June 5, 2013; Boston, MA USA; Pittsburgh Penguins defenseman Kris Letang (58) skates with the puck during the first period in game three of the Eastern Conference finals of the 2013 Stanley Cup Playoffs against the Boston Bruins at TD Garden. Mandatory Credit: Bob DeChiara-USA TODAY Sports

Report: Kris Letang, Pittsburgh Penguins Agree to Eight-Year, $58 Million Deal

There is some great news for Pittsburgh Penguins fan, which has to bring some comfort after the way the team was eliminated from the Stanley Cup Playoffs. Late last week, it was reported that the Penguins had offered Letang an eight-year, $54 million deal. Letang respectfully declined the offer and countered with a number of his own, which was too expensive for the Penguins.

With each side declining the other’s attempt at reaching an agreement, there were some concerns among the fan base that Letang could soon be traded. However, it was just yesterday that the team’s general manager Ray Shero said the team was not ready to trade Letang.

Now, we may know why.

According to the most recent reports, Letang and the Penguins have made significant steps towards an agreement and the two sides are working on an eight-year, $58 million deal that would keep the star defenseman in Pittsburgh.

Letang’s new deal would include a no-trade clause.

The deal is not yet official, but there could very well be an announcement soon.

Tags: Kris Letang Pittsburgh Penguins

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