Penguins Sign Sidney Crosby To Two-Year Contract Extension

Penguins Sign Sidney Crosby To Two-Year Contract Extension

The Pittsburgh Penguins announced they re-signed captain Sidney Crosby to a two-year contract extension with an average annual value of $8.7 million.

SPECTOR’S NOTE: Crosby, 37, is entering the final season of his 12-year, $104.4 million contract with the same AAV. TSN’s Chris Johnston reports the Penguins captain will end up playing 19 seasons of his NHL career earning that $8.7 million annual cap hit.

Crosby will earn a $9 million signing bonus in 2025-26 and a $6.53 million bonus for 2026-27.

Pittsburgh Penguins captain Sidney Crosby (NHL Images).

There was speculation earlier this summer that Crosby’s next contract would be a three-year deal worth around $10 million. As with his previous contracts since coming off his entry-level deal in 2008, he’s left a lot of money on the table to give the Penguins the cap flexibility to build up other areas of their roster.

The Penguins aren’t overpaying an old veteran star well past his prime. Despite his age, Crosby remains among the NHL’s elite players. He tallied 42 goals and 52 assists for 94 points in 82 games last season on a Penguins squad considerably less talented than those he captained to three Stanley Cups, finishing 12th overall among the league’s leading scorers.

General manager Kyle Dubas expressed the gratitude of the Penguins’ front office. “Sid is making a tremendous personal sacrifice in an effort to help the Penguins win, both now and in the future, as he has done for his entire career.”

Crosby’s made plenty of other money through endorsements and other opportunities. Nevertheless, it’s rare for a generational player to consistently accept less than market value on his contracts.

It’s not all tied to his superstitious feelings about No. 87. He’s taken the term “team player” to a different level.










NHL Rumor Mill – September 16, 2024

NHL Rumor Mill – September 16, 2024

The top remaining unsigned restricted free agents plus the latest speculation on Mikko Rantanen, Nikolaj Ehlers and more in today’s NHL Rumor Mill.

DAILY FACEOFF: Boston Bruins goaltender Jeremy Swayman, Detroit Red Wings defenseman Moritz Seider and winger Lucas Raymond, New Jersey Devils forward Dawson Mercer, Winnipeg Jets center Cole Perfetti and Dallas Stars defenseman Thomas Harley top Steven Ellis’ list of the notable remaining unsigned restricted free agents.

Boston Bruins goaltender Jeremy Swayman (NHL Images).

SPECTOR’S NOTE: I’ve singled out those RFAs as they’ve featured prominently in the rumor mill throughout the offseason. They’ll face heightened scrutiny as training camps open around the NHL.

Most could be signed to new contracts this week. A few could miss the start of camp if negotiations remain stalled.

THE DENVER POST: Mikko Rantanen’s contract extension is among Corey Masisak’s 10 questions facing the Colorado Avalanche as training camp begins this week.

Rantanen, 27, is entering the final season of his six-year contract with its $9.25 million average annual value. He’s in line for a considerable raise on his next deal.

Masisak wonders if extension discussions between the Rantanen camp and Avalanche management will continue as the season begins, will there be an artificial deadline, or will they get it out of the way early in training camp.

SPECTOR’S NOTE: Rantanen is an important part of the Avalanche roster and a big reason why they’ve been a Cup contender (and a champion) over the past five years. He’ll be among the biggest names in next summer’s unrestricted free-agent market if he and the Avs don’t agree to a new deal by July 1. His contract situation will be closely watched during this season.

THE ATHLETIC: Thomas Drance asked Winnipeg Jets GM Kevin Cheveldayoff about a contract extension for Nikolaj Ehlers. The 28-year-old winger is eligible for UFA status next July after he completes his six-year deal with an AAV of $6 million.

Ehlers was the subject of trade speculation during the offseason, especially near the 2024 NHL Draft in late June. Cheveldayoff said he’s taking a “wait-and-see” approach, suggesting it could be addressed at the end of the season or sooner.

630 CHED’s Bob Stauffer writes that he fully expects the Edmonton Oilers to be in the market for a second-pairing right defenseman, preferably with a little term remaining on his contract.

