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Penner signs Lowe’s offer sheet

Posted by Varius @ 12:23 PM, Thursday Jul 26th, 2007

Dustin Penner has signed an offer sheet presented to him by Kevin Lowe and the Edmonton Oilers. The deal is for a term of five years and is worth 21.5 million dollars. Anaheim has the next move.

If Burke decides to match, Penner will remain a Duck signed to a longterm deal and a cap hit of 4.3 million per season. However, Burke also has the offer to let Penner become an Oiler and receive compensation. If this is the decision he makes, Anaheim would receive a 1st, 2nd and 3rd round draft pick from Edmonton.

Penner scored 29 goals last year in his first full rookie campaign and brings the size of a power forward. The main knock on him is consistency; when he’s on, he is dominant, but when he’s off he is barely noticeable on the ice. Many people believe Burke will take the draft picks.

Varius’ Note: Although I don’t fully agree with the move, in my opinion, Burke is going to match. He’s a big Penner fan and assuming Selanne / Niedermayer retire he will have the space. Schneider and Bertuzzi will be off the books by the time he has to work out new deals for Getzlaf and Perry. Either way, expect Brian Burke to publicly BLAST Lowe for making the offer.



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  • 3 Responses to “Penner signs Lowe’s offer sheet”

    1. Earl Sleek Says:

      Schneider and Bertuzzi will be off the books by the time he has to work out new deals for Getzlaf and Perry.

      Don’t the kids get raises next summer?

    2. Varius Says:

      You are correct Earl - seems I posted too quickly =)

      Getzlaf and Perry will be RFA after this season and Kunitz will be UFA.

      For some reason, my gut still tells me Burke will match the Penner offer though.

    3. Earl Sleek Says:

      He sure might. I don’t think I have the strongest record in “predict Burke’s actions”-style games, and I don’t get a particularly strong feeling on how he’ll react here. It will be interesting either way, though, that’s for sure.

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