I'm hoping he takes a deal similar to Briere. Something like, 8, 7, 7, 6.5, 3.25, 2.5.
Thats 28.5 million in the first 4 years, but only a 5.7 mil cap hit. You can trade him in the 5th or 6th year, even tho his cap hit won't change, somebody would still be willing to pay him 2.5mil for his experience/leadership even if he isn't still an all star at 40.
Its not just brieres cap hit thats keeping him with us, its his salary. Nobody wants to pay briere the 7-8 mil hes due the next couple years. In 3 years when Briere is only making 3mil someone will prob take him. Too bad that doesn't help us now.
The agent for Chris Pronger told Sportsnet that his client has signed a seven-year contract extension that will likely see the defenceman finish his career in Philadelphia.
The confirmation will come down later Tuesday.
The extension is front-loaded to lower the salary cap hit, and is rumoured to be worth $35 million, or five million per season. The deal also includes a no-movement clause. The Anaheim Ducks traded Pronger and forward Ryan Dingle to the Philadelphia for defenceman Luca Sbisa, forward Joffrey Lupul and two first-round picks and a conditional third-round pick in 2010 or 2011. Last season with the Ducks he scored 11 goals and added 37 assists in 82 games.
On Monday Chris Pronger said he would like to retire a Flyer. A day later, Pronger took a step in that direction, agreeing to a seven-year extension. According to sources, the deal is worth $43.9 million of which only $35 million will count against the salary cap.
The contract expires after the 2016-17 season, at which time Pronger will be 42.
The contract is front loaded in order to keep it cap friendly. It is structured similar to the deal signed by Mike Richards, also a client of agent Pat Morris. In 2007 Richards signed a 12-year, $69 million deal.
“I am very excited to be able to retire a Philadelphia Flyer and I am looking forward to many years with the Flyers logo on my chest,” Pronger said in a statement released by the team. “I think both parties wanted to get it handled in a timely fashion in order to move on and get things set up for future years down the line so that the Flyers could make moves either this year or next year, and know that they had me in place.”
Getting it done in a timely fashion was important for cap reasons.
Pronger’s cap number this season is $6.25 million, but for the next seven seasons will be slightly less than $5 million. Plus, because of a clause in the CBA, had Pronger signed this deal next season at the age of 35 (he turns 35 on Oct. 10) and then retired at some point during the deal, the Flyers would be have been liable for a huge cap hit. But because Pronger is signing the deal now at age 34, any money and any years left on the deal should he retire prior to the seven-year length running out are off the cap.
Chris Pronger wasn’t kidding when he said on Monday he wanted to retire a Flyer. Question is, can he still be effective at the age of 42?
The Flyers signed the 34-year-old defenseman to a seven-year, $35 million extension on Tuesday. Pronger’s cap hit of $6.5 million still stands for the upcoming season. But after that, the cap hit drops to a more manageable $5 million.
The deal takes away much of the risk the Flyers inherited when they dealt Joffrey Lupul, Luca Sbisa and two first-rounders to the Anaheim Ducks for Pronger, who said on Monday he has the body of a 24-year-old.
In a stunning development, the Flyers signed defenseman Chris Pronger to a seven-year contract extension for a reported $35 million on Tuesday.
During his introductory news conference Monday in Voorhees, Pronger, 34, said he hoped to end his career as a Flyer.
This virtually ensures that will happen.
The Flyers released statements from general manager Paul Holmgren and Pronger.
“We are pleased to have one of the NHL’s premier defensemen in our organization and under contract long term,” Holmgren said. “When we made the trade for Chris, it was our intention to get him signed to an extension and we are glad we could come to this agreement today.”
Last edited by MiamiScreamingEagles: 07-07-2009 at 07:29 PM.