Crosby Agrees to 12-year, $104.4M Extension with Penguins
Captain Sidney Crosby has agreed to a 12-year, $104.4 million contract extension with the Pittsburgh Penguins, keeping the high-scoring center through the 2024-25 season.
"This is a great day for hockey and tremendous news for the Pittsburgh Penguins and our fans," co-owners Mario Lemieux and Ron Burkle said in a joint statement posted on the team's official website.
"We are grateful for all that Sidney Crosby has done for our franchise since coming to Pittsburgh in 2005, both on and off the ice, and we look forward to having him in a Penguins uniform for the rest of his career," they added.
The front-loaded contract has an average salary of $8.7 million a season and would go into effect for the 2013-14 season. Crosby, 24, will play the 2012-13 season under the terms of his current contract.
Under the collective bargaining agreement for players who have one year remaining on their current contracts, Crosby cannot sign the new deal until July 1. Full details of the contract will be known when the extension is officially announced.
"In an era when players often move from team to team, it's gratifying to see a young man who is so committed to one city and one franchise," said David Morehouse, Penguins CEO and President. "He's meant so much to the Penguins, to the growth of youth hockey in Pittsburgh, and to the NHL and the game of hockey in general. It's a tremendous feeling to know he'll be here through 2025."
"He's a very special player and knowing that he will be here long-term is outstanding news for our players, coaches, staff and fans," said Ray Shero, the Penguins general manager. "Sidney also brings those extra dimensions as our captain, with his leadership in the room and on the ice. We're all very excited to reach this agreement on an extension."
Crosby, known as "Sid the Kid", led the Penguins to the Stanley Cup in 2009, becoming the youngest captain in NHL history to lift the trophy at age 21.
He also has won the Hart Trophy as MVP, the Art Ross Trophy as league scoring champion, the Rocket Richard Trophy as goal-scoring champion and the Ted Lindsay Award as most outstanding player in his seven NHL seasons.
But Crosby was limited to just 28 games in the last 18 months after sustaining a concussion in the Winter Classic against the Washington Capitals in January 2011. He finished with eight goals and 29 assists last season and added three goals in a first-round playoff loss to Philadelphia.
In 434 career games, Crosby has tallied 223 goals and 386 assists for 609 points. He also has 90 points in 68 playoff games.
Penguins Agree to Two-Year Deal with Defenseman Matt Niskanen
The Pittsburgh Penguins re-signed Matt Niskanen to a two-year, $4.6 million deal, keeping their defensive unit intact for next season.
The 25-year-old Niskanen will pocket $2.1 million next season and $2.5 million during the 2013-2014 NHL season.
Niskanen had a solid 2011-2012 season, recording four goals, 17 assists and 21 points in 75 games. He also proved a great penalty killer for the Penguins.
Drafted 28th overall by the Dallas Stars in 2005, Niskanen spent his first four seasons with the Stars before he was traded along with James Neal to the Penguins in exchange for defenseman Alex Goligoski in 2011.
- NHL and Players Union Set Salary Cap at $70.2M
- Goalie Tuukka Rask Signs One-Year Deal with Bruins
- Goalie Jonathan Quick Signs 10-year Extension with Kings
- Crosby Agrees to 12-year, $104.4M Extension with Penguins
- Flames Acquire, Sign Dennis Wideman to Long-Term Deal
- Adam Oates Named Caps Coach, Among Group Elected to Hall of Fame
- NHL Union Head Don Fehr Hopes League Will Not Lock Out Players
- Flames Extend Qualifying Offers to Five Restricted Free Agents
- Oilers Make Yakupov Overall Top Pick
- Blue Jackets Pick Goalie Oscar Dansk in 2nd Round of 2012 NHL Draft
- Maple Leafs Trade Defenseman Luke Schenn to Flyers
- Bruins Goalie Tim Thomas Waives No-trade Clause
- Canucks Look to Move Up From 26th Position in NHL Draft
- Blues Re-Sign Defenseman Barret Jackman to Three-Year Pact
- Red Wings Sign Forward Darren Helm to Four-Year Extension
- NHL Could Take Over Cash-Strapped Devils in August
- Rangers, Sharks Among Teams Interested in Jackets' Rick Nash
- Canadiens Hire Gallant and Jodoin as Assistants to Therrien
- Lightning Deal for Predators Backup Goalie Anders Lindback
- Devils Star Zach Parise Could Receive Wild Offer
- Martin Brodeur to Decide on Potential Return By July 1
- Kings Destroy Devils, Collect First Stanley Cup
- Zach Parise, Bryce Salvador Goals Lift Devils Over Kings
- Staples Center Officials Defend Decision to Bar Charlie Sheen from Re-Entering Arena
- Henrique Helps Devils Stave Off Kings Sweep
- Kings Blank Devils 4-0 in Game 3; One Win from First Stanley Cup
- Jeff Carter OT Goal Lifts Kings over Devils
- 2012 Stanley Cup Finals: Game 2 Preview
- Kings Take Stanley Cup Opener Behind Anze Kopitar OT Tally
- Red Wings Defenseman Nicklas Lidstrom to Retire
- Rested Devils Ready for Kings in Stanley Cup Finals
- Devils Finish Off Rangers in Game 6
- Devils Net Pair in Third Period, Edge Rangers In Game 5
- Penner OT Goal Lifts Kings Past Coyotes into Stanley Cup Finals
- Brodeur, Parise Power Devils Past Rangers; Knot Series 2-2
- Coyotes Shut Down Kings, Keep Stanley Cup Hopes Alive
- Rangers Outlast Devils: Regain Control of Eastern Conference Finals
- Surging Kings Break Coyotes to Take 3-0 Series Lead
- Devils Edge Rangers 3-2: Even Series at 1-1
- Road-Tested Kings Rout Coyotes for 2-0 Series Lead
- Lundqvist Blanks Devils, Rangers Take 1-0 Series Lead
- Dale Hunter Steps Down as Washington Capitals Coach
- Kings Remain Rulers of the Road with Win at Phoenix
- Capitals Hold Off Rangers to Force Game 7
- Devils Bounce Flyers, Advance to Stanley Cup Conference Finals
- Morris and Hanzal Goals Lift Coyotes Past Predators
- Staal Overtime Goal Lifts Rangers over Capitals in Game 5
- Devils Defeat Flyers 4-2 on Brodeur's 40th
- Kings Advance to Western Conference Finals in Sweep of Blues
- Mike Green's Late Power-Play Goal Lifts Capitals Over Rangers
- Coyotes Blank Predators, Take 3-1 Series Lead
- Kings Thump Blues: Take Commanding 3-0 Series Lead
- Devils Earn 4-3 OT Victory Over Flyers
- Rangers Win 3 OT Thriller Over Caps
- Third Period The Charm For Devils in 4-1 Win Over Flyers
- Alex Ovechkin Nets Winner As Caps Knot Series with Rangers
- Kings Continue Road Success Blitzing Blues
- Briere OT Goal Lifts Flyers Past Devils 4-3
- Rangers Take Opener from Capitols
- Stanley Cup Conference Semifinals Now Set
Copyright © 2012 AHN - All Rights Reserved