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NHL Free AgentsNHL News

NHL News: The Montreal Canadiens Sign Carey Price To An Eight-Year Extension

Mark Easson 07/02/2017
2 Min Read
Montreal Canadiens sign Carey Price to an eight-year extension
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The Montreal Canadiens have signed Carey Price to an eight-year contract extension worth $84 million – a $10.5 million salary cap hit.

The 29-year old Price was drafted 5th overall in the 2005 draft by the Canadiens

Thoughts from the media …

Darren Dreger: “Given NHL’s labour history, there are a lot of people paranoid about the future. Price had the leverage to make this deal work. Most don’t.”

 

Pierre LeBrun: “So $70 million worth of signing bonuses in Price’s $84 million contract. Wow.”

Eric Engels: “Carey Price is the highest-paid goaltender in the NHL by $2 million per season”

Chris Johnston: “Carey Price’s $10.5M AAV will briefly be tied for the highest committed to a NHL player. Then Connor McDavid will put pen to paper.”

Elliotte Friedman: “Price AAV is $10.5M. Big win for them to get him done.”

Eric Engels: “Carey Price and Shea Weber are locked in with the Habs for the next nine years.”

W/ Price extended at 10.5M beginning next season, #Habs currently have $53M committed between 14 players for 2018-19https://t.co/lffSdAZeWP

— CapFriendly (@CapFriendly) July 2, 2017

Currently, the highest cap hits for 2018-19 is tied between three players at $10.5M:
Carey Price
Patrick Kane
Jonathan Toews pic.twitter.com/3RGuD9KPXw

— CapFriendly (@CapFriendly) July 2, 2017

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TAGGED:Carey PriceMontreal Canadiens

Offer Sheet Compensation

<$1.54M no comp
$1.54M – $2.34M: 3rd
$2.34M – $4.68M: 2nd
$4.68M – $7.02M: 1st, 3rd
$7.02M – $9.36M: 1st, 2nd, 3rd
$9.36M – $11.7M: 1st, 1st, 2nd, 3rd
$11.7M+: 1st, 1st, 1st, 1st,

2024-25 Critical Dates

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June 20th: Last possible day for the Stanley Cup Final
June 27th-28th: 2025 NHL Draft
July 1st: Start of free agency

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