lol, this place sucks now
Join Date: Dec 2001
Pens sign Crosby to 5 year extension
....and doesn't get greedy
This past season, his second in the league, he paced the NHL with 120 points and earned MVP accolades from his peers and the hockey media in the form of the Hart Trophy and Lester B. Pearson Award, respectively.
On the extension, he will receive a $5 million signing bonus and be paid $4,000,000 in 2008-09. He will then earn $9 million annually each of the following three seasons and $7.5 million in the final year (2012-13). In the final year of his entry-level deal, Crosby will earn $850,000 plus incentives.
Those numbers matter more to Crosby's agent, Pat Brisson, than they do the Penguins, who were more concerned with what the extension will cost against the salary cap -- $8.7 million annually.
Under terms of the collective bargaining agreement, Crosby could have held up the Penguins for an annual payment of $10.06 million, or 20 percent of this season's $50,300,000 salary cap.
Prior to negotiations, he promised the team he would not get greedy, and he lived up to those words.
"It was important to do what was right for everybody. I just tried to find that balance," said Crosby, insisting that he never felt pressure from the players' association to push for the maximum individual salary.
Finally someone that realizes that it is a team effort and that making the maximum money he can doesn't mean shit if he can't surround himself with talent along the way. I'm sure the Penguins couldn't get their pen on the paper fast enough when they agreed to figures.