Pennsylvania Notes: Crosby, Drysdale, Bernard, Sedley
Penguins fans are still waiting on confirmation that Sidney Crosby has signed an extension. Early last month, Rob Rossi of The Athletic reported that a three-year deal in the $10MM AAV range was close to being finalized, but nothing came across the wire. Speculation then ran rampant that he might ink a deal to keep him in Pittsburgh past this season on his birthday, Aug. 7, but that date also came and went without any news.
It’s a situation that has the potential to cast a dark cloud over the Penguins’ season if Crosby remains without a new contract when training camp begins, Josh Yohe of The Athletic writes. “This isn’t good for ticket sales,” Yohe opines. “It’s not good for corporate sponsorships. That lack of buzz around the Penguins right now is deafening, but it grows a little louder every day that passes without Crosby signing a new deal. He’s the Penguins’ heartbeat. He keeps the organization financially stable.”
Aside from the lack of any recent news, there’s no real indication that the relationship between Crosby’s camp and the Penguins’ front office, led by general manager Kyle Dubas, has fractured in the slightest. Both sides have still maintained constant public messaging that signing an extension is their top priority. The 37-year-old is still the team’s most impactful player by a wide margin, coming off a 42-goal, 94-point season in 2023-24.
More notes out of the Keystone State:
- The Flyers are entering their first full season with defenseman Jamie Drysdale in tow. The 22-year-old defenseman was one half of a blockbuster swap with the Ducks last January, heading to Philly in exchange for the signing rights to 2022 fifth-overall pick Cutter Gauthier. After again struggling to stay in the lineup last season due to injuries, Drysdale enters a make-or-break 2024-25 campaign that will likely set the tone for the rest of his tenure with the Flyers, Charlie O’Connor of PHLY Sports writes (subscription required).
- The Flyers’ AHL affiliate, the Lehigh Valley Phantoms, have signed Xavier Bernard and Sam Sedley to contracts for the 2024-25 campaign, per a team announcement. Bernard, 24, was a fourth-round pick of the Devils in 2018 but never signed his entry-level contract. He’s spent the past few seasons bouncing between the AHL and ECHL, most recently in the Oilers organization with the Bakersfield Condors and Fort Wayne Komets. He spent nearly all of 2023-24 in the ECHL with Fort Wayne, where the 6’4″ left-shot had 16 points, 92 PIMs and a +23 rating in 64 games. Sedley, meanwhile, is entering his first professional season after five years with the OHL’s Owen Sound Attack. The 21-year-old had been invited to multiple Flyers rookie camps in the past. The diminutive right-shot defender led Owen Sound defensemen in scoring last year with 63 points in 64 games.
Poll: What Will Crosby’s Next Contract Look Like?
Although the Pittsburgh Penguins have experienced major disappointment over the last two years by failing to make the Stanley Cup playoffs, nobody is blaming Sidney Crosby. He has arguably been one of the more underrated players over the last couple of seasons by securing back-to-back 90+ point totals without having much of a supporting cast.
By nearly willing his team to the playoffs and being the organization’s lifeblood, one of the major talking points surrounding the Penguins is Crosby’s upcoming extension. There was some speculation that Crosby would sign yesterday on his birthday but ultimately that never came to fruition.
He’s surely set to increase his $8.7MM salary from the last 11 years but how much higher will he go? Will he look to get the money he has earned or take a hometown discount so that Pittsburgh has the flexibility to upgrade the players around him?
Evolving Hockey currently projects Crosby to land a three-year extension worth an AAV of $10.8MM. Given his inherent value to the organization, Crosby should easily be able to land a similar salary if not more. Given that his longevity in the league is becoming more and more apparent with each passing year, Crosby could reasonably ask for a five-year, $60MM contract from the only team he’s ever played for.
Nevertheless, regardless of what he has earned, the main question still stands. Will Crosby look for a high-salary deal to get the payday he has earned for so many years, or take another hometown discount so the Penguins are better set up for success?
What Will Crosby's Next Contract Look Like?
-
$8MM-$10MM 64% (653)
-
$10MM-$12MM 30% (310)
-
$12MM-$14MM 6% (63)
Total votes: 1,026
Penguins Notes: Crosby, Malkin, Werner
Sidney Crosby’s 37th birthday came and went without a contract extension, which was always the plan according to Rob Rossi of The Athletic. Many believed Crosby would be extended on August 7th due to his superstitious nature, however, the 19-year veteran remains without a contract past next season.
