Phil Kessel Is Worth $8 Million a Year for the Toronto Maple Leafs

October 1st, 2013 by Jon Reid Leave a reply »

After a long offseason that saw Toronto Maple Leafs GM Dave Nonis re-sign the team's first line center Tyler Bozak, use both of the team's compliance buyouts, add goal-scoring power forward David Clarkson and bring in another talented young goaltender in Jonathan Bernier, it appears that Nonis can check another item off his to-do list.

According to Darren Dreger of TSN (and subsequently reported on NHL.com), the Leafs have come to terms on a contract extension with star winger Phil Kessel and are close to making the extension official:

 

Kessel deal is 8 years,aprox $8 mil per. Believed to include ltd no-trade. It's not complete..not signed, but announcement expected today.

— Darren Dreger (@DarrenDreger) October 1, 2013  

Kessel extension should be completed this morning. Talks intensified this wknd. Phaneuf negotiations will soon become priority.

— Darren Dreger (@DarrenDreger) October 1, 2013

 

Some contract details being finalized before Kessel signs 8 yr extension. Negotiations kicked into high last week and intensified on wknd ...

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