Wings re-sign Yzerman

In what that was pretty much a foregone conclusion, the Red Wings have re-signed their captain Steve Yzerman to a one-year contract, Ken Holland announced today. The terms of the deal were not disclosed, as per club policy and as of right now, the NHLPA site does not have The Captains compensation listed. It will be no where near the $8 million he used to earn, you can be sure of that, and is probably closer to the $5,849823 he earned last year. I think somewhere around $3 million with some incentives built in to bring it up to $4 million is very possible . UPDATE (18. Sep.): The NHLPA website has Yzerman's compensation listed as $4.5 million for the 2004-2005 season. I doubt any incentives are included in that since $4.5 million is already a pretty steep price. The Captain is still recovering from the eye injury he suffered in Game 5 of the Western Conference Semifinals against the Calgary Flames. Apparently, he has recovered to the point where direct and bright sunlight are the only problems. He had been selected to play for Team Canada in the World Cup of Hockey but opted out because of his eye and was replaced by Vincent Lecavalier. Lecavalier went on to score the game winner against the Czechs in the semi-finals to send Canada to the final against Finland. He won the tournament MVP award earlier tonight when the Canadians beat the Finns 3-2 to win the World Cup (one of the ugliest trophies I've ever seen, by the way) He obviously intends on playing whenever there is a season but it is highly unlikely he will be able to if the lockout eliminates the whole 2004-2005 season. A full year off would probably be too much for a guy his age (39). I'm very glad the Wings re-signed Yzerman, though it comes as no surprise. As long as he wants to play, it will be here in Detroit, where he will always have a spot. Hopefully we'll be able to see him go out on a much more positive note than what we witnessed in the spring with his injury. I don't want that to be my last memory of Steve Yzerman and I hope some agreement can be reached quickly with the CBA situation so that it isn't. I also think $3-$4 million is a pretty fair price for the best leader in hockey, if not all pro sports, even if he isn't a major offensive contributer any more. Next up: Pavel Datsyuk. We have just under two hours before the Wings risk not getting him back next season.