Well, that didn't take long.
For all those ready to jump off ledges all over the Triangle, wondering why JR would trade their favorite player for an unsigned RESTRICTED Free agent, well, you can rest a little easier. There will be no long, drawn out negotiations and/or offer sheets from other teams.
Luke at over at the N&O announced today that the Canes have signed defenseman Joni Pitkanen to a 3 year deal worth $12 million. Thankfully, this deal was wrapped up in a hurry. The 24 year old Finn was acquired on Tuesday in a trade with the Edmonton Oilers, who picked up long time fan favorite Erik Cole. Cole was due $4 million for the last year of his contract and Pitkanen has bascially moved into that salary slot - $3.5 million in 2008/2009, $4 million in 2009/2010, and $4.5 million in the last year of the deal. This makes Pitkanen the highest paid Canes defenseman but quite a large margin. Joe Corvo is second on that list at $2.5 million.
JR obviously believes in this kid, and thinks he can blossom into the player he has always been projected to be. Let's hope he's right. JR has made some moves in the past that seemed questionable at the time, but they seem to work out for him more often than not. This decision could be a defining one.
But the Canes did not stop there, and moved to shore up their blue line even more by announcing another signing today. Josef Melichar has signed on to a one year contract at $1 million. Melichar played in 310 NHL games with the Pittsbugh Penguins from 2000/2001 through 2006/2007. He spent last season in Europe playing for Linkoping of the Swedish Elite League. Known as a defensive defenseman, the 6'2", 220 lb Czech has 7 goals and 33 assists in his NHL career. JR had this to say about the 29 year old Melchair:
Josef is a big, strong and experienced defensive defenseman who will be a shut-down player for us...
Melichar's signing makes 3 defensemen added to the roster in the last 48 hours.
So you've got to give Rutherford and company some credit. They said that they needed and would be targeting defensive help (obviously), and they went out and got it.
Now only time will tell if they made the right moves.
The payroll now stands at around $46.7 million for 2008/2009, which is slightly above the Cane's projected budget of $45-46 million. There are currently 7 (Corvo, Pitkanen, Gleason, Kaberle, Wallin, Babchuk, Melichar) defensemen under contract to the Hurricanes at the NHL level, with Dennis Siedenburg waiting in the wings as a restricted free agent who has been given a qualifying offer. Don't be surprised to see a salary-dump trade soon involving one or more of these defensemen (Kaberle? Wallin? Seidenberg?).
Stay tuned.
-m
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