Jan 04, 2012; Vancouver, BC, CANADA; Vancouver Canucks forward Henrik Sedin (33) congratulates forward Daniel Sedin (22) for his goal against Minnesota Wild goaltender Josh Harding (not pictured) during the first period at Rogers Arena Mandatory Credit: Anne-Marie Sorvin-USA TODAY Sports

Vancouver Canucks Close to Re-Signing Daniel and Henrik Sedin

Anne-Marie Sorvin-USA TODAY Sports

The Vancouver Canucks are close to re-signing Daniel and Henrik Sedin, according to owner Francesco Aquilini.

He dropped the tidbit in an interview with the Province’s Ed Willes:

In the one bit of news, Aquilini said the Sedin twins are close to signing contract extensions and doesn’t believe there any impediments to a new deal.

“They’re Canucks,” he said. “They’re what we want this team to be about.”

There is little doubt both players would be re-signed by the Canucks, but many expected the process to be drawn since the value of the Sedins have become difficult to gauge.

Both will be 33 years old when the season starts in October and there are questions whether they can continue playing at an elite level. If they can, how long can they do it for?

It appears they have been able to find some common ground on what they are worth or Aquilini just handed them a ‘blank cheque’.

A long-term, front-loaded contract will probably pay the Sedins appropriately for remaining seasons of their career. However, it will leave the Canucks with a high cap hit and low salary in the latter years of the contract. The Canucks will have millions of dollars of ‘dead’ cap space.

Expect the Canucks to sign them to a shorter-term contract extension of two-to-four years and sign them to one-year contracts thereafter for as long as they want to play.

Tags: Daniel Sedin Henrik Sedin Offseason Vancouver Canucks

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