PRESS RELASE: Predators lock-up Gaustad for 4 years

The Nashville Predators announced Saturday night that center, Paul Gaustad was re-signed to a four year deal worth $13 million. That is an average is $3,250,000 per year. Gaustad was given the money that he longed for and not only benefited himself, but also the organization to get closer to the cap floor.

Read opinion and the press release after the jump.

The signing of Hal Gill earlier this week and of Paul Gaustad Saturday night gives the Predators a veteran presence in the locker room. A presence that was lacking most of last season. I think it is a much needed signing for Nashville and avoids Smashville from worrying whether Gaustad would be coming back. Gaustad was ready to test the free agent market Sunday.

Even though keeping Gaustad was much needed, it doesn’t mean I like what the Predators offered. Going back to Trade Deadline day, David Poile overpaid in the trade by giving up a 2012 first round draft pick. Now, Poile is giving him over three million per year for potentially a third liner. 

With all the cap room the Predators have, I don’t have too big of a problem with this signing. Paul Gaustad adds depth to the lineup and veteran leadership.

Here is the press release from the Nashville Predators:

Nashville, Tenn. (July 1, 2012) – Nashville Predators President of Hockey Operations/General Manager David Poile announced today that the club has signed forward Paul Gaustad to a four-year, $13 million contract.

Gaustad, 30 (2/3/82), has finished no lower than seventh in the NHL in face-off efficiency in each of the past three seasons, and ranked ninth among League forwards in average shorthanded time on ice in 2011-12 (2:45). Acquired from Buffalo along with a fourth-round pick in the 2013 Entry Draft from Buffalo for a first-round pick in the 2012 Entry Draft on Feb. 27, 2012, the 6-5, 212-pound center posted four assists in 14 regular-season games for the Predators, completing his seventh NHL campaign with 21 points (7g-14a) and 76 penalty minutes in 70 regular-season games between Buffalo and Nashville. The Portland, Ore., native also appeared in all 10 of Nashville’s postseason games, posting a pair of points (1g-1a) – including its first goal of the postseason – in addition to ranking seventh in postseason face-off efficiency (60.1 percent).

Buffalo’s sixth selection, 220th overall (seventh round) in the 2000 Entry Draft has appeared in 493 career regular-season games, amassing 185 points (71g-114a) and 591 penalty minutes and 48 playoff contests, posting 10 points (1g-9a) and 42 penalty minutes.