UNSUPPORTED BROWSER
Home Ice

It's (finally) official: Penguins and Kris Letang agree to new deal. Dupuis, too

Kris Letang will get comfortable in Pittsburgh after signing an eight-year deal on Tuesday. [Michael Tureski/Icon SMI]Kris Letang will get comfortable in Pittsburgh after signing an eight-year deal on Tuesday. [Michael Tureski/Icon SMI]

By Allan Muir

UPDATE: Ray Shero is a wizard. The Pascal Dupuis deal is reportedly worth $15 million, for an AAV of $3.75 million.

Time to put the trade rumors to rest. Kris Letang is staying in Pittsburgh.

The Norris finalist and the Penguins finally, offically agreed today to an eight-year, $58 million contract extension. The deal begins with the 2014-15 season and runs through 2021-22, with an average annual value of $7.25 million. That ranks him third among NHL blueliners, trailing only Shea Weber ($7.86 million) and Ryan Suter ($7.54 million).

The deal reportedly was finalized when Letang relented on his demand for assurances that he wouldn't be traded before his limited no-trade clause kicks in next summer.

The only guy happier to see this deal done than Letang might be Norris winner P.K. Subban, whose extension talks next summer will likely start at $8 million per.

https://twitter.com/walsha/status/352272168467443712

A little less happy will be fellow Penguins Pascal Dupuis, Matt Cooke and Craig Adams. All three free agents have been in talks with GM Ray Shero about new deals, but a cap crunch may make it impossible to sign any of them for what they could get on the free market. Expect the Pens to make a concerted effort to find common ground with Dupuis, but it seems likely all three will be allowed to walk so their spots can be filled by younger, cheaper prospects.

More Home Ice

Close

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 4 easy steps:

  1. Click the Chrome menu on the browser toolbar.
  2. Select Bookmarks.
  3. Select Bookmark manager.
  4. Locate your current Sports Illustrated bookmark, click the Organize menu, then select Edit. You can now easily update the web address of your Sports Illustrated bookmark.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 2 easy steps:

  1. Click the Safari bookmark manager on the browser toolbar.
  2. This will open the Bookmarks Bar. In the Bookmarks Bar, select your Sports Illustrated bookmark and manually edit the Address field.

    Our updated web address is http://www.si.com.

To continue enjoying content from the most trusted name is sports, please be sure to update your current bookmark.

Just follow these 3 easy steps:

  1. Click the Firefox bookmark manager on the browser toolbar.
  2. Select Show All Bookmarks.
  3. This will open the library window. In the Library window, select your Sports Illustrated bookmark and manually edit the Location field.

    Our updated web address is http://www.si.com.
Don't Show This Again