NHL Notes: Pens ink Crosby to lengthy extension
Sid the Kid is sticking around.
The Pittsburgh Penguins and superstar center Sidney Crosby have agreed to a 12-year contract extension Thursday that leaves little doubt Crosby has overcome the concussion-like symptoms that sidelined him for most of the last two seasons.
The deal keeps the 24-year-old Crosby in Pittsburgh through 2025 and gives the team some room to play in the free-agent market. Crosby, whose previous deal was set to expire next summer, will be paid around $8.7 million a season. Crosby will officially sign the extension on Sunday.
Crosby has played in just 28 games in the last 18 months after sustaining a concussion in the Winter Classic against the Washington Capitals in January, 2011. Crosby finished with eight goals and 29 assists last season and added three goals in a first-round playoff loss to Philadelphia.
New cap set
The NHL salary cap is going up, allowing teams to spend about $6 million more on players this season.
Before opening labor talks, the league and the NHL Players' Association announced the cap has been set at $70.2 million. That's a significant jump from last year's cap of $64.3 million, and continues the trend of increases since the cap system was established in 2005.
The minimum teams can spend on payroll is also rising, going up from $48 million to $54.2 million.
The announcement comes as the league prepares to open its free-agency period Sunday.
It's unclear what effect labor talks will have on the salary cap. The two sides are opening talks this week in a bid to reach a new deal before the current CBA expires Sept. 15.©2012 by STATS LLC and Associated Press. Any commercial use or distribution without the express written consent of STATS LLC and Associated Press is strictly prohibited.