Tuesday, July 10, 2007

Penguins sign Sidney Crosby to a contract extension!!



Sorry I am so late with this, was busy at work all day.

43.5 million over 5 years, which will keep Crosby with the Penguins until 2013. The new contract extension will take effect in the 2008-09 season. According to the Pittsburgh Post-Gazette the contract breakdown is as follows:

2008-09 -- $4 million salary plus $5 million signing bonus.

2009-10 -- $9 million.

2010-22 -- $9 million.

$2011-12 -- $9 million.

2012-13 -- $7.5 million.

This is great news for the city of Pittsburgh and the Penguins organization. Give major credit to GM Ray Shero for locking up Ryan Whitney and Sidney Crosby already. Sidney shows that he is a true leader and captain by taking a pay cut. Good to see money doesn't mean everything to him.

What an amazing offseason so far by General Manger Ray Shero; especially locking up to future stars to contract extension (Whitney and Crosby), hopefully Staal, Fleury, and Malkin will follow the same boat so that the organization can continue to build around them.

0 comments: