Tag: contract extension

Kevin Klein

Predators extend Klein — five years, $14.5 million

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Kevin Klein’s big performance in the playoffs last season has paid off nicely for him.

The Predators announced they reached a five-year extension with the 27 year-old defenseman good for $14.5 million. That’s good for a cap hit of $2.9 million a year. Klein had been making $1.35 million a year against the cap on his last deal.

While he was a mostly unknown guy before the postseason, Klein’s performance in Nashville’s series win over Detroit in the playoffs put him on the map as he scored a goal in both Game 3 and Game 4, the latter a game-winner.

Now he’ll be counted on for bigger minutes and being one of the core guys on what’s a relatively young group of defensemen. With Shea Weber and Hal Gill already there, he’s got plenty of veteran help to lean on.

Bruins extend Lucic — three years, $18 million

Milan Lucic

The Bruins continued being the busiest team ahead of the lockout by handing out one more pricey contract extension.

This time around it’s Milan Lucic getting served, signing a three-year extension that Joe Haggerty of CSNNE.com reports is worth $18 million. To say Lucic isn’t worth that kind of scratch might be incorrect as the team seems to rally around his physical play and tough goal scoring ability.

After scoring 30 goals two seasons ago, Lucic followed that with 26 more last year. He also added a notch in his belt when he single-handedly sent the Sabres reeling when he collided with goalie Ryan Miller.

In the past eight days, the Bruins have locked up Lucic, Brad Marchand, and Tyler Seguin to new extensions totaling up to over $70 million. In case you didn’t know, B’s owner Jeremy Jacobs is one of the owners taking the lead in trying to get a new, more cost-effective CBA for the owners.

Bruins extend Tyler Seguin; Six years, $34.5 million

Milan Lucic, Tyler Seguin, David Krejci

Seguinistas everywhere can celebrate today.

The Bruins announced they’ve signed Tyler Seguin to a six-year extension worth $5.75 million per season, good for a total of $34.5 million over the course of the deal. Both the Bruins and Seguin wanted to get a deal done before the CBA expires on the 15th and pulled it off with a deal that works out to be a bit of a bargain compared to other deals finished recently.

Consider this: Taylor Hall and Jordan Eberle each got $6 million per season from the Edmonton Oilers (Hall for seven years, Eberle for six) with their extensions while Jeff Skinner’s deal with Carolina is virtually identical to Seguin’s. If nothing else, the bar was set for how to extend the deal of an up and coming NHL star.

Seguin had a breakout season last year scoring 29 goals and finishing the year with 67 points in just his second NHL season. After winning the Stanley Cup in his rookie season, he’s got a pretty charmed life going right now. Those speed dating events he’s doing should get a lot more popular now.

Lightning sign Teddy Purcell to a three-year extension worth $13.5 million

Teddy Purcell

After having a career year in 2011-12, Teddy Purcell is being rewarded by the Tampa Bay Lightning.

The team announced they’ve signed Purcell to a three-year extension. He’s currently got one more year left on his current contract so his new deal will take him through the 2015-16 season. Renaud Lavoie from RDS reports the extension is worth $4.5 million per season, good for a total of $13.5 million.

Purcell finished last season with 24 goals and 41 assists for a career-high 65 points and has emerged as a solid complementary piece alongside Steve Stamkos and Martin St. Louis. Purcell was originally a member of the L.A. Kings but was traded in 2010 for Jeff Halpern. The Kings might want a do-over on that one as Purcell has evolved into a solid scorer and set-up man.

GM Dale Tallon inks multi-year extension with Panthers

Dale Tallon, Jonathan Huberdeau

One of the men responsible for putting the Panthers back in the playoffs is getting rewarded for his efforts.

General Manager Dale Tallon signed a multi-year extension with the team today to continue his reign in South Florida. Tallon says he’s happy to stay in town and keep working on bringing the Panthers into respectability.

“I’m excited,” said Tallon Wednesday. “This is a great opportunity to keep the franchise on the right path. We had a good season and I just want to build on this past season the next couple of years.”

While Tallon assembled a team loaded with veterans to make their run into the playoffs this season, the future is very bright in Florida. According to prospect site Hockey’s Future, the Panthers have the top collection of prospects in the league. Being bad for a long time is only good if you can draft right and the Panthers appear to have done that. Tallon’s job might not be quite so hard in the years to come.