Wednesday, May 25, 2011

BREAKING NEWS: Isles sign Okposo to 5 year 14 million dollar extension!!!

Today our Islanders took another step in locking up their core by signed 2006 seventh overall pick and future possible captain Kyle Okposo to a five year 14 million dollar contract.

According to Katie strang the contract is back loaded in terms of salary distribution like that of the contract given to Michael Grabner. This contract breaks down as follows:

11/12: 1 million

12/13: 2 million

13/14: 3 million

14/15: 3.5 million

15/16: 4.5 million

Meanwhile according to Chris Botta the cap hit for this deal is 2.8 million annually til the final season when the cap hit jumps to 4.5 million.

Nice job by Snow here locking up a valuable member of the core to a very affordable contract. This contract has the pot. to be a steal should Okposo turn into the player many of us think he could be.

We only have three RFA's left now in Blake Comeau, Jack Hillen, and Josh Bailey. I think Comeau might get a multi year deal while Bailey and maybe Hillen get one year qualifying offers. Bailey hasn't shown the production of Grabner or Okposo or even Comeau to deserve a multi year deal.

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