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.
Mar 11, 2014, 7:49 PM EDT
On the bright side, there’s the Batmobile.
Mar 11, 2014, 7:19 PM EDT
The Pens have won seven in a row vs. Washington, including Monday.
Mar 11, 2014, 5:33 PM EDT
Because there’s a really good chance they will.
Mar 11, 2014, 4:56 PM EDT
Big development for the ‘Hawks.
Mar 11, 2014, 4:47 PM EDT
Click for the details.
Mar 11, 2014, 4:26 PM EDT
All the latest from the blue paint…
Mar 11, 2014, 3:54 PM EDT
“We played well in the first game, but then it all disappeared.”
Mar 11, 2014, 3:49 PM EDT
The sons of George and Brian, respectively.
Mar 11, 2014, 2:49 PM EDT
Whether he does or not will impact the Flyers’ roster.
Mar 11, 2014, 2:41 PM EDT
A big defenseman from Lake Superior State.
Mar 11, 2014, 2:18 PM EDT
Burly power forward’s in the midst of a disappointing season.
Mar 11, 2014, 1:51 PM EDT
“It’s great to have him around,” said Wild head coach Mike Yeo.
Mar 11, 2014, 12:47 PM EDT
Dallas GM Jim Nill also released a statement.
Mar 11, 2014, 12:38 PM EDT
“We need to take this one, especially if there’s a four-point swing,” says d-man Brendan Smith.
Mar 11, 2014, 12:25 PM EDT
Rough season for him, to say the least.
Mar 11, 2014, 12:12 PM EDT
Suffered third straight loss on Monday night vs. Toronto.
Mar 11, 2014, 12:07 PM EDT
“The fans won’t have it. The players won’t have it. And even if you hire a new GM, there is no way he’ll have it.”
Mar 11, 2014, 10:52 AM EDT
He thinks the Panthers have a shot at winning the Stanley Cup before he retires.
Mar 11, 2014, 10:02 AM EDT
The Calgary Flames were already missing several forwards.
Mar 11, 2014, 9:12 AM EDT
Nothing’s official, but it sounds like he’ll stick with the Buffalo Sabres after all.
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