Montreal Canadiens franchise goaltender Carey Price was inked to an enormous contract extension Sunday afternoon.
The likely Hall of Famer agreed to an eight-year extension worth a reported $84 million. This deal won’t go into effect until the 2018-19 campaign because Price’s current contract expires at the end of next season.
The new contract also makes the Canadiens’ superstar the highest paid goaltender in the NHL. His $10.5 million salary cap hit is the largest in the league among all players.
Most of the money that will be paid out to Price will come as a signing bonus.
So $70 million worth of signing bonuses in Price's $84 million contract. Wow.
— Pierre LeBrun (@PierreVLeBrun) July 2, 2017
Re-signing Price probably was at the top of the to-do list for the Habs this offseason, and for good reason, as he has been the backbone of the team for many seasons.
Price has 270 career wins along with a .920 save percentage and a 2.40 goals against average. He also led Canada to an Olympic gold medal in 2014.
Thumbnail photo via Jean-Yves Ahern/USA TODAY Sports Images
