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Report- Datsyuk Signs With Wings

by Paul on 04/06/07 at 10:15 AM ET
Comments (5)

Radio station WDFN in Detroit is reporting Pavel Datsyuk has signed an extension with the Wings.
Art Regner, who is now a part-timer with DFN, called in the news.

update 11:27am, Wings holding a 1:00pm press conference.

update 12:44pm, via TSN,

The contract is believed to be a six or seven year agreement that will pay Datsyuk between $6 and 7 million per season.

update 1:31pm, via the AP,

“Everyone in the organization wanted him to stay with us,” said team owner Mike Ilitch.
Ilitch singled out longtime captain and current team executive Steve Yzerman for his insistence that the Red Wings’ management retain Datsyuk.
“We felt it was extremely important to lock this player up for as long as we can,” Yzerman said at an afternoon news conference at Joe Louis Arena.
“This contract was extremely important to me,” Datsyuk said. “Especially since I have been a Red Wing since 2001.”

update 3:38pm, per TSN, $46.9-million, seven-year deal

Filed in: Detroit Red Wings | KK Hockey | Permalink
 

Comments

Wow, some potentially good news regarding the Wings!  YAY!  I needed that today.  It is snowing and frigid here today in Colorado.

Posted by hockeychic on 04/06/07 at 10:35 AM ET

Gee, Brett Hull must have been getting his info from a certain website…

Posted by Mike Chen on 04/06/07 at 10:37 AM ET

Ha Mike, you got that one right!

Posted by Paul from Motown Area on 04/06/07 at 10:58 AM ET

The contract is believed to be a six or seven year agreement that will pay Datsyuk between $6 and 7 million per season.

If that’s base-value and not incentive-laden, then the only thing I can think of is Holland is playing “futures trader”—hedging his bet that the salary cap will continue to rise significantly over the term of the deal, bringing dollars from Ilitch’s bottomless piggy bank into play again.

Either that or because Holland is getting such a bargain on Zetterberg’s contract, which runs through 2008-09 at “only” $2.65mm, he’s looking at it from a combined bang-for-the-buck standpoint.

Posted by O-Joe on 04/06/07 at 12:30 PM ET

Base value, no incentives (there are no more “attainable bonuses” clauses for players who are neither rookies nor 35+). 

It’s a solid deal.  Datsyuk remains a Red Wing until he’s 35, Hank’s salary definitely offsets the first few years of the deal, and if the cap does go up, as it’s assumed, Pavel is locked in at a level the Red Wings can afford.

Posted by George Malik from South Lyon, MI on 04/06/07 at 01:36 PM ET

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