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Price Signs Six-Year Extension With Montreal

MONTREAL – Montreal Canadiens general manager Marc Bergevin announced Monday the signing of goaltender Carey Price to a six-year contract (2012-13 to 2017-18). As per club policy, financial terms of the agreement were not disclosed.

Price, 24, completed his fifth season with the Canadiens in the NHL in 2011-12. In 65 games, the 6’03’’, 221 lbs goaltender maintained a record of 26 wins, 28 losses and 11 overtime/shootout losses. He recorded four shutouts with a 2.43 goals against average. Price stopped 1,754 of the 1,914 shots he faced for a .916 save percentage.

added 5:43pm, via Nick Kypreos tweet,

Price gets 39M for 6 yrs

Filed in: NHL Teams, Montreal Canadiens, | KK Hockey | Permalink
  Tags: carey+price

Comments

shazam88's avatar

It’s been reported as $39MM, so if correct, that’d be a $6.5MM cap hit.

Posted by shazam88 from SoCal on 07/02/12 at 06:45 PM ET

Keyser S.'s avatar

Holy crap that’s a lot of money for him. Is price really 3x the goalie as howard?

Posted by Keyser S. on 07/02/12 at 06:54 PM ET

Avatar

Keyser: Quebec has a much higher tax rate, so that explains a chunk of the difference, regardless of where you rate talent, etc. Term as well - had it been ten years, it’d be $5 or $5.5 million. $6.5 million for six years seems about right.

Posted by The Upper Canadien from Toronto on 07/02/12 at 07:56 PM ET

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Paul Kukla founded Kukla’s Korner in 2005 and the site has since become the must-read site on the ‘net for all the latest happenings around the NHL.

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