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Old 07-01-2013, 10:58 AM   #13
SteelCityMom
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Default Re: Letang rejects Pens 8 year / $54M offer

Framework of the potential deal's length (eight years) and finances ($58 million total) were agreed upon, but there was haggling over Letang's push for a verbal agreement the Penguins will not trade him next summer, multiple sources told the Tribune-Review.

Letang would not receive a full no-movement clause — a concession the Penguins require to pay him more than $7 million annually on a max-level term. Instead, Letang would receive a limited-movement clause, which would free the Penguins to trade him to one of 15 approved clubs at some time during the contract.

Shero proposed two structures for Letang's new contract Saturday. The other was for a four-year deal at $30 million (total), and it would include a full no-movement clause.




Read more: http://triblive.com/sports/penguins/...#ixzz2Xom0qYIf
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