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Penguins Extend Neal

from the Pittsburgh Penguins,

The Pittsburgh Penguins have re-signed forward James Neal to a six-year contract extension, it was announced today by executive vice president and general manager Ray Shero.

The deal begins with the 2012-13 season and runs through the 2017-18 campaign, and has an average annual value of $5 million.

continued

Filed in: NHL Teams, Pittsburgh Penguins, | KK Hockey | Permalink
  Tags: james+neal

Comments

Evilpens's avatar

6 years 5 Mill per !! good deal for both !

Posted by Evilpens on 02/19/12 at 12:09 PM ET

Avatar

Yep!  Love it!

Posted by pens fan in baltimore on 02/19/12 at 12:24 PM ET

Primis's avatar

Overpayed.

It’s gonna’ come back to bite the Pens, just like the Martin and Michalek contracts…

Posted by Primis on 02/19/12 at 04:10 PM ET

Moq's avatar

It’s difficult to re-sign a 20+ goal scorer showing 30+ goal potential (under the right conditions) to a contract averaging less than $5M a year, unless you do some creative accounting a la Franzen.

Posted by Moq from Denmark on 02/19/12 at 05:06 PM ET

Flashtastick56's avatar

Not every team circumvents the salary cap and signs a guy to a 10-year contract to knock his cap hit down to $3,954,545 per year. 

Or $6,083,333 per year. 

Or $4,750,000 per year.

Posted by Flashtastick56 from Meriden, CT on 02/19/12 at 07:05 PM 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.

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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