Aug 2, 2014, 2:54 PM EST
The Montreal Canadiens and P.K. Subban weren’t able to come to an understanding before their arbitration hearing Friday morning. That’s water under the bridge now though as Montreal has announced that Subban has agreed to an eight-year extension.
The arbitrator hadn’t ruled on Subban’s case yet and that decision is now unnecessary. Subban’s eight-year agreement with Montreal will start with the 2014-15 campaign.
Montreal didn’t disclosed the financial terms of the contract, but its worth $72 million, according to TSN’s Bob McKenzie. That means Subban will have the third highest cap hit in 2014-15, behind only Alex Ovechkin and Evgeni Malkin. Jonathan Toews and Patrick Kane will surpass all three of them with their matching $10.5 million cap hits, but their contracts won’t take effect until 2015-16.
This marks the end of a period of intense speculation and uncertainty surrounding the future of the 25-year-old defenseman. After missing the start of the shortened 2013 campaign as a restricted free agent, Subban agreed to a two-year, $5.75 million bridge contract. He went on to win the Norris Trophy in 2013 and finished the 2013-14 season with 10 goals and 53 points in 82 games.
He has made it clear that he wants to spend his career with the Canadiens, but immediately following his hearing, the prospects of him getting a long-term deal this summer looked bleak. Now his position as one of the cornerstone’s of this franchise going forward has been cemented.
Dec 27, 2014, 1:00 AM EST
Dec 27, 2014, 12:05 AM EST
No official word from New Jersey.
Dec 26, 2014, 10:49 PM EST
This was over early.
Dec 26, 2014, 10:00 PM EST
It’s hitting the fan for New Jersey.
Dec 26, 2014, 8:30 PM EST
Long-time play-by-play man Bob Cole also recognized.
Dec 26, 2014, 7:00 PM EST
Will be filling the spot vacated by the suspended John Scott.
Dec 26, 2014, 5:38 PM EST
Decent start for the Americans at the World Juniors.
Dec 26, 2014, 4:30 PM EST
New Jersey has three of the five oldest skaters in the NHL.
Dec 26, 2014, 3:30 PM EST
The Anaheim Ducks have been good — or is it lucky? — in one-goal games.
Dec 26, 2014, 2:30 PM EST
Connor McDavid headlines a loaded host side that hasn’t won gold since 2009.
Dec 26, 2014, 1:28 PM EST
Dec 26, 2014, 12:43 PM EST
New Jersey off to a disappointing 12-17-7 start. The coach pays the price.
Dec 26, 2014, 12:34 PM EST
Brandon Sutter cleared.
Dec 26, 2014, 11:59 AM EST
Put Matt Duchene on the list of supporters.
Dec 26, 2014, 11:17 AM EST
“That was something that wore on guys.”
Dec 26, 2014, 10:20 AM EST
He already grabbed the franchise’ assists mark in that category.
Dec 26, 2014, 9:39 AM EST
They picked him over Eric Comrie.
Dec 26, 2014, 8:31 AM EST
Boxing Day links.
Dec 25, 2014, 10:00 PM EST
The waters are being tested with a ticket drive.
Dec 25, 2014, 9:00 PM EST
Sidney Crosby and Corey Perry are just two of the players that have been inflicted by the NHL outbreak.
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