ESPN's Pierre LeBrun heard from Petr Svoboda, the agent of Jaromir Jagr, on Tuesday. Svoboda didn't have news of a signing to report, but he did say that Jagr is now only considering three teams: the Detroit Red Wings, Pittsburgh Penguins and an unnamed team.
While he hasn't picked a team yet, one decision that Jagr has made, according to Svoboda, is to play in the NHL next season. Svoboda said Jagr is "excited about it," and plans are for the two to meet with each other later on Tuesday and make a decision about which team Jagr will sign with later this week.
The Red Wings certainly seem like the favorite to land Jagr's services. LeBrun reported on Monday that Jagr and Red Wings head coach Mike Babcock spoke with each other over the weekend, and LeBrun reported on Tuesday that the Red Wings are offering more money than the Penguins right now.
I doubt any team wants to overpay for someone like Jagr, but the Red Wings do have a lot of cap space to work with right now. Adding forwards isn't necessarily the biggest priority, but with so much room the Red Wings may be able to offer a better deal to Jagr than the other teams he is considering. I suppose we will find out for sure sometime this week.