November 19, 2009 // 9:32am ET
Savard signing not imminent
TheFourthPeriod.com

Despite an online report yesterday, the Bruins are not close to signing center Marc Savard to a long-term contract extension, reports the Boston Globe.

Yesterday, RDS.ca reported that the Bruins were set to sign Savard to a seven-year, $39 million deal.

Citing sources close to negotiations, the Globe claims a new contract is not imminent and the overall payout on a deal is not expected to be as high.

It's believed talks between the Bruins and Savard's agent have been positive and a deal could be finalized before the end of the month.

Bruins GM Peter Chiarelli would like to get a deal done and seems poised to sign Savard to a seven-year contract with an annual cap hit closer to $5 million.

Files from: Boston Globe

[ From the Editor ]
Talks were hot and heavy during the summer and cooled after the season started. Negotiations picked up lately, and by the sounds of things, both parties want a deal ironed out by Thanksgiving (U.S. style). The Bruins know they'll have to pay up large for Savard, so spreading the cash over a long-termed contract makes sense and helps them out, cap wise. -- David Pagnotta

Visit David Pagnotta's TWITTER page for frequent comments and updates.
 

 
 


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