Red Wings Ink Osgood

Archived from 2000-01 season.

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Goaltender Chris Osgood signed a three-year deal with the Detroit Red Wings and avoided a scheduled salary arbitration hearing that was days away.

"We're very happy to be able to avoid salary arbitration and have Chris signed for the next three years," general manager Ken Holland said. "Chris is an important part of our team and has played a large role in the success we've had over the past several years."

Osgood backed up Mike Vernon when the Red Wings won the Stanley Cup in 1997. Next year Osgood was the top goalie as Detroit repeated as champions.

Terms of the contract were not released. Osgood's agent , Rolland Thompson, said the deal puts him in the top group of goalies in the league and that the contract has many incentive clauses. Osgood had reportedly asked for more than $4 million a year.

"He's very pleased. He's looking forward to being a Red Wing for the next three years, and he's not unhappy with the results of the process," Thompson said.

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