Rossi’s league sources have informed him that the Penguins and Crosby remain on the same page when it comes to his new deal and the team is confident that they will reach a new agreement. Rossi also notes that Crosby has reportedly told those close to him that he plans to re-sign with Pittsburgh and that his priority this summer has been on his training for next season.
In other Penguins notes:
- Rossi also squashed a rumor from earlier in the week that Penguins center Evgeni Malkin intended to retire from the NHL after next season and forgo the last year of his four-year contract. Malkin told Rossi that he hasn’t given any thought to retiring a year early and intends to play out the final two years of his contract. The 38-year-old is coming off the worst offensive season of his 18-year career but spent most of last year saddled with replacement-level wingers. Malkin managed to dress in all 82 regular season games for the second consecutive season and posted 27 goals and 40 assists while averaging 18:35 of ice time per game.
- Teddy Werner will move into Dave Beeston’s role with the Penguins as alternate governor after Beeston’s departure from the Fenway Sports Group (as per Rossi). Beeston’s exit left the Penguins without a liaison to their ownership group and the senior vice president for Fenway Sports Management will fill in the role that had been occupied by Beeston for the past two years. Werner is the son of FSG chairman Tom Werner and has previously worked in Major League Baseball with the Milwaukee Brewers.
Latest On Sidney Crosby Contract Negotiations
Most teams don’t have franchise-defining moments in the first week of August, but as Jason Mackey of Pittsburgh Post-Gazette writes, that could happen to the Pittsburgh Penguins tomorrow. August 7th is Sidney Crosby’s 37th birthday and Mackey wonders if it might be the day that Crosby signs his long-awaited contract extension with the Pittsburgh Penguins. Crosby has been notoriously superstitious throughout his career when it comes to the number 87, carrying an $8.7MM cap hit since the 2008-09 season and wearing number 87 for his entire career. Many in Pittsburgh believe he will sign a new deal tomorrow on 8/7, but it’s fair to wonder what will happen to the team if he doesn’t.
Rob Rossi of The Athletic wrote last week that both sides left negotiations in July feeling comfortable enough that a deal was close and cited sources on both sides of the talks. By all accounts, a deal seems to be close, but as the summer drags on, Penguins fans are becoming more uncomfortable with the extended timeline, and as Mackey points out, tomorrow passing without a contract announcement will surely put fans into panic mode.
Dan Kingerski of Pittsburgh Hockey Now writes that there are no updates from his sources on negotiations, but also takes a balanced approach to breaking down the situation. Noting Crosby’s desire to wear one jersey for his entire career as his mentor Mario Lemieux once did for these very same Penguins. Crosby’s childhood hero Steve Yzerman also only wore one NHL jersey, and Crosby has always stated publicly that it means a lot to him to do the same.
Mark Madden of 105.9 The X and TribLive believes Crosby will sign, but he asked the question this week that many Penguins fans are scared to answer. What if Crosby doesn’t sign an extension tomorrow? It would be a scary reality for Penguins fans to face, the Penguins have pivoted to a retool and don’t have much in the pipeline to look forward to. If Crosby was to leave Pittsburgh, it would mean they are locked into many overpriced long-term deals, with a poor farm system and not much hope at the NHL level.
However, that moment isn’t yet a reality, and given Crosby’s superstitious nature and desire to remain in Pittsburgh, it is a reality they may not have to face until he retires.
Snapshots: MHL, Arbitration, ESPN
The KHL will be testing a new backcourt violation rule in their junior hockey league, the MHL (Twitter link). The rule that will come into effect for the 2024-25 season will forbid players from skating the puck back to their side of center in overtime more than one time. A first violation will cause a stoppage in play and the team guilty of the backcourt violation will see a faceoff occur in their defensive zone. Any additional violation in overtime will cause a minor penalty to be called.
The trial run will be interesting to watch as there have been calls for this type of rule in North America, although no change to the rule is pending. NHL clubs have been utilizing their defensive zone in recent years as a reset during overtime and it has made 3 on 3 overtime in the NHL far less exciting than it was when it was first introduced.
