Blog Entry

Predators re-sign Sergei Kostitsyn

Posted on: July 8, 2011 12:41 pm
Edited on: July 8, 2011 3:41 pm
 
By: Adam Gretz

Entering Friday the Nashville Predators were one of seven teams that still needed to reach the NHL's salary cap floor of $48.3 million. The team inched closer to that figure Thursday by signing four of their restricted free agents (Cal O'Reilly, Chris Mueller, Nick Spaling and Matt Halischuk).

On Friday, the Predators came to an agreement with another of their restricted free agents by signing Sergei Kostitsyn to a one-year, $2.5 million deal, according to the team.

The Predators were in a unique situation with the aforementioned players as the NHLPA was arguing that the team didn't send out its qualifying offers in time, which could have resulted in all five players being eligible for unrestricted free agency had they not been signed to new deals.

The Chicago Blackhawks found themselves in a similar situation a couple of years ago when the qualifying offers to their restricted free agents were, for all intents and purposes, lost in the mail.

Last offseason Nashville took a chance on the inconsistent Kostitsyn and acquired him in a trade with Montreal in exchange for goaltender Dan Ellis and forward Dustin Boyd. The Predators were rewarded for their gamble as Kostitsyn ended up leading the team with 23 goals and 50 points. He did, however, struggle in the playoffs by not scoring a single goal in 12 postseason games.

He earned $550,000 during the 2010-11 season.

With Kostitsyn back in the mix, Nashville is now a little less than $8 million away from reaching the cap floor and still needs to work out a deal with its remaining restricted free agent -- and arguably its best player -- defenseman Shea Weber. If the two sides can't work out an agreement, Weber is scheduled to have an arbitration hearing Aug. 2.

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Comments
kkjyywlpo
Since: Dec 2, 2011
Posted on: December 16, 2011 6:36 am
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Since: Oct 7, 2011
Posted on: October 19, 2011 10:00 pm
 

Predators re-sign Sergei Kostitsyn

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Since: May 30, 2011
Posted on: July 8, 2011 6:34 pm
 

Predators re-sign Sergei Kostitsyn

I wish I could get a raise for five times as much as I'm making because I put in a couple of good months on the job. This guy was a bum in Montreal and that's being kind. At least it's only a one year deal, shows there is some thinking going on here. Money could've been better spent elsewhere trying to reach cap floor but good for Sergei, he lucked out!!




Since: Feb 15, 2008
Posted on: July 8, 2011 6:19 pm
 

Predators re-sign Sergei Kostitsyn

One year for $2.5M??? Really? He went from $550K to $2.5M?


Yikes. He was a help to an offensively challenged team, but he disappeared in the playoffs. Typical Euro, I guess....


I do think we needed him back, but I think we over paid- shoulda shipped him to the Leafs instead of Franson, IMO.    


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