Kukla's Korner Hockey
by Paul on 06/20/13 at 10:45 AM ET
from Jonathan Davis of FoxSports West,
With the salary cap dropping to $64.3 million and the Kings already committed to just over $56 million to 15 players with eight players still to sign to fill out the 23-man roster, there just isn’t enough left in the kitty to pay Penner who will become an unrestricted free agent on July 5.
Penner is coming off a 1-year, $3.25 million contract and though he will likely have to take a paycut regardless of where he signs, Penner is likely to field offers in the range of $1.5-$2 million per season. The Kings would only be in a position to offer him a deal in the area of $800-900K.
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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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