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Insider Only Mark Letestu agrees to a 2 year extension (1-way contract) worth $1.25 million

Pittsburgh Penguins center Mark Letestu has agreed to a two year extension worth $1.25 million. Letestu, 25, will make 625,000 per season, according to Bob McKenzie of TSN.Ca. He is signed through the 2012-2013 season.
The deal is a one-way contract, a source close to Letestu tells me. An official announcement is expected from the team by the morning.
Inside Pittsburgh Sports first reported on January 11th that preliminary contract talks between the Penguins and Letestu were underway.
A quick look at the Pens cap situation for next season with the signing of Mark Letestu.

The Penguins have 6 forwards, 7 defensemen and 2 goaltenders signed through the 2011-2012 season.
The Penguins now have around $52.325 million committed to 15 players for next season. The cap for this season was $59.4 million but is expected to rise to the $61 to $62 million range.

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William DePaoli

TIOPS Insider

William DePaoli is the President/Founder of Inside Pittsburgh Sports LLC and can be reached at

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