Sabres and Skinner reportedly getting close to a contract extension

Sabres may be close to completing one of their offseason tasks in re-signing Jeff Skinner

Reports started to come out last night that the Buffalo Sabres and Jeff Skinner are getting close on a contract extension. Bob McKenzie of TSN shared an update on NBC Sports prior to Game 2 of the Stanley Cup Finals last night.

The two sides seem to be working towards finalizing a deal in the not too distant future. A source has indicated to me that his annual average value is likely to come in around $9 million and that they are closing in on a deal, but not final. It could be completed in the next 24-48 hours.

That cap hit may come in on the higher than some fans expected but with the salary cap ceiling going up to $83 million next season it’s in line in terms of cap percentage consumed with other top goal scorers in the NHL.

Stay tuned for updates in the coming days on the contract situation.