Thursday, June 19, 2008

Rumors and Speculation

It's that time of the year when the media has nothing to talk about except what they think is going to happen in the draft and upcoming free agent period. Much speculation has occurred in the past few days surrounding Penguins Ryan Malone, Marian Hossa and Evgeni Malkin.

Malone: Penguins try to trade negotiating rights to Columbus so the Blue Jackets can sign Ryan before he becomes a free agent on July 1st. Media is reporting that the Penguins offered Malone an embarrassing 3.0 million contract for an undisclosed number of years. Malone says he will not negotiate with Columbus, or any organization, until after the free agent period begins.

Too hard to tell what is really going on here. Ryan deserves his big payday after setting a career high for goals this past season as well as his outstanding performance in the post season. Would Shero offer him a paltry salary to get him at a home town discount? Possibly. My guess it that Ryan wants to see what he can get on the open market with hopes that he can negotiate a better deal with the Pens. Would he be willing to leave a Stanley Cup Finalist for a last place team. That remains to be seen...

Hossa: The Pens reported have offered a seven year $50 million contract to Hossa. Except Hossa's agent, Rich Winter, says those rumors are way off base and that both he and the Penguins have agreed not to talk about any contract offers to the media.

So what does this really confirm? That negotiations are taking place and the Pens have made a significant offer to Hossa. The cash is probably somewhere in the ballpark - just because that is what Hossa expects to make. And he will surely allow a smaller contract to play for a winner than a team like, say, the Thrashers.

Malkin: I've saved the juiciest for last. Bruce Garrioch of Sun Media is reporting that the Pens are in negotiations with the Kings to trade Malkin for their #2 pick in this weekends draft and Kings center Mike Cammalleri.

If Shero is as committed to signing Hossa as it appears, that definately leaves little cap room to sign Malkin to a long term deal. The Kings are in need of a star of their own and Malkin would surely fit that bill. Malkins performance in the Finals was below expectations. Quite possibly Shero wants to avoid this type of letdown in the future and is willing to part with one of the best players on the planet for a chance to keep Hossa and get yet another high draft pick as well as a proven young center. Not such a bad thought process...

In other news - the Penguins have filed for salary arbitration with Marc Andre Fluery. While this does not come as a major surprise it is a bit strange. Fleury was outstanding in the playoffs and will be a Penguin for many years to come. And this certainly does not mean that they will even go to arbitration as there is more than a month remaining before that will happen and a contract can be signed before such time to avoid the confrontation. But salary arbitration always brings out the worst in between a player and a team. Will this hurt Marc Andre's confidence? Quite possibly. I believe that Shero will sign him to a long term extension before the arbitration judge ever hears the arguments. This is all about posturing between both parties and allows plenty of time to get a deal done.

As this is my first post since the Finals ended I would like to extend my thanks to all of my loyal readers for continuing to visit. Please surf back throughout the summer to get all of the team news as well as my reaction. Don't forget to visit Home of the Penguins advertisers!!

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