Update (8:06 AM): Helene St. James now confirms Khan’s story, after some early tentative reporting. - Matt 

Update (12:51 AM): More on this at FanHouse.

My goal is to liveblog the press conference on a late lunch break. We’ll see if that can actually happen, but I’m going to try! - Matt

That works out to a little more than $6 million a year. Holy crap. (Khan)

This is huge for the Franzen and Hossa talks, folks.