Thursday, 20 July, 2017

Habs sign Carey Price to an eight year extension

Montreal Canadiens sign defenceman Karl Alzner to five-year contract Montreal Canadiens sign defenceman Karl Alzner to five-year contract 0 0 0 0
Vera Richards | 03 July, 2017, 00:41

Canadiens GM Marc Bergevin on Sunday announced that the team has agreed to an eight-year contract extension with goalie Carey Price that reportedly will pay him an average of $10.5 million per season through 2025-26.

Price, a native of Anahim Lake, B.C., has one year left on a six-year deal signed exactly five years earlier which carried an annual cap hit of $6.5 million.

Since joining the Canadiens in the 2007-08 regular season, Price has recorded a wins-loss record of 270-175-55 in 509 games. Owning a career save percentage of.920, the veteran netminder has also recorded 39 shutouts atop the highest level.

The victor of the multiple individual accolades throughout his career, Price was awarded the Jack A. Butterfield Trophy as the AHL playoff MVP for his stellar performance in 2006-07.

Price, 29, completed his 10th season with the Canadiens in the National Hockey League in 2016-17, going 37-20-5 with a 2.23 goals-against average, .923 save percentage and three shutouts.

The discussion will undoubtedly turn towards whether or not the Habs should have pushed Price to take less or that the soon-to-be 30 year should have accepted a hometown discount to give the team more money to work with to build a team around him.

It is also $2 million per year higher than the next highest paid goalie (New York Rangers starter Henrik Lundqvist). He'll be 38 years old the next time he's a free agent, and in the meantime, he'll be carrying a $10.5 million cap hit on Montreal's books. Price is just one season removed from playing only 12 games due to an MCL injury.

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