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Pens Extend Crosby

Five years, $43.5 million.

Kinda sets the market, doesn't it?

Oh, and lets get one thing straight - Sid's "hometown discount" of just over a million dollars per year is negligible and he is only giving up one year of unrestricted free agency rather than signing an "I want to be a Penguin for my entire career" contract. But I'm sure he'll be hailed for not squeezing every last nickel out of the team. He is, after all, the Golden Boy.

Update: As a point of reference, that $1.36 million per year that Sid left on the table is the same amount for which the Habs just signed Tom Kostopoulus to a one-year deal.

Update: Allan Muir chimes in with similar points.