Report: Canadiens ‘Have A Significant Offer On The Table’ For P.K. Subban

P.K. SubbanThe Montreal Canadiens and defenseman P.K. Subban have an arbitration hearing scheduled for Friday morning, but they might come to terms on a contract agreement before that point.

Sportsnet’s Chris Johnston reported Thursday that the Habs have offered the 2013 Norris Trophy winner a long-term pact.

“It’s very likely still that P.K. Subban is going to agree to a long-term deal before this goes to an arbitrator,” Johnston reports.

“I’ve been told (the Canadiens) have a significant offer on the table, believed to be an eight-year deal,” Johnston continues. “In these final hours it’s just about trying to massage that number back and forth and get to that final point.”

Subban reportedly is seeking $8.5 million for the 2014-15 season in arbitration, while the Canadiens have countered with $5.25 million. Settling in arbitration is rare, and the last player to go to arbitration was Nashville Predators defenseman Shea Weber in 2011. His award of $7.5 million for the 2011-12 season is the highest ever in arbitration.

Subban tallied 53 points (10 goals, 43 assists) in 82 games during the 2013-14 campaign. He added 14 points (five goals, nine assists) in 17 playoff games as the Canadiens advanced to the Eastern Conference finals.

H/t to Thomas Drance at

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