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/352272168467443712Matt Cooke Craig Adams