Sharks re-sign Couture.

SAN JOSE MERCURY NEWS/CSNBAYAREA.COM: report the San Jose Sharks will later today officially announce the re-signing of center Logan Couture to a two-year contract extension, which will commence in the 2012-13 season. Couture, a Calder Trophy finalist in 2010-11, was eligible for restricted free agent status next July. Financial terms have yet to be disclosed.

SPECTOR’S NOTE: Hat tip to GJ Berg for the links. Couture is due to make $1.25 million this season, according to the Mercury News, so I wouldn’t be surprised if his new salary is at least doubled. Couture’s first full season in the NHL was impressive, netting 32 goals and 56 points, earning a reputation as a terrific all-round forward and clutch scorer. With the current CBA due to expire next September, it’s obvious GM Doug Wilson wanted to avoid any hassles in negotiating a new contract next summer, especially given the possibility Couture could’ve been a target for an offer sheet.

**UPDATE** The contract is worth $5.75 million, or a cap hit of $2.875 million per season.

3 Comments

  1. The Sharks keep doing the right things.

    Job well done!

  2. Del, I agree – keeping Couture was a good move – but who knows with Dougie – he may decide to trade him to another team now that Couture has signed a new contract. Guess we’ll know within the next 24 hours.

    While I like the Heatly dump, I still think the Setoguchi move was crappy. I lost all respect for Wilson when he signed Setoguchi to a 3 year deal at $3MM per year and within 24 hours traded him. Rumor had it Setoguchi was trade bait around the trade deadline but nothing happened. I’m sure Setoguchi was told by Wilson that he was an important cog in the Shark Machine. Being 24, I’m sure Setoguchi believed him and because he loved playing for the Sharks – Wilson was given the “hometown” discount. Why? Because Setoguchi could have gotten more on the open market. Wilson has always had a love affair with Bret Burns, especially since we know that Dougie has tried to acquire him several times previously. I don’t mind the Burns acquisition, what I do mind is screwing a kid who in good faith gave the Sharks a compensation discount to stay with the team.

    Wilson claims that the trade came about 24 hours after the Setoguchi signing, but it seems to me that I’m not the only one questioning Wilson and McClellan’s integrity. When both Wilson and McClellan have to “defend” this trade as: “This whole thing came together quick in the last 24 hours,” Wilson said. “We negotiated with Devin because we thought Devin was an important part of this team. But this deal that came to me “… it would have been a lost opportunity.” They knew what they did.

    Anyway, maybe this year the Sharks will get past the 2nd round.

  3. steve your knowledge of the situation and opinion are both way off. to lose all respect for DW because of that one trade is bogus. do you remember what happened to dan boyle when he came to the sharks from the lightning? he just signed a big deal to stay in tampa then gets traded. hockey is a busniess and sometimes thats how it goes. the trade for burns wasnt even an option until the day after the signing and the trade probably doesnt go through if seto want already re signed.