Several sources in the NHL have informed TSN that former Penguins sniper Marian Hossa has signed a one-year, 7.4 million dollar deal with the Stanley Cup champion Detroit Red Wings. Mark Spizziri of Hockey Buzz recognizes that Hossa left money on the table to head to Motown:

Another outstanding move by Ken Holland & Company. As great a move as it is, it took the co-operation of Marian Hossa to forego a huge sum of money from many teams offering multi-year contracts. Hossa gets to play for a Cup once again this season and then can hit the jackpot next July 1st for a long-term deal. For his sake, I hope he gets insured against injury this season.

The Wings also signed backup goaltender Ty Conklin away from the Penguins for a mere 750K.