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It Appears Yandle Has Signed With Phoenix

via Darren Dreger tweet,

I’m hearing Keith Yandle has agreed to an extension. 5 years, $26.5 mil.

Ryan Whitney tweets too,

Keith Yandle becoming a very wealthy man by signing his new deal with the Phoenix Coyotes for 5 years 26.25 million.

added 5:31pm,

GLENDALE, ARIZONA – Phoenix Coyotes General Manager Don Maloney announced today that the Coyotes have signed All-Star defenseman Keith Yandle to a five-year contract. As per club policy, terms of the deal were not disclosed.
 
“Keith is an elite player and one of the game’s best young defenseman,” said Maloney. “He is an important part of our future and we are thrilled to sign him to a long-term contract.”

Filed in: NHL Teams, d, | KK Hockey | Permalink
  Tags: keith+yandle

Comments

Down River Dan's avatar

During the entire time they have been in Phoenix, the coyotes have never made a profit - not $.01 So, how can they sign a guy for $5 mil/year????

Oh yeah, they other 29 teams are paying for it.  confused

Posted by Down River Dan on 07/05/11 at 06:39 PM ET

Avatar

Woah, he cashed.

A good comparible is Kris Letang - 4yrs, 3.5/season.

Posted by NathanBC on 07/05/11 at 06:40 PM ET

HockeytownOverhaul's avatar

makes him very tradable at the deadline if need be.

Posted by HockeytownOverhaul on 07/05/11 at 06:56 PM ET

statelouis26's avatar

Phoenix got a steal of a deal on this one.  Yandle was one of the leagues top defenseman this year.  He was pretty good in the playoffs too.  Once in a while he’ll get screwed but he’s solid.  Can’t believe he was willing to sign for $5million.  He probably could have got a Campbell contract.

Posted by statelouis26 from Detroit, MI on 07/05/11 at 08:14 PM ET

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Is he been Setogutchi’d? Sign and trades have never been a staple in hockey, but this could be a way to establish a trade for a signed player.

Posted by hockey1919 from mid-atlantic on 07/05/11 at 08:14 PM ET

shanetx's avatar

He just signed the living condition lottery.  One year in Phoenix and four years God only knows where.

Posted by shanetx from Floydada, Texas on 07/05/11 at 08:17 PM ET

awould's avatar

Oh yeah, they other 29 teams are paying for it.

He’s worth the money. Is Phoenix not allowed to compete just because of their crap ownership situation? The NHL owners own the team and I’m sure they’re not interested in cratering its value by letting all their assets walk away. They didn’t get rich making dumb decisions.

Posted by awould on 07/05/11 at 08:45 PM ET

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They didn’t get rich making dumb decisions.

They probably didn’t get rich throwing money into investments they KNEW weren’t going to turn a profit either.

Posted by Garth on 07/06/11 at 12:55 AM ET

awould's avatar

Good point, but they have little choice with Phoenix right now. The real idiots in this saga is the gov’t of the City of Glendale and the real losers are the taxpayers. The owners probably aren’t happy to lose money but they put their faith in their little assbag Bettman so they will have to suck it up a bit longer. In the meantime, signng Yandle was a smart move.

Posted by awould on 07/06/11 at 02:33 AM ET

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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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