In other news from around the hockey world:
- David Alter of The Hockey News is reporting that the NHLPA has taken a new approach to arbitration hearings, opting not to release a full schedule ahead of the hearings. The news makes sense given that very little information is available about the scheduled hearings and they will begin tomorrow. The pivot means that fans won’t know about the time and date of hearings until an arbitrator has decided the outcome or the team and player have settled before arbitration. Arbitration can be contentious between teams and their players and might be something that is looked at the next time the NHL and NHLPA renegotiate the collective bargaining agreement.
- ESPN released a list ranking the top 100 professional athletes of this century. The list was largely absent of hockey players but there were a handful that made the cut. It isn’t shocking to see so few players on their list but keep in mind that this is the network that owns a lot of NHL distribution rights and streaming rights at the moment. Pittsburgh Penguins center Sidney Crosby topped this list for hockey players, finishing 22nd, while Washington Capitals forward Alex Ovechkin was 54th, and Edmonton Oilers superstar Connor McDavid finished a shocking 98th.
Penguins, Sidney Crosby Making Progress On Extension
After beginning formal extension discussions late last month, the Penguins are close to keeping their franchise cornerstone in the mix for a few more years. Sources tell The Athletic’s Rob Rossi that Pittsburgh should formalize an extension for captain Sidney Crosby in the coming days. The three-time Stanley Cup champion could earn an AAV as high as $10MM on a three-year deal, Rossi indicated back in April.
Crosby, 37 next month, is coming off arguably his best season in quite some time. Over his 19 seasons in Pittsburgh, he’s passed the 40-goal mark three times – including last year. He placed top 10 in Hart Trophy voting for first time since 2021 and top 10 in Selke Trophy balloting as well for the first time since falling just short of being a finalist in 2019. He hasn’t hit the century mark in points since 2018-19, but he did still churn out 42 goals and 52 assists for 94 points while playing in all 82 games for the second straight season – the first time he’s done that – to lead the Pens in every offensive category by a wide margin.
The all-time great is entering the final season of a 12-year, $104.4MM extension signed immediately upon becoming eligible for one in 2012, a deal that’s seen him play the healthiest hockey of his career. The 5’11” pivot missed a good chunk of what would have been his prime seasons due to concussions, playing only 99 out of 212 regular season games between the 2010-11 and 2012-13 seasons. Since then, injuries have held him out for more than 10 games in a campaign only twice.
The sooner a deal gets signed, the sooner speculation quiets down that Crosby may finish his career anywhere else than Pittsburgh. That’s one of the primary reasons for getting an extension done early this summer, as a league and team source told Rossi that the pending deal is viewed as “a commitment to Pittsburgh” by both Crosby and the Pens’ front office, led by general manager Kyle Dubas.
A cap hit starting with a 10 would be the richest of Crosby’s career, which may seem puzzling as he ages, but it’s likely fair value considering their inability to frontload a new deal as they did with his previous extension, which only paid him $3MM in actual salary in each of the past two seasons and will do so again this year. It’s right in line with his market value, too – Evolving Hockey projects a three-year, $10.82MM AAV deal for Sid the Kid if he inks an extension this month. A full no-move clause, as he had for all 12 seasons of his previous deal, should be expected.
Crosby’s extension won’t quite fall under the same rules as a normal contract. He’ll be given a 35+ contract due to his age, which prevents the Pens from reducing his cap hit by giving him a signing bonus in the second or third season or otherwise front-loading the contract with salary.
Multi-year 35+ contracts aren’t all that common solely because of a player’s age, but they do happen. Former Stars defenseman Ryan Suter is a recent example, inking a four-year deal that was actually backloaded, paying him more salary in the last two years of the deal than in the first two years. That allowed the cap hit to be calculated as normal, equating to the actual average annual value of the contract ($3.65MM). It also allowed them to buy out Suter this offseason and actually receive a cap benefit from doing so. Expect Crosby’s deal to carry a similar backloaded structure or award him even compensation across all three years.
As for the Pens’ roster construction, getting cost certainty on a Crosby extension is imperative for Dubas as he attempts to retool on the fly and get Pittsburgh back to playoff contention in his captain’s final few seasons. They’ve missed the postseason for two years in a row, their first time missing the playoffs in the Crosby era since his 2005-06 rookie season.
