Sidney Crosby: Penguins Reportedly Set to Sign Crosby to $100 Million Extension

NEWARK, NJ - MARCH 17:  In his second game back from a concussion, Sidney Crosby #87 of the Pittsburgh Penguins skates against the New Jersey Devils at the Prudential Center on March 17, 2012 in Newark, New Jersey. The Penguins defeated the Devils 5-2.  (Photo by Bruce Bennett/Getty Images)
Bruce Bennett/Getty Images
Robert TheodorsonSenior Analyst IJune 28, 2012

With Sidney Crosby's contract expiring at the end of the 2012-13 season, the Penguins have reportedly decided to take care of business a year earlier than expected and are expected to sign their superstar captain to a new deal worth in excess of $100 million.

TSN reports that Crosby's deal will make him the NHL's next $100 million player and that the terms will be around his old cap hit of $8.7 million annually over the course of 11 or 12 years.

The Penguins take a huge risk on Crosby, who has suffered through concussion issues dating back to the 2011 Winter Classic against Washington. But with Crosby seeming fully recovered and in good health during Pittsburgh's playoff series against Philadelphia, the Pens are more than willing to commit huge money and support to the NHL's most exciting player.

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