Penguins sign Jagr to 5-year contract

Aug. 9, 1994
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PITTSBURGH, Aug. 9 -- The Pittsburgh Penguins Tuesday announced the signing of right winger Jaromir Jagr, the team's leading scorer last season, to a five-year contract. Financial terms of the contract weren't released, but it reportedly is worth a little less than $20 million.

Jagr was entering the option year of his contract, which would have paid him $1.722 million next season. Jagr's agent, Mike Barnett, said the contract includes turning over his client's marketing rights to the Penguins. Jagr, 22, led the Penguins with a career-high 99 points last season on 32 goals and 67 assists. He has scored 125 goals and 194 assists in four seasons with the Penguins. Jagr, a native of the Czech Republic, was the fifth overall selection in the 1990 NHL draft. He played for the Penguins' Stanley Cup championship teams in 1991 and 1992. Jagr's leadership role on the Penguins is expected to increase if center Mario Lemieux is forced to sit out part of the season or retire because of back problems and complications from treatment for Hodgkin's disease, a form of cancer. Howard Baldwin, the Penguins' board chairman, said Lemieux is in the process of 'getting checkups by various doctors' before deciding whether to play this season.

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