Letang Signs a 3-Year, $2.51M Deal with the Penguins

Kris Letang

signing age19

posRD

Team

Pittsburgh Penguins

Ray Shero

Cap Hit

$835,000$835K

Term

3 years

Total Value

$2,505,000$2.51M

% of Cap

1.9%

Expiry Status

RFA 2010 age 23

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Contract Breakdown

Kris Letang signed a 3 year, $2,505,000 contract with the Pittsburgh Penguins on Oct 2, 2006. The contract has a cap hit of $835,000 and expires at the end of the 2009-10 season.

Abbreviated $Amounts

	2006-07	2007-08	2008-09	2009-10	2010
Cap Hit	$638,333$638K	$623,333$623K	$623,333$623K	$623,333$623K	RFAage 23
AAV	$850,000$850K	$835,000$835K	$835,000$835K	$835,000$835K
Base	-	$475,000$475K	$600,000$600K	$625,000$625K
Performance Bonuses	-	$290,000$290K	$165,000$165K	$180,000$180K
Signing Bonuses	$85,000$85K	$85,000$85K	$85,000$85K	-
Total Salary	-	$560,000$560K	$685,000$685K	$625,000$625K
Minors Salary	-	$62,500$63K	$62,500$63K	$62,500$63K
Clauses
Year Type	RFA	RFA	RFA	RFA
UFA Year
Slide Year