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Canadiens sign P.K. Subban to two-year, $5.75M contract

Jan 28, 2013, 7:30 PM EDT

Despite some tense moments, P.K. Subban signed a two-year contract with the Montreal Canadiens on Monday.

TVA Sports Louis Jean reports that the deal is worth $5.75 million overall, with 2012-13 paying out $2 million and 2013-14 providing a $3.75 million salary. That’s impressive work for new Habs GM Marc Bergevin, who apparently did hold strong and convinced Subban to take a deal worth just a little more than fellow RFA blueliners Dmitry Kulikov and Michael Del Zotto.

In fact, if you’re a Habs fan or Bergevin, this calls for a triple low-five (via Getty):

source: Getty Images

The team announced that Subban will join the team on Wednesday, although that doesn’t guarantee he’ll play against Ottawa on that day. He’ll miss Tuesday’ match versus Winnipeg for sure, then.

The 23-year-old has played an increasingly large role in Montreal’s defense since becoming a regular in 2010-11. Subban scored seven goals and 36 points last season, which represented a drop-off from 2010-11, but his 24:18 minutes per game showed that he was a cornerstone of the team’s defense.

Getting him for less than $3 million for the next two seasons (a $2.875 million cap hit, to be exact) is quite the steal.

Of course, it only holds off the next potential big payday, as this bridge deal covers Subban and the Canadiens until the 2014 off-season.

  1. joethorntonisclutch - Jan 28, 2013 at 7:34 PM

    What did I say! They paid the kid!

    • hockeyflow33 - Jan 28, 2013 at 7:56 PM

      Umm, no they kept him at the low number they wanted.

    • dcfan4life - Jan 28, 2013 at 10:16 PM

      The entire article is how the Habs stole Subban and you think he got paid. Wow…

  2. cmonmanzz - Jan 28, 2013 at 7:40 PM

    Great news for our team. If he can avoid turnovers he’s going to help us big time!

    • kovodisc - Jan 29, 2013 at 2:31 PM

      ya…maybe you’ll actually make the playoffs this year!

  3. guitarmy204 - Jan 28, 2013 at 7:55 PM

    He’ll be playing for another team once this contract is over because he will have 1.5 phenomenal years and the Habs will not pay the money he will want, which will be more than what he wanted now.

    • killerpgh - Jan 28, 2013 at 8:14 PM

      He will still be an RFA after this contract is over.

      • 1943mrmojorisin1971 - Jan 28, 2013 at 9:34 PM

        Even so, if the Habs try to lowball him again he might just ask for a trade.

      • elrock7 - Jan 28, 2013 at 10:13 PM

        Geez the guy is an overpaid, over-rated big mouth who has done basically nothing for the Habs except give the puck away more than anyone can count.

        He wanted more money and longer term because he peaked 2 years ago!

  4. nogoodtomedead - Jan 28, 2013 at 8:04 PM

    Probably accepted this deciding that at 25 he’ll be in line for 7 million per.

    • stakex - Jan 28, 2013 at 8:35 PM

      Not unless his numbers and overall play improve ALOT.

      Perhaps its just because Montreal doesn’t have any other really top defensemen, but there is a false notion that Subban is the second coming of Nicklas Lidstrom… and hes not even in the same ball park. Subban is a solid defensemen who has put up respectable numbers over the last two seasons, but they are not super star numbers. Heres his stats from last year:

      36th in goals (7)
      28th in points (36)
      47th in +/- (+9)
      1st in PIM (a whopping 119… only three defensemen had more then 100)
      150th in S%.

      Those aren’t bad numbers for the most part, especially when you consider he was playing for a crappy team. However those are in no way, shape, or form $7 million a year numbers…. and if Subban doesn’t stop turning the puck over, and taking a laughable amount of penelties (most of them bad penelties) hes lucky if he gets $3.5 million a year in his next deal.

      • thecheeman - Jan 28, 2013 at 9:48 PM

        I was right there with you until you said he’d be lucky to get 3.5M

      • misterchainbluelightning - Jan 28, 2013 at 9:53 PM

        +/- is a poor stat that involves 5 other people
        You left out the amount of ice-time he gets, 19th in the NHL last year
        You left out that he was 7th in Dmen in getting shots in on the net
        And “alot” isn’t a word

      • stakex - Jan 28, 2013 at 10:37 PM

        @thecheeman Well you’re correct actually, because he will get at least $3.75 million. That was a mistake on my part since I forgot he will be a RFA after this deal expires and Montreal has to give him at least what he made in his last deal. Still, if his play doesn’t show any sort of drastic improvement, hes not really worth that with the lower salary cap.

