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Pittsburgh struggling to survive

By By Jim Wilkie
NHL Insider

Tuesday, December 2, 2003

Every day seems to bring more bad news about the Pittsburgh Penguins' financial health. A day after the Penguins traded their second-highest-paid player, Martin Straka, to the Los Angeles Kings for prospects, the team announced that Mario Lemieux will decline about $4.75 million in salary as the Penguins chief operating officer and CEO. Even with the adjustment, the Penguins said they will lose $5 million this season. This is only Tuesday. Hopefully they'll still be playing by Friday. Even a ...

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