The Jaromir Jagr Watch in Pittsburgh could end Wednesday, with Jagr either agreeing in principal to sign with the Penguins or the club walking away from a potential deal with the 39-year-old Czech star.

Jagr's agent, Petr Svoboda, told the Pittsburgh Tribune-Review that his client is en route to the United States and likely will have an answer upon his arrival.

"He is flying to New York (from the Czech Republic) right now," Svoboda told Rob Rossi of the Tribune-Review. "He is coming this afternoon and will tell us his answer then."

The Tribune-Review is reporting that the Penguins have set Wednesday as their deadline with Jagr, who can't sign a contract until noon ET on Friday, but can tell the team that he will or he won't any time before.

The reported offer on the table is for one year and $2 million.

"He was an icon in Pittsburgh," Shero told Rossi. "We'd like to see him finish his career here."

Jagr has played the last three seasons in Russia after recording 1,599 points in 1,273 NHL games over 17 seasons with the Penguins, Capitals and Rangers. He is ninth all-time in the NHL in points, 42 behind Joe Sakic.

Jagr played his first 11 seasons in Pittsburgh, winning the Stanley Cup twice, the Hart Trophy once, the Art Ross Trophy five times and the Lester B. Pearson Award twice.

He was a finalist for the Hart Trophy five times, including in 2006 with the New York Rangers.

Follow Dan Rosen on Twitter at: @drosennhl