Penguins re-sign Guerin, Adams
Each player takes pay cut to stay with Penguins
Tuesday, June 30, 2009
By Dave Molinari, Pittsburgh Post-Gazette
Mark Humphrey/Associated Press

Penguins right winger Bill Guerin re-signed with the Penguins for a one-year deal worth $2 million.
The Penguins don't figure to be terribly active when the NHL's free-agency signing period begins tomorrow.

If general manager Ray Shero has many more days like yesterday, he won't have any reason to be.

Shero finalized a one-year, $2 million contract with right winger Bill Guerin last night, just hours after working out a two-year deal worth $550,000 per year with fourth-line forward Craig Adams.

Both players took a pay cut. Guerin, acquired from the New York Islanders for a third-round draft choice March 4, made $4.5 million last season while Adams, picked up on waivers from Chicago the same day, earned $600,000.

Both would have become unrestricted free agents if they hadn't been re-signed by tomorrow.

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Glad to see these guys stick around. It really speaks volumes when 2 players take pay cuts to stay with a team.