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[PIT] Evgeni Malkin to be extended (8 years - $9.5M cap hit)

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06-12-2013, 08:33 AM
  #1
Capital Dee
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[PIT] Evgeni Malkin to be extended (8 years - $9.5M cap hit)

http://www.sportsnet.ca/hockey/nhl/r...ange-annually/

Do you think Penguins will pay him more than Crosby?



Mod Edit 6/13/13:

http://penguins.nhl.com/club/news.ht...t-twt-penguins

Quote:
The Pittsburgh Penguins have agreed to terms with forward Evgeni Malkin on an eight-year $76 million contract extension, it was announced today by executive vice president and general manager Ray Shero.

The deal begins with the 2014-15 season and runs through the 2021-22 campaign, and has an average annual value of $9.5 million. He will earn $9.5 million for each of the eight seasons.


Last edited by GKJ: 06-13-2013 at 08:21 AM. Reason: contract details
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06-12-2013, 08:35 AM
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Jack de la Hoya
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More in terms of actual $? No.

More in terms of a higher cap hit? They don't really have a choice. Malkin was always going to command more than $70 million or so over 8 years.

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06-12-2013, 08:40 AM
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HANDZ 57
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Shero "identified parameters", which is pretty much the same thing as any of us predicting that a top 2 player in the league could get around 10 million per. Doesn't mean that Malkin is seeking 10 million per. He could definitely get it but I still have a hard time believing that a guy like Malkin is going to say "I've got to get at least 10 million to sign".

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06-12-2013, 08:42 AM
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shifting
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Sign him then trade away Crosby.

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06-12-2013, 08:43 AM
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junyab
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I'd have to believe that the Lidstrom rule will come into play here.

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06-12-2013, 08:47 AM
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gdsmack267
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Was bound to happen due to the new restrictions on term limit. Hes worth every penny of 10 million too. Give him what he wants.

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06-12-2013, 08:49 AM
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wunderpanda
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If they do pay him, it will cause issues with Crosby

If they don't pay him, he will get traded or leave as a free agent

I predict Malkin will be a Flyer

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06-12-2013, 08:49 AM
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Krishna
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They have to.

Their cap is gonna suck

Crosby 8.7m
Malkin 10m
Letang wants like 7-8m

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06-12-2013, 08:50 AM
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Riseonfire
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Quote:
Originally Posted by junyab View Post
I'd have to believe that the Lidstrom rule will come into play here.
Agreed. I think you'll start to see a few teams do this. Islanders have not said so, but it appears as if they won't pay anyone more than JT's 5.5M. Then again, we're super cheap and no one wants to sign here anyway

If you're not better than the best, why should you get paid more?

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06-12-2013, 08:50 AM
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Flat Stanley
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Quote:
Originally Posted by Krishna View Post
They have to.

Their cap is gonna suck

Crosby 8.7m
Malkin 10m
Letang wants like 7-8m
Who said Letang is going to be a Penguin next season?

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06-12-2013, 08:51 AM
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They will pay him more because Geno's contract can't use same cheats like Crosby's, he's paid more actually.

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06-12-2013, 08:53 AM
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Quote:
Originally Posted by Krishna View Post
Letang wants like 7-8m
source?


Last edited by Guerzy: 06-12-2013 at 09:03 AM. Reason: Deleted Flaming comment.
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06-12-2013, 08:53 AM
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ck26
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Quote:
Originally Posted by junyab View Post
I'd have to believe that the Lidstrom rule will come into play here.
Malkin has done more the last few years.

If Crosby's number was an even $8m or $8.5m or $9m, OK, but his goofy birthday $8.7m ...

Expect Malkin to get more than that, even if it's just the slightest bit more.

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06-12-2013, 08:55 AM
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Quote:
Originally Posted by PensBandwagonerNo272 View Post
source?
I heard it on SiriusXM yesterday, didn't catch who they were talking to. He cited a source within the Penguins org that said Letang and his camp want to be paid in line with Weber\Suter\Doughty, and as a result, there's a good chance the Pens will issue a Staal-like "take it or leave it" extension, and if he doesn't take it, trade him at the draft.

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Last edited by Guerzy: 06-12-2013 at 09:04 AM. Reason: Edited quoted post.
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06-12-2013, 08:55 AM
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misfit
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Whether the Pens are willing to pay him more than Crosby or not, my guess is some other team will be.

