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Avs Have Major Announcement

via the Coloradoan,

The Colorado Avalanche have called a 2 p.m. MT news conference today, at which time executive vice president/general manager Francois Giguere will make what the team called a “major announcment.”
Coach Joel Quenneville also will be at the news conference to review the 2006-07 season, the first season the Avs did not make the NHL playoffs since they moved 11 years ago from Quebec to Denver.

added 2:39pm, via the Denver Post,

The Avalanche is expected to announce this afternoon the re-signing of captain Joe Sakic to a new contract.
The contract, expected to be a one-year deal, was agreed to in principle over the weekend between the Avs and their longtime leader, an NHL source confirmed.

added 4:02pm, from the Colorado Avalanche,

DENVER – The Colorado Avalanche Hockey Club announced today the signing of captain Joe Sakic to a one-year deal for the 2007-08 season, which will be his 19th National Hockey League campaign and 15th straight as the franchise’s captain.
“I am privileged today to announce to our fans that Joe will be returning next season.  Joe is the heart of this organization and his leadership and value to this team and especially our young players is unquestioned,” said Avalanche Executive Vice President and General Manager Francois Giguere. “He played some of his best hockey this past season and was a major part of the late-season success we enjoyed. Joe’s contributions both on and off the ice for this organization cannot be understated.
“We have great expectations for next season and Joe’s presence will be counted on to continue aiding in the development and growth of our young players,” added Giguere.

Filed in: Colorado Avalanche, | KK Hockey | Permalink
 

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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.

From breaking news to in-depth stories around the league, KK Hockey is updated with fresh stories all day long and will bring you the latest news as quickly as possible.

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