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Penguins Extend Staal

The Pittsburgh Penguins have agreed to terms with center Jordan Staal on a new four-year contract, it was announced today by Executive Vice President and General Manager Ray Shero.

The new contract goes into effect at the start of the 2009-10 season and will run through 2012-13. Staal, 20, will play the remainder of this season under the terms of his entry-level contract.  He has played 204 games with the Penguins over three NHL seasons, scoring 52 goals and 39 assists for 91 points, along with 98 penalty minutes

added 12:11pm, TSN reporting 4 years, $16M.

added 12:21pm, via Shelly Anderson of the Pittsburgh Post-Gazette,

The team’s salary cap hit will be $4 million per season, with Staal earning $3.5 million each of the first two seasons and $4.5 million each of the ensuing two seasons.

“He’s agood yong player,” general manger Ray Shero said. “We’ve always wanted to re-sign him. His best years are ahead of him.”

added 12:51pm, Empty Netters chimes in,

...this clearly doesn’t bode well for those who would like to get a world-class first-line scoring winger for Sidney Crosby, including potentially Crosby himself. Given the uncertainty of how much the NHL’s salary cap could rise or even fall in subsequent seasons, locking up a talent like Staal to a long-term deal obviously sucks up a significant portion of whatever cap room Shero has to work with.

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Filed in: NHL Teams, Pittsburgh Penguins, | KK Hockey | Permalink
  Tags: jordan+staal

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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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