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Old 06-13-2013, 07:42 AM   #1
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Icon40 [News] Malkin signs extension with the Penguins

@JoshRimer

Penguins announce they've signed Malkin to 8 yr contract worth 76million dollars!

There goes any rumors have the Penguins moving him this off season.
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Old 06-13-2013, 07:42 AM   #2
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Icon40 Penguins, Evgeni Malkin agree to 8-year, $76-million extension

wow!

http://www.sportsnet.ca/hockey/nhl/p...th-76-million/
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Old 06-13-2013, 07:43 AM   #3
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$9.5 million/season?

That's nothing
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Old 06-13-2013, 07:45 AM   #4
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They better hope the cap keeps climbing.

As good as Malkin and Crosby are, $18.5 million in cap space per season for two players makes it hard to build a team.
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Old 06-13-2013, 07:46 AM   #5
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Wow. So Sid takes a hometown discount so Mario can give that cash to Geno.

He should've gotten the same as Sid but Sid should be at $9.5M too
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Old 06-13-2013, 07:49 AM   #6
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Wow. So Sid takes a hometown discount so Mario can give that cash to Geno.

He should've gotten the same as Sid but Sid should be at $9.5M too
Sid will earn $10M more than Geno through that 8 year term
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Old 06-13-2013, 07:49 AM   #7
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So the 2nd best player in the world is t going to be traded? Shocking.
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Old 06-13-2013, 07:51 AM   #8
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I thought he was going to go to FA for sure.
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Old 06-13-2013, 07:56 AM   #9
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They better hope the cap keeps climbing.

As good as Malkin and Crosby are, $18.5 million in cap space per season for two players makes it hard to build a team.
Sorry Canucks fans but it's hard to imagine they would plan on adding Luongo's long term deal to this. I imagine Letang is going to further take a big chunk of cap room. Will be interesting to see how the Penguins can balance building a solid supporting cast as they are running out of room to keep any more star players long term. They are going to have to lean hard on their drafting to supplement this team.
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Old 06-13-2013, 07:57 AM   #10
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I thought he was going to go to FA for sure.
Really? What made you think that?

I would've been shocked if he did
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Old 06-13-2013, 07:58 AM   #11
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Sid will earn $10M more than Geno through that 8 year term
I guess it just depends on years 9-12 to see which player ends up getting paid more.
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Old 06-13-2013, 07:59 AM   #12
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I thought teams couldn't extend them until July 1 (July 5 this season) prior to their final year of their contract?
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Old 06-13-2013, 08:00 AM   #13
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There were rumours about a big offer coming his way from the KHL. Good for Malkin for commiting to playing in the best hockey league in the world over taking the easy money in the KHL.
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Old 06-13-2013, 08:03 AM   #14
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Really? What made you think that?

I would've been shocked if he did
Because he seems like a guy who wanted to get paid, that coupled with the fact that Shero went all in this year made me think that he had the inclination that Malkin was going to test FA.
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Old 06-13-2013, 08:13 AM   #15
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For arguably the best player in the NHL, I'd take that all day long.
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Old 06-13-2013, 08:14 AM   #16
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Him and Crosby are the only 2 players in the league who are worth that much. As much as it sucks having that much $ tied up in 2 players, they are worth it.
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Old 06-13-2013, 08:17 AM   #17
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The best 1-2 punch down the middle in modern day NHL history locked up long term. Penguin fans have it so good.
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Old 06-13-2013, 08:38 AM   #18
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Lots of talk about how the pens build around these 2 or 3 salaries once they add letang. The pens have won a cup, made the playoffs every year and seen the ECF 3 times in the last 5 years? They are making money hand over fist with these 2/3 franchise players. Players want to go there and play and take discounts to do it.

That franchise is laughing for many more years to come while having a chance at the SCF every year. Shero and co are far from worried about the future.

I can only wish we had their "problems".
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Old 06-13-2013, 08:48 AM   #19
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I can only wish we had their "problems".
I think most teams in the league would love to have their problems but all 29 would rather be in the position of the Hawks or Bruins with better overall teams. Nobody is saying the Penguins are screwed but their lack of talent on defense and goaltending has led to them getting exposed in the last two playoffs. They will be a cup contender every year but a lot of things will have to fall into place for them to win a cup as long as they continue with a somewhat flawed roster that is built more for regular season success than playoff success.
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Old 06-13-2013, 08:56 AM   #20
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Well, its clear that no one has learned anything about ridiculous contracts.

At least with Malkin you've got a proven player so it isnt completely absurd.
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