To no one’s surprise, the Habs have signed star goalie Carey Price to a long term deal just a day after Price became eligible for an extension.

The contract will be an 8-year, $84 million deal that comes with an annual cap hit of $10.5 million. This deal will take Carey Price up to the age of 38. As Price is still under his original $6.5 million cap hit for the next season, the new deal will not count towards Montreal’s cap until the 2018-19 season. Of the $84 million Price will be earning, $70 million of it will come in signing bonuses.

His $10.5m average will be tied with Jonathan Toews and Patrick Kane for the highest in the NHL (until the rumored McDavid signing). It is also $2m more than the next highest paid goalie in Henrik Lundqvist. Although the price may be very high, the Habs absolutely needed to get their franchise player signed up long term at all costs. Canadiens fans should have no worries about this deal, and just be glad that their star player and the best goalie in the world will be a part of the Habs for 8 years to come.

Stay tuned as we will be posting an in-depth analysis on the Price signing sometime tomorrow.

Habs Sign Carey Price to 8-Year, $84 Million Deal
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Habs Sign Carey Price to 8-Year, $84 Million Deal
The Habs have locked up star goalie Carey Price with a massive 8-year, $84 million contracts. Find all the details on the newly signed contract here!
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Puck Planet
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Thomas D'Onofrio

Thomas D'Onofrio is the 16-year-old writer for the website Puck Planet. Anything Thomas usually does revolves around the sport of hockey. He has been a huge Montreal Canadiens fan since the young age of 4, as well a big hockey fan in general. He has also been playing hockey for over 10 years. It has always been a dream of his to make a living our of the sport he loves, whether it is in media, management, or actually playing hockey at a high level. By being able to write for Puck Planet, he has taken the first big step towards reaching his dreams. He hopes for a long, successful tenure with Puck Planet, with many great things to come in the future! Feel free to follow his Twitter @TDonofrio31, for constant Habs and Hockey tweets.

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