It’s Official: Franzen Signs for 11 Years

Update (2:21 PM): Ansar Khan provides a corrective to the Aftonbladet numbers: it’s a $3.9 million a season cap hit (so, $42.9 million total). He also reports that it has a no-trade clause for the first five or six years. - Matt

Update (2:15 PM): Gabriel in the comments at A2Y points to this Aftonbladet article, which claims the deal is for 370 million kroner, or about $44 million. That would translate to a $4 million a year cap hit. If that number isn’t correct, it is probably close, so it looks like there may be some room to try for Hossa after all. Say $6 million or so. - Matt

Here’s the confirmation I was looking for. The Free Press has it from the team: Johan Franzen has signed an 11-year contract. No word on the financial terms yet so we don’t know the cap number, but you can bet it’ll be weighted at the front, like Zetterberg’s contract, so that the number is low.

I admit to having mixed feelings about this. There’s no doubt that Johan is one of the best power forwards around today, but I still have doubts about his longevity. Even compared to Henrik Zetterberg and his back trouble, Franzen’s tendency toward injury seems high. That said, if he can find a way to stay healthy much like Nik Kronwall has, this deal could pay off big time.

Once we know the numbers on the deal, it’ll be easier to determine Marian Hossa’s likely status, though the definitive answer on that won’t come until the cap ceiling is announced after the playoffs.

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