News Article: Malkin seeking $10M per year with contract extension

[PensBandwagonerNo272*]

According to this report, Shero has been meeting with the Penguins owners to discuss giving Bylsma a contract extension, as well as giving Malkin basically anything he wants.

That is reported to equal a $10 mil per contract...

http://www.sportsnet.ca/hockey/nhl/report-pens-malkin-seeks-10-million-range-annually/

Click to read more...

 

[IcedCapp]

It's only a 1.3MM difference if he gets exactly 10M/year. Hell, you can find that kind of change in the seat cushions of your 4th-line

 

[Beauner]

That's almost exactly the article Rossi wrote. He should sue for plagiarism.


Edit: nevermind. I didn't see that light blue lettering that sourced it.

 

[On Vinyl]

Look at the source. It's Rossi.

 

[spcastlemagic]

So as far as I'm concerned the negotiations are done now. Geno said what he wants.

 

[dr robbie]

Well, that kind of sucks.

Is he worth it: Duh

Can we pay it:

 

[Shrimper]

This doesn't mean that he'll be getting $10m. It's the start of negotiations. His higher point.

Will likely end up around $8.5-$9m

 

[cheesedanish87]

This doesn't mean that he'll be getting $10m. It's the start of negotiations. His higher point.

Will likely end up around $8.5-$9m

I don't think there will be any negotiating going on, Malkin's agent will tell Shero what he wants and Shero will say ok.

 

[Vujtek]

So as far as I'm concerned the negotiations are done now. Geno said what he wants.

Exactly. If Geno wants $10 million per year, pay the man. Give him $80 million for 8 years and it's great deal for the team. He'd get less than Sid will get for the next 8 years so that would count as discount for the team.

 

[66_Lemieux_66]

"PAY THE MAN!!!"

 

[Vujtek]

This doesn't mean that he'll be getting $10m. It's the start of negotiations. His higher point.

Will likely end up around $8.5-$9m

No chance of Malkin getting a lesser cap hit than his current deal is. Just no chance. Just look at what Perry signed for (8 years, $8.625 million cap hit). Malkin is much better than Perry.

 

[Scandale du Jour]

Giving Bylsma an extension, I hope that's a joke... Giving Malkin what he wants is perfect though.

 

[ColePens]

If it's 10... i don't care. Pay him. He's awesome and was tremendous in the postseason.

 

[Gooch]

Eh, it could be like Crosby in that he was front loaded that kind of money in the beginning and that is what Malkin wants. In the end I feel Malkin will have the same caphit as Crosby just like last time.

 

[Vujtek]

Eh, it could be like Crosby in that he was front loaded that kind of money in the beginning and that is what Malkin wants. In the end I feel Malkin will have the same caphit as Crosby just like last time.

Except you can't really front-load deals anymore like Pens did with Crosby. The maximum years you can give a player is 8, so that leaves very little options to front-load a deal to Malkin and have the cap hit go down to $8.7.

If Malkin were to sign a 8 year deal with a cap hit of $8.7 million, that would mean he'd get $16.8 million less than Crosby will get during his first 8 years. Let that sink in for a moment. $16.8 million is a lot of money to leave on the table on top of whaever discount Crosby already gave to the team!

 

[lettuceAA]

Noway he makes more per year then crosby, whether he deserves it not, it just won't happen.

 

[Vujtek]

Noway he makes more per year then crosby, whether he deserves it not, it just won't happen.

Crosby will make $10.8 million per year for the next 8 years. That's the potential cap for Malkin's new deal, not Crosby's $8.7 million cap hit.

 

[Frederick Stanley]

That's no surprise. Pay him and concentrate on Fleury and Letang.

 

[KIRK]

Crosby will make $10.8 million per year for the next 8 years. That's the potential cap for Malkin's new deal, not Crosby's $8.7 million cap hit.

Anything under that then should be viewed as a gift.

 

[Darth Vitale]

"You either PAY THAT MAN his $9-10M, or we'll all end up living in a VAN... down by the RIVER!"

 

[Mr Jiggyfly]

My guess/hope has been Malkin at 10m and Letang at 7m, so this would be good news. Based on the HRR this season, after a third consecutive lockout, I feel strongly the cap will be close to 70m by the time these contracts kick in.

If Shero can lock these two up for anything around a combined 5m total increase agt. the cap, be happy. Be very happy.

 

[Darth Vitale]

That 5M Fleury Buy-out sure would be great... if only Disco Dan weren't here to foil the plan. Then you could give Letang his 7M too and possibly even sign Iggy. Fleury Buyout, Kennedy FA by themselves... is 7M. Bears repeating so I did.

 

[Bennett Brauer]

"You either PAY THAT MAN his $9-10M, or we'll all end up living in a VAN... down by the RIVER!"

It's true though, Malkin deserves that money, and he said he would take less, to me that's taking less, yes it's a raise, but a deserved one.

 

[KIRK]

That 5M Fleury Buy-out sure would be great... if only Disco Dan weren't here to foil the plan. Then you could give Letang his 7M too and possibly even sign Iggy. Fleury Buyout, Kennedy FA by themselves... is 7M.

When one looks at the gravestone that is Sid's and Geno's career together, those might be the only words that need to be printed.

 

[BlindWillyMcHurt]

If that's accurate, I feel much better. 10 million a year is very do-able for Evgeni Malkin. I wouldn't go so far as calling it a huge discount, or anything. But it's still encouraging.