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Penguins goaltender Marc-Andre Fleury and Matt Murray wait to shake hands with Lightning players after winning Game 7 of the Eastern Conference final in May at then-Consol Energy Center.
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What Penguins goalie Matt Murray's new contract does — and doesn't — mean

Matt Freed/Post-Gazette

What Penguins goalie Matt Murray's new contract does — and doesn't — mean

When the Penguins announced this morning they had signed goaltender Matt Murray to a three-year contract extension, the immediate reaction was that it was another step towards Marc-Andre Fleury’s eventual departure from Pittsburgh.

One man who didn’t share that viewpoint, though, is the one who will ultimately be tasked with making that decision.

“The focus seems to be on what happens with Marc-Andre, but let’s let this play itself out first,” Penguins general manager Jim Rutherford said after the team’s morning skate. “Let’s not just presume that Marc is automatically out. He’s been the franchise goalie here, he is a terrific person, he’s a terrific player and I think that assumption, we’re getting a little bit ahead of ourselves.”

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OK, so let’s back up.

Scott Wilson ties the game at 2-2 against the Sharks in the third period at the PPG Paints Arena.
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Penguins come back in third period to beat Sharks, 3-2

What Murray’s signing inarguably means is that the Penguins now have a promising young goaltender under contract through the 2019-20 season. Still just 22, Murray went 9-2-1 last year during the regular season with a 2.00 goals-against average and a .930 save percentage. He led the Penguins to their fourth Stanley Cup with 15 postseason wins, a 2.08 goals-against average and a .923 save percentage in the playoffs.

He is still recovering from a broken finger sustained in last month’s World Cup of Hockey, but rejoined his Penguins teammates for practice this week.

Murray’s new deal will kick in next season, and he will make an average of $3.75 million for the three seasons under the extension.

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The Penguins and Murray’s camp began negotiations during training camp, and there was always a general sense that this sort of deal would get done.

“We've been talking for maybe about a month or so,” Murray said. “Nobody was in any big hurry, I don't think. We both wanted a fair deal. I think in the end, it worked out pretty well for both sides.”

The deal falls in line with the one Tampa Bay signed with goalie Andrei Vasilevskiy this summer (three years, $3.5 million annually). The Lightning were in a similar situation to the Penguins, with an established veteran (Ben Bishop) under contract, a promising young goalie in Vasilevskiy and next summer’s expansion draft looming.

While many NHL teams have begun to eschew these shorter-term so-called “bridge contracts” — instead opting for long-term deals to lock up young stars — Rutherford said it made sense in this case.

Fans wait hours before game time along Washington Place before Game 5 of the Stanley Cup Final. (Matt Freed/Post-Gazette)
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Pregame: Penguins vs. Sharks, 7:08 p.m.

At least for the next three years, having a potential franchise goalie on the books for $3.75 million annually could greatly help Rutherford and the Penguins navigate the NHL’s salary cap.

“It’s why you do the bridge contracts,” Rutherford said. “Sometimes you’re right and sometimes you’re not. We have a young goalie that’s had a very good career, he’s won a Stanley Cup, played extremely well and we feel has a bright future ahead and a long future ahead of him.”

Discussing the future, though, is where Fleury comes back into play. He is under contract for $5.75 million next season, and committing more than $9 million to goaltending seems like an untenable situation, especially for a team that brushes up against the salary cap as often as the Penguins.

If both players are on the roster at the end of the season, the Penguins would be able to protect only one in the Las Vegas expansion draft. Unless he’s willing to waive his no-movement clause, it would have to be Fleury, leaving Murray open to be selected. If the Penguins want to protect Murray, it would likely mean trading Fleury before the end of the season.

Rutherford, though, said he wasn’t necessarily worried about that right now. The immediate goal is for the Penguins to win another Stanley Cup this season, and having both Murray and Fleury on the roster certainly helps with that objective.

“Our focus this year is winning, and we’ll deal with the expansion draft at the appropriate time,” Rutherford said. “This signing of Matt doesn’t go hand-in-hand with any of that.”

Sam Werner: swerner@post-gazette.com and Twitter @SWernerPG.

First Published: October 20, 2016, 5:54 p.m.

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