Torey Krug signs four-year, $21 million extension with Bruins

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While the Boston Bruins were saying good bye to a once highly valued defenseman, they were also showing would-be restricted free agent Torey Krug how highly valued he is now. The club announced Krug has signed a new four-year deal with a $5.25 million annual average.

Before announcing the Krug deal, however, it was reported that veteran defenseman Dennis Seidenberg, a top-four cog during the club's 2011 Stanley Cup run, was waived for the purposes of buying out the final two years of his contract.