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NHL: Free Agency, Trade, Injury, and Rookie News!
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<blockquote data-quote="Knightfall" data-source="post: 2556359" data-attributes="member: 2012"><p><strong>The Mario and Sidney Show!</strong></p><p></p><p><span style="color: DarkOrange"><strong>Penguins sign Crosby and Lemieux</strong></span></p><p></p><p><strong>Associated Press</strong></p><p></p><p>9/9/2005 4:06:26 PM</p><p></p><p><strong>PITTSBURGH (AP-CP) - The Pittsburgh Penguins made it official Friday, signing No. 1 draft pick Sidney Crosby to a three-year deal that will pay him at least $850,000 US a season.</strong></p><p></p><p>Then they quietly slipped out a press release announcing that unrestricted free agent and part-owner Mario Lemieux had re-signed with the club.</p><p></p><p>Crosby's contract includes performance bonuses that could push his earnings to $4 million per year.</p><p></p><p>Crosby has been touted as potentially the league's greatest player since Lemieux. The rookie also figures to be the new lifeblood of a small-market franchise Lemieux has already resuscitated several times as a player and owner.</p><p></p><p>The amount of Crosby's contract is a formality under the NHL's new collective bargaining agreement limiting first-year players to $850,000 in salary, including an $85,000 signing bonus. </p><p></p><p>In order to earn the maximum under his contract, Crosby would have to win the rookie of the year, the Hart Trophy as the league's MVP or be the league's scoring leader to gain additional bonuses from the Penguins and the league.</p><p></p><p>Details of Lemieux's contract were not disclosed, but the Penguins are well under the league's $39 million salary cap. In fact, they are closer to the league's minimum.</p><p></p><p>The Penguins open training camp Tuesday with a week's worth of practice before moving camp to the arena of their minor-league affiliate in Wilkes-Barre.</p><p></p><p>Crosby will make his NHL debut Oct. 5 - Lemieux's 40th birthday - at New Jersey.</p></blockquote><p></p>
[QUOTE="Knightfall, post: 2556359, member: 2012"] [b]The Mario and Sidney Show![/b] [COLOR=DarkOrange][B]Penguins sign Crosby and Lemieux[/B][/COLOR] [B]Associated Press[/B] 9/9/2005 4:06:26 PM [B]PITTSBURGH (AP-CP) - The Pittsburgh Penguins made it official Friday, signing No. 1 draft pick Sidney Crosby to a three-year deal that will pay him at least $850,000 US a season.[/B] Then they quietly slipped out a press release announcing that unrestricted free agent and part-owner Mario Lemieux had re-signed with the club. Crosby's contract includes performance bonuses that could push his earnings to $4 million per year. Crosby has been touted as potentially the league's greatest player since Lemieux. The rookie also figures to be the new lifeblood of a small-market franchise Lemieux has already resuscitated several times as a player and owner. The amount of Crosby's contract is a formality under the NHL's new collective bargaining agreement limiting first-year players to $850,000 in salary, including an $85,000 signing bonus. In order to earn the maximum under his contract, Crosby would have to win the rookie of the year, the Hart Trophy as the league's MVP or be the league's scoring leader to gain additional bonuses from the Penguins and the league. Details of Lemieux's contract were not disclosed, but the Penguins are well under the league's $39 million salary cap. In fact, they are closer to the league's minimum. The Penguins open training camp Tuesday with a week's worth of practice before moving camp to the arena of their minor-league affiliate in Wilkes-Barre. Crosby will make his NHL debut Oct. 5 - Lemieux's 40th birthday - at New Jersey. [/QUOTE]
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