[RELATED: Penguins Options To Play On Sidney Crosby’s Line]
With Matthew Nieto expected to start 2024-25 on long-term injured reserve while he recovers from knee surgery, giving Dubas $4.42MM in cap space left to work with this summer – for now. While they’ve had some turnover among their depth defensemen and forwards, they’re expected to run it back with the same top-six forward group and top-four defenders that they ended 2023-24 with. The Penguins are hoping those additions, which include Anthony Beauvillier, Matt Grzelcyk and Kevin Hayes, are enough to make up the three-point gap that kept them out of a wild-card spot in the East last season.
Image courtesy of USA Today Sports.
Penguins Options To Play On Sidney Crosby’s Line
The Pittsburgh Penguins reportedly took a swing at acquiring veteran free agent winger Vladimir Tarasenko to play in their top-six forward group alongside Sidney Crosby but lost out on his services to the Detroit Red Wings. Tarasenko signed a two-year $9.5MM deal with the Red Wings and the Penguins’ interest indicates that they aren’t satisfied with their top two lines as they head into what is likely to be a transitional season for the franchise. The Penguins have Bryan Rust, Rickard Rakell, and Michael Bunting returning next season and finished last season with youngster Drew O’Connor replacing Jake Guentzel on the top line as Crosby’s left winger.
O’Connor played well for the Penguins, but he would be better served as a third liner in an ideal world. But given the Penguins’ lack of cap space, and apparent eye towards the future, none of their options will be ideal, but they do have some options when it comes to Crosby’s left winger next season.
Trade Options
Nikolaj Ehlers: Ehlers hasn’t been given an opportunity to be a top-line player with the Winnipeg Jets despite being one of their most effective players. He is the type of player that has thrived with Crosby historically, as he has high-end skill, is a high-level thinker, and is very deceptive and skilled at finding open space. The issue with Ehlers is that he is a year from free agency and the price tag to acquire him will be far too high for the Penguins’ taste given their apparent pivot to acquiring draft picks and younger players. Murat Ates of The Athletic reported a few weeks ago that Ehlers isn’t likely to extend in Winnipeg but given his age and recent injury history, it’s hard to imagine the Penguins acquiring and extending him long-term.
Patrik Laine: The 26-year-old has fallen on hard times in recent years with the Columbus Blue Jackets but remains an intriguing option on the trade market. Laine is a former second-overall pick who has dealt with injuries in recent seasons but can still score when he is healthy. The Tampere, Finland native was a point-a-game player from 2021-23 but had just nine points in 18 games last season. While the drop in offensive production is alarming, Laine averaged almost four minutes less per game in ice time and wasn’t playing with a skilled center. That being said, his injury issues are a concern and could reduce the cost of acquiring him from Columbus. Laine is a liability defensively and doesn’t necessarily compete on every shift, however, if he were to play on the Penguins’ top line, he would be the best pure goal scorer that Crosby has ever played with.
Unrestricted Free Agent Options
Max Pacioretty: The 35-year-old Pacioretty is well removed from his days as a perennial 30-goal scorer as injuries and the aging curve have slowed down his production. Last year he dressed in 47 games tallying four goals and 19 assists while registering a -14. Pacioretty’s offensive numbers don’t look terrible at first glance, however, nearly half his points came on the power play as he tallied just two goals and 10 assists at even strength. Pacioretty won’t be expensive to sign on a one-year deal, but he hasn’t played more than 47 games in three seasons and his body likely wouldn’t be able to withstand the stress of playing almost 20 minutes a night next to Crosby.
James van Riemsdyk: van Riemsdyk is another former 30-goal scorer on the wrong side of 35 but is coming off a decent offensive season with the Boston Bruins. The Middletown, New Jersey native posted 11 goals and 27 assists last season in 71 games and wasn’t a burden on his teammates. The former second overall pick doesn’t have the pace to play in the top six anymore and would likely be a non-factor in transition which would be a big problem playing with Crosby. JVR could work on the Penguins’ power play and would give the team a net-front presence that they’ve lacked since trading Patric Hornqvist in 2020, however, he might not be physical enough at this point to be effective in the role. At this stage of his career, van Riemsdyk is best served as a fourth-line winger, something the Penguins have more than enough of.
