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1 year at US$475,000

1 year, two-way contract

1 year
12:50 PM- Vanek Update:
In a 12:30 PM Press conference, Sabres' GM Darcy Regier announced that the Sabres will match the Oilers' contract offer of US$50 million over 7 years.
12:30 PM- Oilers send Vanek an offer sheet:
According to various sources, the Edmonton Oilers have sent forward Tomas Vanek an offer sheet. The offer is worth US$50 million over a period of 7 years. If the Sabres can not match the Oilers' offer, Edmonton will obtain Vanek in exchange for a compensation, more precisely of 4 1st round drat picks.

8:00 AM- Top 5 Free Agents:
5) D Brent Sopel
4) C Alexei Yashin
3) LW Brendan Shanahan
2) C Peter Forsberg
1) D Sheldon Souray
7:50 AM- Rumor Central (Teams Interested):
LW Martin Gelinas (DAL)
D Sean Hill (MIN)
D Sheldon Souray (NJ, NYR, SJ)
C Alexei Yashin (DAL)
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