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.
Aug 1, 2014, 10:35 PM EDT
He was a fourth-round pick by them in 2007.
Aug 1, 2014, 9:05 PM EDT
He’s a free agent after next season,
Aug 1, 2014, 8:05 PM EDT
He had 17 points for Calgary last season.
Aug 1, 2014, 7:05 PM EDT
No real surprise, right?
Aug 1, 2014, 6:03 PM EDT
His stats and Stanley Cup victories have us perplexed.
Aug 1, 2014, 4:59 PM EDT
He’s gunning to make an impression on L.A.’s blue line corps.
Aug 1, 2014, 3:58 PM EDT
Teemu forever and ever and ever.
Aug 1, 2014, 2:55 PM EDT
He’s win the Cup twice and has two Olympic gold medals, but he hasn’t captured the Norris Trophy yet.
Aug 1, 2014, 1:47 PM EDT
Montreal and the defenseman can still negotiate until the ruling, but no talks are scheduled.
Aug 1, 2014, 1:07 PM EDT
They’re trying to re-sign both of them this summer.
Aug 1, 2014, 12:03 PM EDT
They averaged 3.38 goals per game in the postseason.
Aug 1, 2014, 10:56 AM EDT
They still might avoid the ruling though.
Aug 1, 2014, 10:06 AM EDT
Sunny Mehta wrote two books on the card game, but he’s turned his attention to advanced statistics in sports.
Aug 1, 2014, 9:00 AM EDT
His relationship with Panthers GM Dale Tallon made a big difference.
Aug 1, 2014, 8:45 AM EDT
Will Los Angeles regret opting against a buyout?
Aug 1, 2014, 8:00 AM EDT
Taking a look at the 2014 champions on Friday.
Jul 31, 2014, 11:00 PM EDT
Lou Lamoriello says those SO struggles are “not a focus.”
Jul 31, 2014, 10:00 PM EDT
“It will help me down the road.”
Jul 31, 2014, 9:00 PM EDT
Have fun making up captions with this one.
Jul 31, 2014, 7:39 PM EDT
The team estimates he’ll miss two weeks of on-ice training.
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- Lindros, LeClair and Desjardins to be inducted into the Flyers Hall of Fame 64
- It’s back! PHT’s Team of the Day summer series starts tomorrow 9
- Pens sign Spaling — two years, $4.4 million 13
- Agent: Subban hasn’t told me to make him NHL’s highest-paid D 32
- Devils sign Greene to five-year, $25M extension 18
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million 47
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ 59
- Gettin’ paid: Gardiner inks five-year, $20.25M extension with Leafs 15
- Lindros, LeClair and Desjardins to be inducted into the Flyers Hall of Fame (64)
- Cashing in: Rangers sign Brassard to five-year, $25 million deal (63)
- Poll: Is Drew Doughty the best defenseman in the world? (60)
- Marchand on Plekanec: ‘I hate him. I can’t stand him’ (59)
- Subban seeking $8.5 million in arbitration, versus the Habs at $5.25 million (47)