The Penguins issued the followed press release moments ago… they have withdrawn their offer to Jaromir Jagr.
PENGUINS WITHDRAW OFFER TO JAGR
The Pittsburgh Penguins withdrew their one-year, $2 million contract offer to free agent Jaromir Jagr Friday morning.
“We made what we thought was a very fair contract offer to Jaromir on Tuesday, based on his stated interest of returning to the Penguins,” said Ray Shero, the team’s executive vice president and general manager. “We made our best offer from the start, given our salary cap structure, in an attempt to facilitate a deal. But now, after several days, with an extended time frame for making a decision, and additional teams getting involved, we have decided to move in a different direction. It was never our intention to get involved in a free agent bidding war, and we have to focus on our team.
“Jaromir is one of the greatest players in Penguins history, and we wish him all the best.”
I will be back very shortly with thoughts on the matter…