2/15/2007 2:07:33 PM
PHOENIX (CP) - The Phoenix Coyotes have made sure their captain will stay put for a long time.
Shane Doan signed a US$22.75-million, five-year contract extension with the Coyotes on Thursday, committing long-term to the only NHL franchise he has ever been a part of.
The deal was agreed to Wednesday after Coyotes CEO Jeff Shumway, GM Mike Barnett and Doan's agent J.P. Barry made significant progress during talks earlier in the week.
"I'm extremely excited to remain a Coyote," Doan said in a statement. "I was drafted by this organization and it means a great deal to me to be able to play with this franchise my entire career.
"I am very excited about our team, coaches and management and I am confident about our future. I chose to stay with the Coyotes because I love this city and our fans and I want to win here, not anywhere else."
The new deal will pay Doan $4.55 million a season. Doan, 30, is earning $3.38 million this season and was slated to be an unrestricted free agent July 1.
"All 30 teams would most certainly have knocked on his door," said Barnett. "Nonetheless, Shane instead elected to remain committed to the organization that gave him his first chance to be an NHLer.
"His is not a decision that we take lightly."