Announcement

Collapse
No announcement yet.

Penguins sign Crosby to extension

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Penguins sign Crosby to extension

    Sidney Crosby has agreed to a five-year contract extension worth about US$45 million that will keep him with the Pittsburgh Penguins through 2012-13.

    The star centre, who turns 20 on Aug. 7, became the NHL's youngest MVP since Wayne Gretzky when he was awarded the Hart Trophy last month after winning the scoring title with 120 points. He also won the Pearson Award as most outstanding player in a poll of NHL Players' Association members.

    The extension averages out to $9 million a season, but Crosby and agent Pat Brisson are believed to have settled for less than the maximum they could have demanded from the Penguins.

    "I really enjoy playing and living in Pittsburgh and I want to be here for a long time," said Crosby. "Individual honours and scoring championships are great, but my No. 1 goal is to win the Stanley Cup.

    "I'd love to be a part of bringing the Cup back here to Pittsburgh."


    The native of Cole Harbour, N.S., was already under contract for next season for a base salary of $850,000 to complete his initial three-year, entry-level deal.

    "Sidney has proven himself to be a dynamic player and team leader at a very young age, and it is exciting news for our franchise and our fans to have him under contract for the next six seasons," GM Ray Shero said in a release on Tuesday. "When you've got a guy who leads the league in scoring and wins the MVP award at the age of 19, you know you have someone very special."

    Crosby is the youngest player in NHL history to record 100 and 200 career points. He was named captain of the Penguins last May, becoming the youngest team captain in NHL history.

    Pittsburgh won 25 more games last season than they had a year earlier and finished with 47 more points. The Penguins were eliminated in the first playoff round by eventual Stanley Cup finalist Ottawa.

    Crosby made his NHL debut in October 2005 after being the No. 1 entry draft selection. He scored 39 goals and assisted on 63 in his rookie season. Last season, he became the youngest player ever to win the Art Ross Trophy when he led the league in scoring with 36 goals and 84 assists.

    The signing of the five-foot-11, 194-pound centre is the latest big-money deal that follows the recent increase in the league salary cap to just over $50 million from last season's $44 million.

    The New York Rangers will pay Scott Gomez $10 million next season after signing the unrestricted free agent and former New Jersey Devils forward to a $51.5-million, seven-year contract.

    The Philadelphia Flyers signed free-agent Daniel Briere to a $52-million, eight-year contract. It's also front-loaded and will pay Briere $10 million next season.

    The Buffalo Sabres will pay Thomas Vanek $10 million next season after retaining the forward in a $50-million, seven-year pact that matched an offer sheet from the Edmonton Oilers.

    Jaromir Jagr of the Rangers had a league-high salary of $8.36 million last season, and he's under contract for the same amount for the next two years.

    Tampa Bay's Brad Richards got $7.8 million and Detroit's Nick Lidstrom, former Islander Alexei Yashin and Toronto's Mats Sundin each were paid $7.6 million last season. Boston's Zdeno Chara and New Jersey's Patrik Elias each got $7.5 million.
    Last edited by Everman; 07-10-2007, 09:25 AM.
    Pro football is like nuclear warfare. There are no winners, only survivors.
    - Frank Gifford

    #2
    Re: Penguins sign Crosby to extension

    Pretty decent.
    ...

    Comment


      #3
      Re: Penguins sign Crosby to extension

      If Gomez is worth 7 mil, Crosby got seriously ripped off.
      "No one entertains the thought that maybe God does not believe in you." - Bo Burnham

      Comment


        #4
        Re: Penguins sign Crosby to extension

        Originally posted by Angelus View Post
        If Gomez is worth 7 mil, Crosby got seriously ripped off.


        Crosby could've likely pulled in close to $12,000,000 a season if he'd waited. Consumate team player.
        "This year, we did what we were supposed to do. We fought as a team. We fought as a team. And the fact is, we gotta go back and go to work, to make sure we finish this next time. That's all we gotta do. This right here makes us stronger. Let's understand who we are as a team. Let's understand this right here makes us stronger." - Ray Lewis, January, 2012.

        Superbowl Champs 2013.

        Comment


          #5
          Re: Penguins sign Crosby to extension

          The kid isn't even old enough to drink in the US yet...ridiculous

          Comment


            #6
            Re: Penguins sign Crosby to extension

            Originally posted by Everman View Post
            The Buffalo Sabres will pay Thomas Vanek $10 million next season after retaining the forward in a $50-million, seven-year pact that matched an offer sheet from the Edmonton Oilers.
            Man is that ever a kick to the teeth, he isn't worth that kind of cash yet.

            Comment


              #7
              Re: Penguins sign Crosby to extension

              Originally posted by PDO View Post


              Crosby could've likely pulled in close to $12,000,000 a season if he'd waited. Consumate team player.


              Doesn't the cap limit max salaries to only $10 MM per season?

              Comment


                #8
                Re: Penguins sign Crosby to extension

                Originally posted by Muley69 View Post
                Doesn't the cap limit max salaries to only $10 MM per season?
                It's something like 20% of the cap. So it's 10mil now (since cap is 50) but in two years when the cap is 60m, it'll be 12mil...
                "No one entertains the thought that maybe God does not believe in you." - Bo Burnham

                Comment


                  #9
                  Re: Penguins sign Crosby to extension

                  Now reported to be a five year deal worth 43.5 million.
                  Pro football is like nuclear warfare. There are no winners, only survivors.
                  - Frank Gifford

                  Comment


                    #10
                    Re: Penguins sign Crosby to extension

                    Unreal...what a team player...Malkin better not be a little bitch.

                    Comment


                      #11
                      Re: Penguins sign Crosby to extension

                      Hard to believe a kid this young is worth that much.. but realistically speaking if he is there for 7 years the team is ABSOLUTELY gonna benefit both on and off the ice. Nice to somebody wanna sign a long term contract and be willing to really "play" for his team! Shows the kid has character... now if the team can just stop him from getting whacked all over the ice!!!!
                      undefined

                      The Moz'

                      Comment


                        #12
                        Re: Penguins sign Crosby to extension

                        The kid is going to make WAY more in endorsements, so it's not like he will miss it.
                        On the outside, it looks like old Sid took one for the team but when I look at it, he is doing something pretty smart for himself. He could of taken as much money as he could from the cash strapped Penguins and had the team surround him with a crap players OR he could take a little less, have a better team around him. Having a better team around him will cause more focus on the team and more noteably himself and thus creating more advertising dollars for himself.
                        Blindly accept whatever they do and if it doesn't work out, I guess there's always next year.

                        Comment


                          #13
                          Re: Penguins sign Crosby to extension

                          He's playing on a team that is loaded with young -- but immature talent.


                          It's not like he NEEDS the money. And he's already a captain. This was a no-brainer.

                          Comment


                            #14
                            Re: Penguins sign Crosby to extension

                            I think he has a pretty smart agent. I'm sure he told him "hey sid, we can get an extra 2 million a year in salary or we can get an extra 5 million a year from endorsements if you take a little less".
                            Everyone reads the article about what a great team guy he is and goes and buys more of his products because he is "such a great guy". He just got a whole pile of free publicity for what a wonderful guy he is. Pretty smart business decision.
                            Blindly accept whatever they do and if it doesn't work out, I guess there's always next year.

                            Comment


                              #15
                              Re: Penguins sign Crosby to extension

                              Crosby could've taken a longer extension, and early rumors were that the Pens were looking at a 7 year deal. Crosby is only giving up one year of UFA status. I don't think he gave here as much as he really could've... both in terms of length and money. Still a good deal for him and the team.
                              ...

                              Comment

                              Working...
                              X