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06-12-2013, 08:55 AM
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Flat Stanley
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I don't think it's crazy that Malkin is asking for $10M a year, it's only a raise of $1.3M in terms of cap space.

However, I would wait until they officially sign him because the guy who is reporting this is Rob Rossi, the guy who reported the Penguins acquired Keith Yandle at the draft for Michalek. When it was Michalek for Ruopp, Cheverie and a 3rd.

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06-12-2013, 08:57 AM
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knoxdown
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Quote:
Originally Posted by Riseonfire View Post
Agreed. I think you'll start to see a few teams do this. Islanders have not said so, but it appears as if they won't pay anyone more than JT's 5.5M. Then again, we're super cheap and no one wants to sign here anyway

If you're not better than the best, why should you get paid more?
In a cap world it is the idea way to go about things, Vancouver has seemed to initiate it as no player has been given more than the twins 6.1M I was surprised when Edler managed to get 5M as I expected Garrison/Bieksa/Hamhuis' 4.5-4.6 being the internal cap on defensemen.

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06-12-2013, 08:59 AM
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Vujtek
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Quote:
Originally Posted by wunderpanda View Post
If they do pay him, it will cause issues with Crosby
Crosby will be fine with whatever Pens pay to Malkin. He was well aware when he signed his deal that Malkin's cap hit will likely be higher than his. No issues whatsoever here.

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06-12-2013, 09:00 AM
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Just because he asks for $10m doesn't mean he'll get it. You go into negotiations with your high point because there will always been negotiating to bring it down. I expect he'll resign around $8.5-$9m.

7 years at $63m.

One thing that should be noted though is that Malkin was quoted as saying that he'd be willing to take a discount if it helped the team.

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06-12-2013, 09:00 AM
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Quote:
Originally Posted by wunderpanda View Post
If they do pay him, it will cause issues with Crosby

If they don't pay him, he will get traded or leave as a free agent

I predict Malkin will be a Flyer
lol each comment got more and more ridiculous as the post went on haha, good work

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06-12-2013, 09:00 AM
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Quote:
Originally Posted by ck26 View Post
Malkin has done more the last few years.

If Crosby's number was an even $8m or $8.5m or $9m, OK, but his goofy birthday $8.7m ...

Expect Malkin to get more than that, even if it's just the slightest bit more.
I disagree, they don't call him number 2 because he is the best player in the world. Crosby can turn a 4th line scrub into an offensive threat... his ppg is higher too. Crosby is more valuable.

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06-12-2013, 09:12 AM
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Dallas has never had that legit marketing superstar so i could see Dallas throwing the money at him. Put him on a line with Eriksson or Benn would be awesome!

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06-12-2013, 09:14 AM
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The Leafs will back up the Brinks truck for this guy if he even sniffs free agency. They have a ton of cap space to burn and can easily amnesty 1-2 contracts that would be sitting in the pressbox anyway if they need more.

Pens have to lock him up at whatever he wants.

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06-12-2013, 09:14 AM
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Quote:
Originally Posted by Krishna View Post
They have to.

Their cap is gonna suck

Crosby 8.7m
Malkin 10m
Letang wants like 7-8m
Not to derail the thread, but Pittsburgh has the most impressive group of d prospects even after dealing Morrow, so I think they might let Letang go.

Quote:
Originally Posted by veedubn1 View Post
The Leafs will back up the Brinks truck for this guy if he even sniffs free agency. They have a ton of cap space to burn and can easily amnesty 1-2 contracts that would be sitting in the pressbox anyway if they need more.

Pens have to lock him up at whatever he wants.
Leafs have 20 mill for 8 players. Sign Malkin for 10, that's 7 players for 10 mill.

Kadri just had a great year and that will cost the leafs. 3.5. Leaves them 6.5 for 6 players. Average 1 mill a player to leave some room for callups. Oh wait, Franson is RFA. He just had great year, too. 3 mill (if not more) for him. 3.5 for 5 players. Yeah... I don't think the Leafs will target Malkin for that price.

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06-12-2013, 09:14 AM
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Originally Posted by Tattoo View Post
Dallas has never had that legit marketing superstar so i could see Dallas throwing the money at him. Put him on a line with Eriksson or Benn would be awesome!
Listen, I like the Stars, I consider them my 2nd favorite team, but if Malkin is going to be a Dallas Star, it will be by trade, and Benn would be coming back in a huge package from Dallas.

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