        @misterchainbluelightning – First of all +/- is tough to judge value with, but its certainly a factor. Also, those other stats are hits against Subban… he was 19th in ice time, and only 28th in points. More ice time should mean more points, and his high shot total is why his S% was ranked 150th. Taking shots is great, but scoring is what matters.

        Oh, and yes…”alot” isn’t a word Mr. grammar police. I didn’t realize I had typed it until after I had posted the comment. I suppose I could also point out your lack of periods, the use of the non-word “Dmen”, starting a sentence with a conjunction, and your failure to spell out numbers less then 10. All are clear grammar violations that a grammar cop such as yourself shouldn’t make.

  5. ravenscaps48 - Jan 28, 2013 at 8:15 PM

    Terrible. I was hoping he stayed put. He is a very good defenseman and makes less than Jeff Schultz? Wow. Sorry P.K.

  6. kicksave1980 - Jan 28, 2013 at 8:22 PM

    All that time away and he took that offer? Not saying that he is or isn’t worth the number (I think he is), but I was expecting him to hold out for a longer and higher amount. Either he had a significant change of heart or the Canadiens were really low-balling him.

    • hockeydon10 - Jan 29, 2013 at 8:18 AM

      They were offering 2 years, 5.2M.

      He got them to come up slightly, but I’d bet the Habs got him to come down quite a bit.

  7. pittguy69 - Jan 28, 2013 at 8:27 PM

    How do you say CHAMPIONSHIP in French Canadian ?

    • stakex - Jan 28, 2013 at 8:36 PM

      I dont think anyone remembers…

    • kovodisc - Jan 29, 2013 at 2:34 PM

      “Le Bruins”

  8. anthonydavis2013 - Jan 28, 2013 at 8:36 PM

    Reblogged this on brain dead drivel and commented:
    My team just keeps getting better this year. Keep it up Habs!

    • hockeyflow33 - Jan 29, 2013 at 2:44 AM

      No one cares about your horrible blog, don’t reblog this and don’t tell us you did.

      • anthonydavis2013 - Jan 29, 2013 at 10:44 PM

        I will reblog what I want to my man. Button is there for a reason.

      • hockeyflow33 - Jan 30, 2013 at 3:05 AM

        It’s to help us pinpoint the biggest douchebags on the forum

  9. stakex - Jan 28, 2013 at 8:38 PM

    Subban was paid what hes worth. In fact, hes making more then hes worth next season. That could change if he shows an uptick in his play, but you can’t assume thats going to happen. If it does, then he gets a bigger payday in a couple years.

  10. broadstbully33 - Jan 28, 2013 at 8:52 PM

    Who has ever compared Subban to Lindstrom?

    • govtminion - Jan 28, 2013 at 10:31 PM

      Plenty of people, but they’re all at his family table at Christmas.

    • stakex - Jan 28, 2013 at 10:40 PM

      Probably noone, but I have heard plenty of people say hes worth $7-8 million…. and no defense these days if worth that kind of money unless they put up Lindstrom like numbers.

  11. malvaren18 - Jan 28, 2013 at 8:55 PM

    This guy better start strong, I need him to pick up some points right away I picked him on a hockey pool and his being taking too long

  12. hockeywithdrawal - Jan 28, 2013 at 9:09 PM

    That’s an awesome job and whether PK thinks so or not, it’s fair. He has a lot to learn before he’s worth more. Love the comment showing his rank…it proves everything.

  13. icelovinbrotha215 - Jan 28, 2013 at 9:14 PM

    Ah. There goes my wish haha. Good to see both sides come to some type of compromise though.

  14. ryanw822 - Jan 28, 2013 at 10:02 PM

    lol@ Subban.

    Doesnt he realize that he’s suppose to get paid more because Montreal overrates their players? Instead he gets exactly what he’s worth.

  15. z561 - Jan 28, 2013 at 11:41 PM

    Overrated.

  16. joewilliesshnoz - Jan 28, 2013 at 11:54 PM

    Best slew footer in the league.

  17. phillyphanatic77 - Jan 29, 2013 at 1:42 AM

    Even if Subban is overrated this is still an excellent deal for the Habs. If he simply matches his production from last season it’s a bargain for an athletic, young offensive defenseman. I thought for sure Bergevin was going to cave a little and atleast give him $3.5 to $4 per year. I guess PK realized he had almost no leverage since no team was willing to consider giving him a substantial offer sheet. He’ll be a solid addition to a deep Montreal blueline.

  18. travishenryskid - Jan 29, 2013 at 9:16 AM

    Great contract. I wish the Sabres had done something like this with Myers before shelling out the big money.

  19. dprouse - Jan 29, 2013 at 9:51 AM

    Hats off to Bergevin for holding firm with a player who had no leverage. Every GM in the League should be buying Bergevin dinner when they see him next, because he just helped them hold the line in their negotiations.

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