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Koivu re-signs with the Wild

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By Anthony Caruso III | Publisher

The Minnesota Wild have re-signed Mikko Koivu to a two-year extension. He’ll make $11 million over the next two-years with the team.

He was entering the final-year of a seven-year, $47.25 million deal. Now, following this new deal, he’ll be with the team through the 2019-20 season.

Mikko Koivu (Getty Images)

Mikko Koivu (Getty Images

He’ll be 37-years-old at the end of his new deal. He’ll make $5.5 million each year under this new deal.

Given his age, there’s definitely a risk paying a player this much money. However, there have been hockey players, who have continued to play at a good rate into their 40s with the exception Jaromír Jágr.

He means so much to this team, as he’s also the franchise leader in games played and points.

Koivu was the Wild’s sixth overall pick in the 2001 NHL Draft. He has been the franchise’s captain since March 2009.

He’s one of the longest captains in the NHL. Only Zdeno Chára (2006-07) with the Boston Bruins, Sidney Crosby (2007-08) with the Pittsburgh Penguins and Jonathan Toews (2008-09) with the Chicago Blackhawks were longer before his appointment with the Wild.

Koivu and Washington Capitals captain Alexander Ovechkin both became captains during the 2009-10 with their respective teams.

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