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Eric Staal Expected To Sign Extension

from the News & Observer,
In 2002, Jim Rutherford felt obligated to bring everybody back for the season following the run to the Stanley Cup finals. "Last time, I made too many decisions with my heart and not my head," Rutherford said Friday. "This time, we've got a plan and we're sticking to it." The next step in that plan is to lock up their franchise player and leading scorer, 21-year-old center Eric Staal. Under the league's collective bargaining agreement, the Canes could not re-sign Staal, who had not completed his entry-level contract, until today. That three- or four-year deal is expected to be announced this afternoon with Staal, who became the franchise's first player with 100 points since 1989-90. He will become the team's highest-paid player at an excess of $4 million annually.
read on update 12:32pm, from TSN,
Sources tell TSN that Eric Staal has agreed to a new three-year contract with the defending Stanley Cup champions. Sources say the deal will pay him $4 million in the first year, $4.5 million in the second year and $5 million in the third year.

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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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