Marc Savard has officially been inked to a 7-year, $28.05 million contract extension beginning in 2010-11. The deal’s annual payouts according to both TSN and the Boston Globe are $7 million, $7 million, $6.5 million, $5 million, $1.5 million, $525,000, and $525,000. Total: $28.05 million.
By these figures, about 90% of deal paid in first 4 years. This is a solid signing for the Bruins, as Savard will still be making his money over the first four years. Savard will likely still be a top center in the league at that point.
At the start of the 2014-2015 season when the cap hit dives, Savard will be 37 and at the tail end. The Bruins can afford Savard into his twilight or buy him out at a very affordable rate.
The Bruins will hold a press conference at 11:15 a.m. on Wednesday to announce the Savard contract extension. Both General Manager, Peter Chiarelli and head coach, Claude Julien will attend the press conference. The press conference will air on NESN.
This is the start of a big week for the Bruins. The Bruins will play the Tampa Bay Lightning on Wednesday night before going to Montreal on Friday night. Also, Phil Kessel will make his return to the hub on Saturday night.
No comments:
Post a Comment