SPECTOR’S NOTE: The Oilers have just over $945K in cap space for the coming season. However, they could get some cap relief by placing Evander Kane and his $5.125 million cap hit on long-term injury reserve following his upcoming sports hernia surgery. However, they must be cap-compliant once he returns to action later this season.

Stauffer didn’t elaborate on which blueliner he believes the Oilers could pursue. Feel free to post your suggestions in the comments section. Keep in mind the Oilers’ cap constraints and their need for a right-shot rearguard.










NHL Morning Coffee Headlines – September 16, 2024

NHL Morning Coffee Headlines – September 16, 2024

The Blue Jackets sign James van Riemsdyk, the Devils bring in Kevin Labanc on a PTO, and Antti Raanta ends his NHL career. Check out the details on these stories and more in today’s NHL Morning Coffee Headlines.

THE COLUMBUS DISPATCH: The Blue Jackets signed free-agent winger James van Riemsdyk to a one-year, $900K contract.

The 35-year-old van Riemsdyk had 38 points in 71 games with the Boston Bruins last season. He’s a 15-season NHL veteran with previous stops with the Toronto Maple Leafs and Philadelphia Flyers.

Columbus Blue Jackets sign winger James van Riemsdyk (NHL Images).

SPECTOR’S NOTE: This signing came shortly after Blue Jackets general manager Don Waddell indicated his intention to shore up his forward depth by signing veteran players. Waddell probably isn’t done making additions via free agency and we can’t rule out a trade.

NEW JERSEY HOCKEY NOW: The Devils are reportedly close to signing Kevin Labanc to a professional tryout offer. The 28-year-old winger spent the past eight seasons with the San Jose Sharks.

SPECTOR’S NOTE: Labanc was once a promising forward with the Sharks, reaching a career-high of 17 goals and 56 points in 82 games during the 2018-19 season. He hasn’t regained those heights as his production and ice time declined.

DAILY FACEOFF: Antti Raanta is ending his NHL career after 11 seasons with the Carolina Hurricanes, Arizona Coyotes, New York Rangers and Chicago Blackhawks. The 35-year-old Finnish goaltender intends to continue his playing career in Europe.

Raanta had a record of 139 wins, 80 losses, and 20 overtime losses in 277 NHL regular-season games with a 2.48 goals-against average, a save percentage of .915, and 20 shutouts. He also had a 9-9 record in the playoffs with a 2.48 GAA, a .911 SP and one shutout.

THE BUFFALO NEWS: Jack Quinn hopes to bounce back from a torn Achilles tendon and a broken left fibula that limited him to 19 points in 27 games during his sophomore campaign last season.

SPECTOR’S NOTE: Quinn showed considerable promise as an offensive forward during his rookie season with 37 points in 75 games. He also put up solid numbers despite last season’s setbacks. A healthy 2024-25 could see the 22-year-old winger become invaluable to the Sabres’ offense.

SPORTSNET: Toronto Maple Leafs prospect Fraser Minten left Sunday’s prospect game in Montreal during the second period following a hit by Canadiens defenseman David Reinbacher. He did not return as he was held out of the remainder of the game for precautionary reasons.

RG.ORG: Speaking of the Canadiens, top prospect Ivan Demidov scored his first career goal in the KHL with SKA St. Petersburg. Former Washington Capitals star Evgeny Kuznetsov picked up the primary assist. The 18-year-old Demidov was chosen fifth overall in the 2024 NHL Draft.










NHL Headlines and Rumors – September 15, 2024

NHL Headlines and Rumors – September 15, 2024

Several Capitals face pressure this season, Oilers winger Evander Kane to undergo surgery, plus the latest on the Canucks and Blue Jackets in today’s NHL Headlines and Rumors.

THE HOCKEY NEWS: Adam Proteau believes Washington Capitals forwards Alex Ovechkin, Pierre-Luc Dubois and defenseman Jakob Chychrun will feel the heat entering this season.

Washington Capitals captain Alex Ovechkin (NHL Images)

Ovechkin is chasing Wayne Gretzky’s all-time goals record of 894. Dubois seeks a bounce-back performance after a lackluster 2023-24 campaign with the Los Angeles Kings led to his trade with the Capitals. Meanwhile, Chychrun hopes to re-establish himself as a top-pairing defenseman in his contract year after being traded by the Arizona Coyotes and Ottawa Senators in successive years.