Internal Options
Drew O’Connor: is coming off a career year in which he posted 16 goals and 17 assists in 79 games (all career highs). While those numbers aren’t earth-shattering, they are a remarkable improvement on his previous career year in 2022-23 when he posted just five goals and six assists in 46 games. O’Connor is not a pure offensive player and doesn’t possess strong passing skills or a great, however, he is fast and physical and plays a smart game. All traits they were possessed by one of Crosby’s former long-time wingers Chris Kunitz. O’Connor might be the easiest option for Pittsburgh to slide in alongside Crosby and might be the one they have to use if they don’t facilitate another transaction.
Brayden Yager: Pittsburgh’s 2023 first-round pick (14th overall) is coming off an incredible season with the WHL’s Moose Jaw Warriors in which he posted 35 goals and 60 assists in 57 games. He is likely a season or two away from being ready for the NHL, but the Penguins might opt to give him a nine-game audition to see what they have in the youngster. Yager is a sneaky good shooter and is excellent at taking passes in his shooting pocket, allowing him to fire off shots quickly and accurately. If he can show in training camp that he deserves a longer look he could play his way onto Crosby’s wing for at least a few games if not longer.
Crosby’s Next Winger
The Penguins had issues finding Crosby a linemate early in his career but eventually found a perfect match with Jake Guentzel. Now with Guentzel signed long-term in Tampa Bay, the Penguins are tasked with finding new linemates for Crosby in what will be the final stretch of his NHL career. While all of the options above present some downside, the Penguins are unlikely to find another Guentzel-like player and will need to make some type of concession heading into next season while keeping an eye on the future.
Extension Notes: Crosby, Faber, Reilly
Hoping to keep extension discussions away from the media, Seth Rorabaugh of Tribune-Review Sports reported earlier that the General Manager of the Pittsburgh Penguins, Kyle Dubas, has begun extension negotiations with Sidney Crosby. There have been no rumblings on any specific terms between the two sides but the contract is at least expected to keep Crosby in Pittsburgh until his retirement.
It will be the first time in over a decade that Crosby has had to negotiate a contract as he’s entering the final year of a 12-year $104.4MM contract signed in Pittsburgh only three years after the Penguins defeated the Detroit Red Wings in the 2009 Stanley Cup Final. Averaging a sentimental $8.7MM salary for each year of the deal, it has arguably been one of the best-value contracts in league history.
Over the life of the contract, Crosby has scored 354 goals and 931 points in 802 regular season games while winning two Stanley Cups, two Conn Smythe trophies, one Hart Memorial Trophy, one Ted Lindsay Award, and one Art Ross Trophy. Entering his age 37 season, Crosby may be looking for a three- or four-year agreement with the Penguins that could see an AAV near or above $10MM a year.
Other extension notes:
- Michael Russo of The Athletic reports the Minnesota Wild and rookie defenseman Brock Faber are expected to meet today to begin contract negotiations. Faber will enter the final year of his entry-level contract during the 2024-25 NHL season but is extension eligible on July 1st. There is no doubt that Faber is a player to invest in as the University of Minnesota product finished second in Calder Trophy voting this past season. Averaging nearly 25 minutes a night for the Wild, Faber scored eight goals and 47 points while playing in all 82 games and proved to be an effective quarterback on Minnesota’s powerplay.
- Another product of the University of Minnesota is looking to sign a contract extension with his current team. Stefen Rosner of The Hockey News reports that the New York Islanders are working on an extension with defenseman Mike Reilly. After receiving little to no ice time with the Florida Panthers, Reilly was eventually claimed off waivers by the Islanders and gained the opportunity to make a significant impact. In 59 games after the waiver claim, Reilly scored six goals and 24 points in New York while also picking up some time on the powerplay. As the Islanders dealt with numerous injuries to their blue line last season, Reilly represents a capable depth option that can play in nearly any situation.
Penguins GM Kyle Dubas Discusses Offseason Plans
Last offseason was an eventful one for Penguins President and GM Kyle Dubas. He wound up losing his job in Toronto only to be hired by Pittsburgh soon after. Meanwhile, a search for a GM resulted in Dubas simply removing the interim tag from himself.
