Skip to content

Subban signs eight-year, $72 million contract

Aug 2, 2014, 2:54 PM EDT

P.K. Subban AP

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.

Latest Posts
  1. Former NHL forward Berezin arrested for alleged fraud

    Jul 29, 2015, 10:40 PM EDT

    Sergei Berezin Getty Images

    He played in 502 games, primarily with the Toronto Maple Leafs.

  2. Coyotes sign German League standout goalie Treutle

    Jul 29, 2015, 9:12 PM EDT

    Niklas Treutle Getty Images

    The 24-year-old gives agreed to an entry-level deal.

  3. Shero: Buying out Zubrus creates flexibility to add forward

    Jul 29, 2015, 6:27 PM EDT

    Dainius Zubrus Getty Images

    “It really wasn’t about Dainius himself.”

  4. Gillette Stadium will host Bruins-Habs alumni game ahead of Winter Classic

    Jul 29, 2015, 3:31 PM EDT

    2016 Winter Classic Logo

    The contest will air on Dec. 31 while the Classic itself is scheduled for 1:00 p.m. ET on Jan. 1.

  5. Ryan Murray: ‘I have to show up and prove it’

    Jul 29, 2015, 2:28 PM EDT

    Ryan Murray AP

    Staying healthy would help, too.

  6. Voynov serving sentence at jail that once advertised it had flat screen TVs

    Jul 29, 2015, 1:22 PM EDT

    2014 NHL Stanley Cup Final - Game Five Getty Images

    The Seal Beach Detention Center isn’t exactly Shawshank.

  7. Campbell credits ECHL stint for turning his game around

    Jul 29, 2015, 1:03 PM EDT

    Dallas Stars training camp Getty Images

    “I relaxed down there and came back with the same attitude and everything kind of took care of itself.”

  8. Zubrus on unconditional waivers for purpose of terminating his contract

    Jul 29, 2015, 12:34 PM EDT

    New York Rangers v New Jersey Devils Getty Images

    Veteran forward had just four goals and six assists in 74 games last season.

  9. Talbot knows he has a ‘great opportunity’ in Edmonton

    Jul 29, 2015, 11:09 AM EDT

    Cam Talbot AP

    Can he give the Oilers the goaltending they so badly need?

  10. Report: Rangers prospect Andersson headed to North America

    Jul 29, 2015, 9:00 AM EDT

    ERC Ingolstadt v EV Zug - Champions Hockey League Getty Images

    Spent last season with Lugano in the Swiss League.

  11. Report: Visnovsky considering European options

    Jul 28, 2015, 9:38 PM EDT

    WASHINGTON, DC - FEBRUARY 04: Lubomir Visnovsky #11 of the New York Islanders in action against the Washington Capitals at the Verizon Center on February 4, 2014 in Washington, DC. The New York Islanders won, 1-0. (Photo by Patrick Smith/Getty Images) Getty Images

    Potentially a move to Switzerland, or the Czech League.

  12. Sabres name Cunneyworth AHL head coach

    Jul 28, 2015, 8:39 PM EDT

    Randy Cunneyworth Getty Images

    Returning him to Rochester for a third time.

  13. Orpik undergoes wrist surgery, should be ready for season opener

    Jul 28, 2015, 7:39 PM EDT

    PA: Washington Capitals v Pittsburgh Penguins Getty Images

    Washington d-man is expected to miss the next two weeks of offseason training.

Top 10 NHL Player Searches
  1. D. Stepan (2479)
  2. B. Holtby (2468)
  3. G. Bettman (2326)
  4. A. Larsson (2255)
  5. A. Semin (1635)
  1. L. Couture (1463)
  2. J. Toews (1450)
  3. A. Chiasson (1360)
  4. C. Ehrhoff (1334)
  5. M. Johansson (1295)