Hossa moves on, Hawks busy, Malkin re-signs with Pens

0 Comments | AFP, July, 2008

LOS ANGELES (AFP) — The Stanley Cup champion Detroit Red Wings and playoff runners-up Pittsburgh Penguins both re-tooled their rosters on Thursday with a pair of key free agent signings.

Veteran Marian Hossa left Pittsburgh to sign as a free agent with the Red Wings while the Penguins re-signed rising Russian star Evgeni Malkin to a five-year, multi-million dollar contract extension.

Detroit won the bidding war for Hossa who reportedly signed a one-year for 7.4 million dollars. Hossa was considered this summer's top free agent and several National Hockey League clubs were wooing him before Detroit closed the deal.

Financial terms for Malkin were not disclosed, but the Pittsburgh Tribune-Review reported Malkin's deal is worth an average of 8.7 million dollars...

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