Crosby, Penguins agree on 12-year extension
Thursday, 06.28.2012 / 1:11 PM / News
By Dan Rosen - NHL.com Senior Writer
Sidney Crosby wanted to be a Penguin for life. Now he's got the contract that should get him closer to his goal.
Crosby and the Penguins have agreed to terms on a 12-year contract extension worth $104.4 million. The contract, which will go into effect starting with the 2013-14 season and will last until Crosby is 37 years old, comes with an average annual value of $8.7 million. That's the same AAV that Crosby has in his current contract, which expires after the 2012-13 season.
His contract works out to $8.7 mill average...the same he makes now. Well below next seasons max of $14.03 mill. This extra money saved will certainly help in luring Parise over here. Well done Sid.