Thursday, July 26, 2007

Oilers Sign Penner to Offer Sheet

It was just reported on tsn.ca that Kevin Lowe has tendered an offer sheet to RFA Dustin Penner and he has signed it. At a price of $21.5M over 5 years, it's kind of deal Penner couldn't pass up and the kind of offer that the Ducks may be forced to pass over.

Anaheim only has $2M in cap space at the moment with their $7M dollar defenseman still pondering whether he will retire or not. Brian Burke has stated he will match any offers to Penner but what GM would say "Offer away, we won't match."

The compensation to the Ducks would be a 1st, 2nd, and 3rd round pick. So Burke has some interesting options to weigh as we all wait for the profanity-laced press conference that will come once Burke has made his decision.

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