PITTSBURGH, PA - FILE: Sidney Crosby #87 of the Pittsburgh Penguins waits to take a face off against the Boston Bruins on December 5, 2011 at CONSOL Energy Center in Pittsburgh, Pennsylvania. It was reported that Sidney Crosby of the Pittsburgh Penguins is out indefinitely with concussion-like symptoms after a recurrence of the problems that sidelined him for more than 10 months earlier this year December 12, 2011. (Photo by Jamie Sabau/Getty Images)

Crosby Cashes In: Penguins Star Agrees To $104.4 Million Contract

Sidney Crosby has picked up his big pay day. The Penguins star will earn $8.7 million per year on his next contract, totaling $104.4 million over 12 years.

  • Live
3 Total Updates since June 6, 2012
  • Important 2
  • Updates 2
  • Articles 1
  • All Updates 3

Sidney Crosby Contract Worth $104.4 Million Over 12 Years

Sidney Crosby has been seeking a long-term deal worth in the neighborhood of nine-figures, and he has received just that. The Pittsburgh Penguins announced his contract extension on Thursday, and it's worth $104.4 million over 12 years. The deal will keep the 24-year-old Crosby locked up through the 2024-25 season, ensuring that he won't be leaving the team at any point during his prime. Under CBA rules, the deal can't be signed until July 1.

Team co-owners Mario Lemieux and Ron Burkle issued a joint statement on Crosby's extension.

"We are grateful for all that Sidney Crosby has done for our franchise since coming to Pittsburgh in 2005, both on and off the ice, and we look forward to having him in a Penguins uniform for the rest of his career. He is an excellent player and an even better person, and he is a great ambassador for the Penguins and for Pittsburgh."

Crosby's previous contract was set to expire at the end of the 2012-13 season. The deal doesn't carry a significant increase in cap hit for the Penguins, allowing them to move on to other business without serious financial constraints.

For more on Crosby and the Penguins, check out PensBurgh and SB Nation Pittsburgh. For more around the league, stay tuned to SB Nation's NHL hub.

Continue

Does Sidney Crosby Want A 7-Year Contract Extension From Penguins?

On Monday, we relayed a Pittsburgh Tribune-Review report which claimed Sidney Crosby was looking for a seven-year deal -- perhaps even 10 years or longer -- in his next contract. His current contract expires in July 2013 and the Penguins are expected to begin negotiations with their franchise player sooner than later. The Tribune-Review report stated:

Crosby's camp is seeking a lengthy deal, one the Penguins anticipate being at least seven years in term - possibly 10 or more. Crosby has said he does not expect any problems working out a new contract to remain with the Penguins.

That statement was picked up by several sources beyond SBNation.com, including Yahoo!'s Puck Daddy blog and NBC Sports' ProHockeyTalk.

But since the story was originally published Monday, the Tribune-Review has removed the portion of the story quoted above. Here's the story on the Trib website versus a cached version via Google for comparison. The only mention of Crosby in the altered story reads:

Shero confirmed to Trib Total Media in December that signing Sidney Crosby to a new contract is the team's top priority this summer.

So what's the real story? Did Crosby ask for a seven-year deal in his next contract? Was it fabricated by the Tribune-Review? We've reached out to both the sports editor at the paper and Crosby's agent Pat Brisson for comment and will report back when we hear more.

Continue
X
Log In Sign Up

forgot?
Log In Sign Up

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior users will need to choose a permanent username, along with a new password.

Your username will be used to login to SB Nation going forward.

I already have a Vox Media account!

Verify Vox Media account

Please login to your Vox Media account. This account will be linked to your previously existing Eater account.

Please choose a new SB Nation username and password

As part of the new SB Nation launch, prior MT authors will need to choose a new username and password.

Your username will be used to login to SB Nation going forward.

Forgot password?

We'll email you a reset link.

If you signed up using a 3rd party account like Facebook or Twitter, please login with it instead.

Forgot password?

Try another email?

Almost done,

By becoming a registered user, you are also agreeing to our Terms and confirming that you have read our Privacy Policy.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Join SBNation.com

You must be a member of SBNation.com to participate.

We have our own Community Guidelines at SBNation.com. You should read them.

Spinner.vc97ec6e

Authenticating

Great!

Choose an available username to complete sign up.

In order to provide our users with a better overall experience, we ask for more information from Facebook when using it to login so that we can learn more about our audience and provide you with the best possible experience. We do not store specific user data and the sharing of it is not required to login with Facebook.