Pittsburgh struggling to survive

With a player payroll among the league's lowest the Pens don't have much more room to slash salaries.

Updated: December 2, 2003, 2:04 PM ET
By By Jim Wilkie | NHL Insider
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.

Martin Straka
Martin Straka was the latest Penguins star to be dealt.
This is only Tuesday. Hopefully they'll still be playing by Friday.