Forsberg agrees to contract extension

June 25, 2003 - By David Smith

Denver, CO (AZ) -- The Colorado Avalanche made their first off-season signing Wednesday, agreeing to a one-year deal with Hart trophy winner Peter Forsberg. The contract is believed to be worth $11 million, which would put Forsberg with Jaramir Jagr as the highest paid player in the NHL.

"I'm excited to be staying in Colorado," Forsberg said in a prepared statement. "I'm truly enjoying myself in Denver. I'm expecting a very exciting and successful season. Everyone should be up for it."

Given the likelihood of a work stoppage after next season, and because Forsberg has previously stated his desire to play the final years of his hockey career for MoDo of the Swedish Elite League, speculation has surfaced that Forsberg will walk away from the NHL after next season. The shortness of the deal is adding more fuel to that fire, but agent Don Baizley said that isn't necessarily the case.

"We'll have to see what happens, but I don't think anything's set in stone with Peter beyond this year," Baizley told the Denver Post.

Forsberg led the NHL in scoring last season with 106 points, and his plus-52 was tied with teammate Milan Hejduk for the league's best. Over his career, he has accumulated 198 goals, with 488 assists, in 541 career regular-season games.

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David Smith is the publisher of Avalanche Zone, and can be reached at da.smith@attbi.com.

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