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And where exactly are they getting the money?

July 9 2004 at 1:00 PM

Willow  (Login Jagr4Life)
Member

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Recchi signs three-year deal with Penguins

July 9, 2004

PITTSBURGH (AP) -- Seven-time All-Star Mark Recchi signed a three-year contract with the Pittsburgh Penguins on Friday, returning to the city where he started his pro career 16 years ago.

Recchi led Philadelphia in goals, assists and points last season, helping the Flyers reach the Eastern Conference finals. He scored 20 goals or more in each of the last five seasons.

Recchi's agent, Rick Curran, wouldn't provide details on the contract, but said the right wing is ``absolutely delighted'' to be in Pittsburgh, where he has kept a home for several years.

Recchi became an unrestricted free agent July 1. Flyers general manager Bob Clarke had said he wouldn't attempt to sign Recchi until there was a collective bargaining agreement in place.

Recchi had 252 points with the Penguins from 1988-92. He led the team in scoring during 1990-91, and, in 24 playoff games that season, had 34 points as the Penguins clinched their first Stanley Cup.

Recchi was later traded to the Flyers and played for the Canadiens from 1995-99, before being traded back to the Flyers that year.

1)This team let go Hedberg & Straka because they cost too much;no dollar signs mentioned.Is a) Mark playing for the league minimum,or b)is Mario closer to actual retirement,freeing up some cash?

2)Is this a prep for Recchi's retirement...as a Pen?

 



7/11/01-1/23/03.
"This is America! And in America, if something sucks, you're supposed to be able to get your money back."-Stan Marsh
"Say what again! Say what again! I dare ya. I double dare ya mutha*****! Say what one more goddamn time!"-from "Pulp Fiction"
I'm the Weeping Willow,and I approve of this post.



    
This message has been edited by Mehdi_Caps on Jul 9, 2004 1:58 PM
This message has been edited by Mehdi_Caps on Jul 9, 2004 1:57 PM


 
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(Login 66allworld)

Re: And where exactly are they getting the money?

July 9 2004, 1:50 PM 

...They dumped most of their previous salary in preparation for the lockout. They won't have to pay Recchi until afterwards. And by then, Mario Lemieux will be the proud owner of Pittsburgh's slots license.

If the Penguins indeed remain in Pittsburgh three years from now, it's very possible that they'd end up being one of the sport's most comfortable teams, financially.

Also, the deal is three years at $3 million per year. I believe the last year is an option.



    
This message has been edited by 66allworld on Jul 9, 2004 1:48 PM
This message has been edited by 66allworld on Jul 9, 2004 1:47 PM


 
 
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