Jul 18, 2013, 4:00 PM EDT
The Colorado Avalanche made a big splash on Thursday, signing Matt Duchene to a five-year contract extension.
According to Stephen Whyno of the Canadian Press, the deal is worth $30 million overall, good for an average annual cap hit of $6 million.
“Matt already is and will be a big part of our team’s nucleus for the long term,” Avs vice president Joe Sakic said in a statement. “We all felt that it was important for us to secure his rights for several seasons.
“With his great skills, speed and character, he represents the identity we want the Avalanche to be.”
Duchene, 22, has been arguably the face of the franchise since debuting as an 18-year-old in 2009-10.
As the Avs noted in their press release, he already ranks 30th on the franchise’s all-time scoring list with 193 points in 266 career games.
Last year, Duchene tied for the Avalanche scoring lead with 43 points, leading the club with 26 assists.
This new extension is likely a reward for the deal Duchene signed last June.
Eyebrows were raised when he inked a modest two-year, $7 million deal, but it now appears both club and player were on the same page, looking to ink a more lucrative extension down the road.
“In 2009, I was thrilled to have been selected by the Avalanche, my favorite team,” Duchene told the Avs website. “I have worn this uniform with pride in my first four professional seasons in Denver, and I appreciate the organization believing in me for the long-term future.”
With the signing, Duchene will become the club’s second-highest paid player — only Paul Stastny has a higher ($6.6 million) cap hit.
He’ll also be making slightly more than fellow 2009 draftee John Tavares (Tavares went first overall, Duchene third), as Tavares pulls an annual cap hit of $5.5 million on his six-year, $33 million deal.
Finally — it’ll be interesting to see how the Duchene deal affects Colorado’s future negotiations. Two big contracts are on the horizon, as both Ryan O’Reilly and Gabriel Landeskog are set to become RFAs in 2014-15.
O’Reilly made $10 million over two years on his last deal (thanks to Calgary’s offer sheet, which Colorado matched). Landeskog will be in the final year of his entry-level deal.
May 23, 2015, 11:45 AM EDT
A formal announcement could come as early as next week.
May 23, 2015, 10:40 AM EDT
He’ll serve as an assistant to GM Don Maloney.
May 23, 2015, 9:43 AM EDT
He would be eligible for this year’s draft, if he doesn’t come to terms by June 1.
May 23, 2015, 12:26 AM EDT
But will it last?
May 22, 2015, 11:42 PM EDT
Kucherov, Paquette, and Glass all receive misconduct penalties.
May 22, 2015, 11:10 PM EDT
The score was one-sided, but this game could have gone the other way if not for the Rangers’ netminder.
May 22, 2015, 10:40 PM EDT
Leon Draisaitl’s late goal can’t turn the tide.
May 22, 2015, 9:53 PM EDT
Keith Yandle got his first marker of the playoffs.
May 22, 2015, 9:04 PM EDT
Will we see more goals like that from him before the playoffs are over?
May 22, 2015, 8:08 PM EDT
All three of their teams are still in the running for the Stanley Cup.
May 22, 2015, 7:35 PM EDT
San Jose has been linked to several high profile coaches.
May 22, 2015, 6:31 PM EDT
He was credited with turning around the Red Wings’ power play.
May 22, 2015, 6:01 PM EDT
Will New York be able to contain Tampa Bay this time around?
May 22, 2015, 5:30 PM EDT
“No one wants to back up. Everyone wants to play.”
May 22, 2015, 4:34 PM EDT
Not only did the Ducks block 27 shots last night, they clogged up the neutral zone too.
May 22, 2015, 3:25 PM EDT
Can’t imagine Teuvo Teravainen was, either.
May 22, 2015, 2:24 PM EDT
Canucks GM witnessed the goalie get a shutout in the AHL playoffs.
May 22, 2015, 1:41 PM EDT
Coach Q: “He’ll need a few days out here. We’ll get an evaluation and go from there.”
May 22, 2015, 1:38 PM EDT
Son of ex-NHLer Brian is off to Boston University next year.
May 22, 2015, 1:05 PM EDT
“It’s been real special, to say the least.”
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