ray shero

The Pittsburgh Penguins' march to the Stanley Cup finals has paid off for coach Michel Therrien. General manager Ray Shero says the team has agreed to terms on a new three-year contract for Therrien.

Therrien had one year left on his contract. The new deal includes a raise for this season, and goes through the 2010-11 season, slated to be the team's first in a planned $290 million arena.

Marian Hossa told the Pittsburgh Penguins he intends to test the NHL free agent market, and the star forward expects to attract lucrative offers once bidding begins July 1.

Penguins general manager Ray Shero said Hossa decided to seek other options after Pittsburgh made what Shero called "a very, very fair contract offer." "I got an answer from Hossa.