On the ice, the Penguins were active both on the trade front and free agency. They added Erik Karlsson in a three-way deal with San Jose and Montreal and Reilly Smith from Vegas on the draft front while adding Ryan Graves, Alex Nedeljkovic, and Lars Eller (among others) on the open market. But the end result wasn’t an improvement in the standings as they finished fifth in the Metropolitan Division for the second straight year and missed the playoffs.
This time around, it appears the Penguins will be taking a different approach to their summer activity. Dubas told NHL.com’s Adam Kimelman that the priority will be replenishing their younger assets:
The major focus for us is on right now acquiring as many young players, as many prospects and as many draft picks as we can to try to infuse the team with really good young talent, young players and then have that stocked up for the future as well and attempt to get us back into contention as quickly as we can.
The stated goal of trying to get younger should come as no surprise. After all, the Penguins had the highest average age of any NHL team in 2023-24. But it also then stands to reason that Dubas might not be as aggressive when it comes to adding veteran win-now pieces. Per CapFriendly, they have a little under $13MM in cap room and if prospect Joel Blomqvist ultimately replaces Nedeljkovic (a pending UFA), they won’t have any key free agents of note to contend with; there will be room to add pieces as a result.
In that scenario, it wouldn’t be surprising to see Dubas look to some of the younger options on the open market such as Jake DeBrusk or Anthony Duclair, players who can help the team but are still a few years younger than the average age of the team to help them get a little younger and quicker.
Meanwhile, one of the other items on their summer to-do list will be working on an extension for Sidney Crosby. Dubas had this to say about getting his captain extended:
The key for us is, because of the importance of it and how much Sid means to the organization and the city, we want to keep that as quiet as possible and go through it. And then hopefully as we get through this summer, get a sense where everybody’s at and then let everybody know at the right time.
The 36-year-old has been Pittsburgh’s franchise forward since he was selected first overall back in 2025. He has averaged more than a point per game in all 19 NHL seasons, tying Wayne Gretzky’s NHL record while Crosby now sits tenth in all-time scoring. He has carried a cap hit of $8.7MM since the 2008-09 season and with how he has played since then, there’s a case to be made that he could get that much or more on an extension.
The length of the deal will ultimately dictate what happens on that front as it’s quite possible that Pittsburgh could do what they did with mainstays Evgeni Malkin and Kris Letang when their deals were up, giving them a longer term than expected in an effort to keep the cap hits down. One way or the other, it seems quite likely that a new deal for Crosby will get done at some point this summer.
Penguins, Sidney Crosby To Discuss Extension This Summer
With the Penguins missing the playoffs for the second straight year and the team potentially heading for some sort of reset, some have wondered if they could consider parting with franchise icon Sidney Crosby. However, speaking with reporters today including Justin Guerriero of the Pittsburgh Tribune-Review, the captain certainly isn’t thinking like that, indicating that he expects to have talks about a contract extension this summer.
It will be the first time in quite a while that Crosby will be discussing a new deal. He’s about to enter the final year of a 12-year agreement signed back in 2012. That contract, with a term and a back-diving structure that is now illegal throughout the league, carries an $8.7MM AAV, the price tag he has had every year since the 2008-09 campaign.
In some ways, not a lot has changed over those years. Crosby has produced over a point per game in each of his 19 NHL campaigns, routinely leading the Penguins in scoring. Even this season, Crosby had the third-highest goal total of his career (42) along with his highest point total (94) since the 2018-19 campaign. Suffice it to say, those are impressive numbers, especially for a 36-year-old.
Many players Crosby’s age use their performance as a barometer for when the time might be right to hang up the skates but that isn’t necessarily the case for the captain:
I’ve always just gone year to year, and that’s always served me well as far as how I evaluate my game and that sort of thing. There’s always a lot of factors, but I think that’s separate from talking contracts and, at my age and things like that, there’ll be a lot of factors. But as far as just evaluating my game, I don’t look any differently at how much longer I can play based off that.
Crosby can’t sign his next contract until July 1st as players must be in the final year of their existing deal before becoming extension-eligible. While the Penguins certainly need to start to make their core younger, they’d be taking a big step back if they can’t reach a new deal with him. That said, given how smoothly talks have gone in the past, it definitely wouldn’t be surprising if an agreement wasn’t in place at some point in the summer.