Extension
Erik Karlsson - Highest Rank is 2nd in 2011-12
7m extension for 4 years [ Erik Karlsson, $7.0m (2015-16) ]
Following players will be released
Mikhail Grabovski, $2.9m (2011-12)
Patrick Sharp, $3.9m (2011-12)
Chris Kunitz, $3.7m (2011-12)
Eric Nystrom, $0.7m (2011-12)
Ray Whitney, $1.5m (2011-12)
Ryan Malone, $2.3m (2011-12)
Ryan Suter, $3.5m (2011-12)
Eric Brewer, $1.9m (2011-12)
Niklas Kronwall, $3.0m (2011-12)
Brent Johnson, $0.5m (2011-12)
minors
C - Ryan Russell, $0.8m (2011-12)
LW - Gabriel Bourque, $0.9m (2011-12)
LW - Ruslan Fedotenko, $0.7m (2011-12)
RW - J.T. Wyman, $0.8m (2011-12)
D - Marc-Andre Bourdon, $1.0m (2011-12)
Send to minors
C Adam Henrique, $1.0m (2012-13)
RW Matt Read, $1.0m (2012-13)
Calling up Jonathan Huberdeau