Penguins sign Bill Guerin to one year deal worth $2 million

Bill Guerin informed the Pittsburgh Penguins this evening that he would sign with the team before July 1 and the two sides have agreed to a one year deal worth $2 million per season (NTC) with performance bonuses that could make the deal worth

close to $2.85 million according to a source involved in the negotiations.

The Penguins now have about $5.6 million in cap space and Guerin has showed himself to be ultimate team guy after the Penguins initially offered him close to $3 million per season.

“We are excited to agree to terms with Billy on this one-year deal,” Penguins General Manager Ray Shero said. “He made a tremendous impact on this team with his scoring ability, physical play and outstanding leadership and was a key factor in our drive to the Cup. I know our players, coaches and fans will be happy to have him back in Pittsburgh.”

Guerin has played 1,185 career NHL games with New Jersey, Edmonton, Boston, Dallas, St. Louis, San Jose, the Islanders and the Penguins, recording 408 goals, 403 assists, 811 points and 1,585 penalty minutes. He represented the U.S. in the Olympics in 1998, 2002 and 2006