SPECTOR’S NOTE: Ovechkin is already well-established as a future Hall of Famer and the greatest player in Capitals history. Few fans and pundits will fault the 39-year-old winger if it takes him a couple of seasons to break Gretzky’s goal record.

Dubois and Chychrun have much more at stake. They must silence the growing criticism about their recent performances and prove they still belong among the league’s best players.

THE SCORE: Edmonton Oilers winger Evander Kane is scheduled to undergo sports hernia surgery within the next 10 days or so.

Kane, 33, played through the injury last season. It affected his performance, limiting him to 24 goals and 20 assists in 77 games.

SPECTOR’S NOTE: Kane has a $5.125 million annual salary cap hit through 2025-26. He could end up on long-term injury reserve to start the season. The Oilers could use that cap relief to bolster their roster during his absence but must be cap-compliant when he’s ready to return to action.

CHEK-TV’s Rick Dhaliwal reported Friday that the Vancouver Canucks offered a one-year contract to free-agent goaltender Kevin Lankinen. However, it’s believed worth under $1 million, which is less than the $2 million the 29-year-old netminder earned last season with the Nashville Predators.

THE PROVINCE: Patrick Johnston reports the Canucks also reached out to free-agent goalie Antti Raanta but the 35-year-old is not interested in playing in the NHL anymore.

SPECTOR’S NOTE: The Canucks seek a veteran insurance policy between the pipes in case starter Thatcher Demko hasn’t recovered from a nagging undisclosed injury when the season opens next month. They’re bumping against the $88 million cap ceiling and don’t want to go into LTIR to address the issue. Perhaps they’ll consider a trade if a dollar-in, dollar-out deal can be found.

THE COLUMBUS DISPATCH’s Brian Hedger reports Blue Jackets general manager Don Waddell said he’s down to 10 healthy forwards with Justin Danforth seeing a doctor on Monday for a wrist/hand issue that required offseason surgery.

Waddell indicated he’ll look at pursuing unsigned free-agent veterans to fill the void at forward.

SPECTOR’S NOTE: The Athletic’s Aaron Portzline reports Waddell wants to sign players to actual contracts and not professional tryout offers. Portzline listed James van Riemsdyk, Kevin Labanc and Kyle Okposo among the notable UFA forwards still available. He also noted Phil Kessel is looking for an opportunity to play in the NHL after going unsigned last season.

Portzline also noted that Waddell could sign free agents currently on PTO contracts with other clubs.

Waddell also said he’s spoken with the league and the NHL Players’ Association for guidance about how to measure the Blue Jackets’ salary-cap figure for this season following the death of Johnny Gaudreau last month.










NHL Headlines and Rumors – September 14, 2024

NHL Headlines and Rumors – September 14, 2024

Check out the latest on Ilya Sorokin, Phil Kessel, the latest Flyers speculation, and more in today’s NHL Headlines and Rumors.

DAILY FACEOFF: New York Islanders general manager Lou Lamoriello said Ilya Sorokin suffered an injury during offseason training. The 29-year-old goaltender is skating and could miss the first couple of days of training camp. Lamoriello doesn’t believe Sorokin’s ailment will keep him out of the lineup for the regular season.

New York Islanders goaltender Ilya Sorokin (NHL Images).

SPECTOR’S NOTE: Sportsnet’s Elliotte Friedman reported last week that Sorokin was dealing with something. We’ll likely learn more about his status following his training camp medical next week.

NEW YORK POST: Speaking of the Islanders, they’ve invited winger Matt Martin to training camp on a professional tryout offer (PTO).

SPECTOR’S NOTE: Martin, 35, spent 13 of his 15 NHL seasons with the Islanders.

SPORTSNET: Phil Kessel isn’t ready to hang up his skates. Elliotte Friedman reports the 36-year-old winger still hopes for another NHL opportunity. The league’s reigning Ironman’s last NHL game was an Apr. 13, 2023 playoff contest with the Vegas Golden Knights.

The report suggests interest in Kessel among NHL clubs is lacking given his age and that he missed all of last season.

SPECTOR’S NOTE: Maybe someone will take a chance on Kessel with a PTO but it’s unlikely that he’ll land a job at this stage.

COLORADO HOCKEY NOW: Avalanche forward Artturi Lehkonen won’t be a full participant when training camp opens next week. The 29-year-old had shoulder surgery during the offseason and there’s no timetable for his return.

