Oilers sign Penner to five-year deal

National Hockey League News

Aug 2, 2007, 23:00 GMT

Edmonton, AB - The Edmonton Oilers inked restricted free agent forward Dustin Penner to a five-year contract on Thursday.Penner, a Manitoba native, scored 29 goals and added 16 assists in 82 games last season for the Stanley Cup-winning Ducks. He added three goals and eight points in 21 postseason contests. In 101 career regular-season games for Anaheim, Penner has 33 goals and 19 helpers.Oilers general manager Kevin Lowe initially tendered an offer sheet to Penner which was reportedly worth five years and $21.25 million, a move which drew the ire of Anaheim GM Brian Burke as being too high for a player of his caliber. With Burke's position firmly entrenched, the Ducks refused to match, and TSN.ca reports that this offer is the terms to which Penner was signed.Earlier this offseason, Edmonton signed Buffalo forward Thomas Vanek to an offer sheet, but the Sabres matched the seven-year, $50 million deal. The Oilers responded by bringing in free-agent defenseman Sheldon Souray from Montreal.© 2007 The Sports Network

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Oilers sign Penner to five-year deal

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