Monday, May 12, 2008

Erat signs seven-year deal

Nashville Predators President of Hockey Operations/General Manager David Poile announced today that the club has signed restricted free agent forward Martin Erat to a seven-year, $31.5 million contract.

“Martin Erat is a perfect example of this organization’s philosophy,” Poile said. “He came to us as a seventh-round draft pick, and grew steadily into an elite player when given an opportunity to succeed. He has continued to take on more responsibility and is an integral part of our team moving forward. We look forward to his leadership and production for the next seven years.”
>> team release
Erat's only 26 years old and emerged as a solid 60-point player over the past two seasons. Next year, $4.5-million might be a bit high as a cap hit, but over time, this contract should be a bargain for the Predators.

Another massive contract, however, for a young restricted free agent. The Predators also have to sign Ryan Suter and Shea Weber, who are in similar situations and will command surprisingly large contracts.
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