Bruins sign Krug to four-year, $21 million extension

Krug

The Boston Bruins have re-signed defenseman Torey Krug to a four-year, $21 million contract extension with an average annual value of $5.25 million.

The deal comes just three days after Bruins general manager Don Sweeney tendered a qualifying offer to the 25-year-old defenseman, who was set to become a restricted free agent Friday. According to General Fanager, there is a no-trade clause in the final two years of the deal that will allow Krug to submit an eight-team no trade list.

Krug scored four goals and a career-high 44 points in 81 regular-season games this season. He has 30 goals and 125 points in 241 career regular-season games to go along with six goals and 16 points in 27 career playoff games, all with the Bruins.

Originally signed by Boston as an undrafted free agent in 2012, Krug earned a steady roster spot with an impressive performance in the 2013 postseason. He has since continued to be an important offensive defenseman for the Bruins, especially on the power-play.

Krug is thrilled to be staying in Boston.

“I think this is an unbelievable opportunity that I’ve worked for and dreamed of my entire life,” Krug said. “I’m humbled and blessed to be able to wear the Spoked-B for four more years. I’m fully committed and excited that I can move on to my next goal of accomplishing bringing back the Stanley Cup to this organization and this city.”

Sweeney is confident that Krug will help turn things around in Boston.

“As a young player who is invested in the Boston Bruins organization, he wants to win, he does things the right way every time he comes to the rink. He wants to get better; he’s not satisfied,” Sweeney said.

“We have a lot of work to do in front of us and Torey’s going to help us get back to where we want to be in trying to win a Stanley Cup each and every year. We’re very, very excited to have him.”

The Bruins also announced Thursday that the team has bought out the final two years of defenseman Dennis Seidenberg’s contract. Seidenberg, who would have carried a $4 million cap hit, will instead put a $1.166 million cap charge on the books this season. The Bruins will also face a $2.166 million cap charge in the 2017-2018 season and a $1.116 million cap charge in 2018-2019 and 2019-2020.
 

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