Sidney Crosby signs extension worth over $100 million
The Pittsburgh Penguins and Sidney Crosby have agreed to terms on a 12-year, $104.4 million contract extension, with a cap hit of $8.7 million, the team announced.
As part of the Collective Bargaining Agreement, the new deal cannot be signed until July 1.
With this deal, Crosby will own the third contract over $100 million in the NHL. He will join Ilya Kovalchuk and his 15-year $100 million deal, and Alex Ovechkin and his 13-year $124 million deal.
The contract will not kick in until the 2013-14 season, as Crosby still has one year left on his current contract with a cap hit of $8.7 million per season.
Crosby has struggled with head and neck injuries recently, allowing him to only play 63 regular season games in the last two seasons. Still, at just 24 years old, Crosby's track record speaks for itself.
In 434 games, the former first overall draft pick owns a 1.40 points per game average, with 609 points (223 goals, 386 assists). Crosby's trophy case already contains a Stanley Cup, Olympic Gold medal, Hart Trophy, Art Ross Trophy, Rocket Richard Trophy, and many more.