Penguins Seek Centerman And Defenseman
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08-11-2005, 11:24 AM
Join Date: Mar 2003
Originally Posted by
Last season the Pens payroll was about 20m. This season it'll be 31-33. Why the increase? Crosby has sold a ridiculas number of tickets. Ken Sawyer has said that Crosby will likely add 15mil to the Pen's bottom line this year alone. Also, there is more money from a new investor. The pens can afford a payroll of 31-33. Its also important to the organization to be as competitive as possible if they want to stay in Pittsburgh.
Actually, the Pens were already talking about a low 30M payroll before the lockout and Crosby. It's one of the reasons why they signed Recchi and were talking to Kovalev before the lockout.
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