about.”
Jan 24, 2015, 12:00 PM EST
The 21-year-old is learning what it takes to be an NHL regular.
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