Can Pittsburgh Penguins Keep a Strong Supporting Cast for Expensive Stars?

July 2nd, 2013 by Steve Silverman Leave a reply »

It looked like the Pittsburgh Penguins and Kris Letang might part company.

The Penguins had given Letang an extension to his contract that was set to run out after the 2013-14 season. Letang was not enamored with the deal and said no.

Jordan Staal had done the same thing to the Penguins last year. Back then, Ray Shero saw the handwriting on the wall and traded him to Carolina so he could play with his brother Eric Staal.

Letang does not have a hockey-playing brother in the NHL, and Shero did not trade him. Instead, he came back at the stellar defenseman with another offer. This time, Letang said yes.

BREAKING NEWS: #Pens agree to terms with defenseman Kris Letang; 8-year, $58 million extension. Read more: http://t.co/Mg6LIDnoAh

— Pittsburgh Penguins (@penguins) July 2, 2013  

The deal does not impact the $64.3 million salary cap that is in place for the 2013-14 season. That's because Letang will start making the big money from the contract extension at the start of the 2014-15 season. While he will earn $7.25 million per year once the new deal kicks in, Letang will get paid $3.5 m ...

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