SPECTOR’S NOTE: The Avs were already facing the start of the season without Valeri Nichushkin as he’s in Stage 3 of the NHL/NHLPA player assistance program and remains suspended until mid-November. Team captain Gabriel Landeskog hopes to stage a comeback from knee surgeries but his status remains uncertain.

PHILLY HOCKEY NOW: The Flyers hired Wayne Simmonds as a community relations ambassador and hockey operations consultant. Simmonds, 36, spent nearly eight seasons with the Flyers, scoring 203 goals and 175 assists for 378 points in 584 games.

THE ATHLETIC: Speaking of the Flyers, Kevin Kurz believes forward Joel Farabee will be in the spotlight early on this season. The 24-year-old forward struggled last season and Kurz doesn’t have him pencilled in among their top-six forwards.

Training camp will determine how things shake out. Kurz suggests Farabee and his $5 million average annual value through 2026-27 could hit the trade block if the Flyers try to free up cap space for next season.

SPECTOR’S NOTE: Farabee sometimes popped up in last season’s rumor mill due to his inconsistent production. This season could determine if he has a future in Philadelphia beyond this season.

THE HOCKEY NEWS: Rob Couch suggests Flyers prospect goaltender Alexei Kolosov could be a good option for the Nashville Predators to replace the departed Yaroslav Askarov, who was traded last month to the San Jose Sharks.

Kolosov, 22, is not attending Flyers training camp despite being on an entry-level contract.

SPECTOR’S NOTE: It’s believed the Flyers will toll Kolosov’s contract a year if he stays in Europe this season. However, they might be willing to entertain trade offers for him.

TORONTO SUN: Maple Leafs performance coach Greg Harden passed away Thursday from complications due to surgery. He was 75.

SPECTOR’S NOTE: My condolences to Harden’s family, friends and the Leafs organization.










NHL Rumor Mill – September 13, 2024

NHL Rumor Mill – September 13, 2024

More speculation about possible trade destinations for Ducks defenseman Cam Fowler, and the latest on the Canucks’ goalie situation in today’s NHL Rumor Mill.

THE ATHLETIC: Eric Stephens reports Cam Fowler admits his tenure with the Anaheim Ducks is reaching a transitional stage that could lead to a trade.

The 32-year-old defenseman understands he’s in the second half of his career while his younger teammates are the ones who will push the team where it needs to be.

Anaheim Ducks defenseman Cam Fowler (NHL Images)

Fowler has a four-team trade list but Stephens reports he’s broadened the list to double-digits, opening up more options for trade discussions. He carries an average annual value of $6.5 million. With his contract down to two years, it could increase interest from other teams.

Trades at this time of the season rarely occur. The Ducks could begin this season with Fowler and see what suitors emerge during the season due to injuries or other issues.

Stephens suggested the Detroit Red Wings, Toronto Maple Leafs, Winnipeg Jets and Dallas Stars as possible destinations for Fowler.

SPECTOR’S NOTE: The Wings have the cap space but Stephens noted they’d like to move promising Simon Edvinsson into a full-time role. The Leafs would have to move one or two salaried players to Anaheim. Stephens suggested winger Nick Robertson, who requested a trade earlier this summer, as part of the return.

The Jets could be on Fowler’s no-trade list but Stephens wondered if he might be open to joining them as their contention window remains open. It would only be for two years.

Dallas could be an acceptable fit for Fowler. They have cap space now but that will shrink somewhat once Thomas Harley is signed. The Ducks might have to retain salary to make it work.

THE PROVINCE: Patrick Johnston noted the Vancouver Canucks have enough goaltenders to cover things off if starting Thatcher Demko isn’t available for preseason practices. The 28-year-old Vezina Trophy finalist’s health remains a concern following reports he’s still dealing with an undisclosed injury.

Johnston noted the Canucks have been considering adding a goalie on a professional tryout offer. They’ve approached Kevin Lankinen but the former Nashville Predators goalie wants more than a PTO.

Former Carolina Hurricanes netminder Antti Raanta was mentioned as an option but there’s no indication any deal has been made.

SPECTOR’S NOTE: Demko’s status for preseason and the start of the regular season should become clearer following his training camp medical next week.