Ray Shero has locked up another player. Via Dave Molinari on Twitter:
Penguins have agreed to a three-year contract extension with LW Chris Kunitz.— Dave Molinari (@MolinariPG) June 27, 2013
According to both Molinari and Bob McKenzie, the deal will pay Kunitz a slightly higher average yearly salary than his current deal. He makes $3.725 million for one more season. The new deal is apparently worth more per year, but less than $4 million/seaon.
PIT forward Chris Kunitz is on verge of signing a 3-year extension with Penguins. Total value likely in the $11M to $12M range.— Bob McKenzie (@TSNBobMcKenzie) June 27, 2013
This appears to be a great signing, from what we can tell. According to CapGeek, cap hit comparables include Troy Brouwer, Antonie Vermette, Justin Williams, Jiri Hudler and Joe Pavelski. Kunitz was seventh in the league in scoring last season with 52 points. He was eighth in goals with 22.
Kunitz has shown that he can play very well on either Crosby or Malkin's wing. That in itself makes him a very valuable player to the Penguins
The deal begins with the 2014-15 season and runs through the 2016-17 campaign, and has an average annual value of $3.85 million.
Based on Kunitz' recent work, he could have gotten a big raise somewhere. This is a great deal.
EDIT 2: Good points being made on Twitter. What does this mean for Dupuis? We can't see the Pens offering him much more than Kunitz got. The two players are basically the same age, so it's not like either would get more money due to "potential." We'll have to wait and see.