Pittsburgh Penguins manager Ray Shero is expected to meet with Kris Letang's agent Kent Hughes on Wednesday, according to Pierre LeBrun of ESPN.
Kris Letang’s agent to meet with Ray Shero on Wednesday
The defenseman’s future with the Penguins could be decided on Wednesday, as his agent is scheduled to meet with manager Ray Shero.
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Hughes and Shero were expected to meet given that the 26-year-old defenseman has one year remaining on his contract and will become an unrestricted free agent next summer. By most accounts, the quality of the meeting could determine whether Letang has played his final game in a Penguins uniform.
Previous reports have indicated that Letang is seeking a $7 million annual average salary over the length of a deal lasting five to eight years, with his preference leaning toward an eight-year deal with a no-movement clause. Rob Rossi of the Pittsburgh Tribune-Review writes that Pittsburgh is seemingly in a position to offer Letang a $6 million annual salary with a limited movement clause.
Letang is entering the final-year of a four-year, $14 million contract that carries an annual average value of $3.5 million against the salary cap. His current contract does not include any kind of movement protection. With this in mind, Shero would seemingly look to trade Letang in the event that an extension can't be negotiated. This was the case with forward Jordan Staal at last summer's draft.
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