Kukla's Korner Hockey
Listening to CFRN radio in Edmonton, they’ve just made the comment on the air that “It is believed that the National Hockey League has informed the Edmonton Oilers that Penner is an Oiler.” However, they went on to insist there is NO confirmation of this information. Penner’s agent had not heard anything from the Ducks as of 2:05pm ET.
Update 2:43pm ET
In an on air interview, Penner’s agent Gerry Johannson has just explicitly confirmed that Penner’s rights have now been transferred to the Edmonton Oilers.
Update 2:52pm ET
The Oilers Get: LW Dustin Penner
Penner, 24, is coming off a rookie season in which he scored 29 goals and 45 points in 82 games, but he has a rare physical package that makes him an even more attractive addition.
Note: Photo is property of Sharkspage.com. Used with permission.
from Jim Matheson of the Edmonton Journal,
If the Anaheim Ducks decide today that Penner, who’s a very large No. 17 there, won’t be one of their biggest ducklings any longer because the Oilers’ $21.25-million US offer sheet is too rich for their blood, the 24-year-old forward can probably have just about any number he wants here. We know No. 71 is available, with Petr Sykora flying the coop for Pittsburgh.
Ducks general manager Brian Burke, who was steamed at Oilers general manager Kevin Lowe last week for making the raid on Penner, has until today to make up his mind.
If Burke decides to match the offer sheet, he notifies the NHL, the NHLPA and the player or his agent that he’s staying in Anaheim for the Oilers’ offer of $4.25 million a year through the 2012-13 season.
Burke can also call Lowe. Or not.
If he decides Penner is too big a financial gulp for his owners, then Burke presumably lets the deadline pass and the Oilers have a kid who scored 29 goals in his first full NHL season last year.
What do you think, does Penner remain a Duck or move on to Edmonton?
from Ray Slover at the Sporting News,
One thing is clear: Burke is making Lowe sweat. He’s taking the full week to decide.
But both these guys are going through a case of Tums and another of Mennen Speed Stick. Most likely, Lowe is the cooler customer right now. He’s in the proverbial catbird seat, and his biggest concern is how Penner’s five-year, $21.25 million offer will affect his team’s future salary situation….
I say no, Burke won’t match. I say yes, Lowe will get his man and have to live with the consequences.
Key to Burke’s decision, in addition to sticking to his guns on the Ducks’ salary structure, is a need for draft picks. Getting the Oilers’ first-, second- and third-round picks next June will be a benefit for the team’s development. And you can bet Burke will be hoping Lowe’s Oilers fall flat on their faces to increase the value of those picks.
from Spector at Fox Sports,
Several hockey pundits and bloggers have echoed Burke’s words, accusing Lowe of screwing up the player salary structure with his inflated offers for Penner and his earlier attempt to sign Buffalo’s Thomas Vanek.
Lowe has also been called hypocritical for engaging in the same wild spending that big-market teams under the previous labor agreement engaged in which once threatened small-market clubs like the Oilers.
Regardless of the criticism, Lowe is doing what he’s entitled to do under the collective bargaining agreement. Sure, the offers to Penner and Vanek were pricey, but Lowe has the available cap space, the willingness to use it, and offered what he believed would be enough to pry those players away from their respective teams.
from Eric Franicis of the Calgary Sun,
By signing Dustin Penner to a five-year, US$21.25 million offer sheet that gives the towering rookie ten times more money a year than he made in Anaheim, Lowe has suddenly become the sort of reckless GM that prompted a year-long lockout.
After years of lamenting the foolhardiness of people like Glen Sather, Mike Milbury and Bob Clarke, whose constant overspending drove the market up and threatened the very existence of small market teams like the Oilers, Lowe is now the irresponsible one.
from Terry Jones of the Edmonton Sun,
So is Burke right on the money, so to speak? Or is he getting his pound of flesh?
On a personal level, absolutely. On a professional level, all’s fair in love and war.
Grossly inflated salary?
The Oilers aren’t likely to be competitive if they don’t solve their scoring problems with goal scorers. And if Penner continues to improve, it might be fair value at some point. But today? No way.
Act of desperation?
An act of desperation by a general manager fighting to keep his job?
From the Anaheim Ducks,
The Anaheim Ducks will conduct a conference call this afternoon with Brian Burke at 5:15 Pacific Time.
NOTE: The Ducks will not announce today whether or not they are matching the tendered offer to left wing Dustin Penner.
KK plans to be on the conference call and will provide updates immediately as they become available.
(Anyone want to guess what’s up? Burke doesn’t call out-of-the-blue press conferences for no reason…)
Note: Summation of the conference call, and the full official transcript, available below.
from the Southwest Booster,
Grinning ear-to-ear Moen expressed his feelings in between photos with his friends, neighbors, and fans.
“It has fulfilled a childhood dream to be able to win the Stanley Cup and bring it back to my home town. It has been something special and it is great for the community.”
Moen’s older brother, Brant, who runs the family farm, echoed Travis’s sentiments.
“I always believed that my brother would win the cup, but seeing it drive into the farm this morning made it all real. It was almost unbelievable to see the Stanley Cup on the Moen family farm.”
from Terry Jones of the Edmonton Sun,
Of all the GMs in the league the one Lowe is probably closest to is Burke. They talk almost daily.
I find it difficult to believe that there wouldn’t be conversation, lots of conversation, before this happened.
As interesting as this may be from an Oilers perspective with Lowe having been unable to spend anywhere near his $45-million US budget, particularly to get a forward and specifically a left winger, its far more interesting from a Ducks perspective. Burke was on the record prior to the July 1 free agent frenzy saying if anybody went after Penner, he’d match.
Would he be first in NHL history not to match?
There’s a reason for him to take a pass.
from Dan Wood of the OC Register,
While the Ducks certainly want to keep Penner, the lucrative financial packaged tendered by Edmonton presents something of a challenge given the NHL’s $50.3 million salary cap per team. Including the $6.75 million due team captain Scott Niedermayer if he does not retire, the Ducks were looking at a salary-cap figure of at least $48.8 million before signing Penner.
Teams may go 10 percent above the salary cap during the offseason, but must be at or below the figure when the regular season begins. The Ducks’ projected player-payroll budget for 2007-08 had been in the $42 million to $44 million range before the club signed free-agent defenseman Mathieu Schneider to a two-year, $11.25 contract and free-agent right wing Todd Bertuzzi to a two-year, $8 million deal early this month.
About Kukla's Korner Hockey
Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.
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