In the 11th hour so to speak, the Montreal Canadiens and their star defenseman finally agreed to terms on a new deal today, putting an end to a sort of “PK hysteria” that had taken over the city.
PK Subban signs a deal to remain a Hab for 8 years with an annual cap hit of 9 million dollars, or 13.04% of the current salary cap of 69 million. It also solidifies a good young core for the Habs who already have Max Pacioretty and Carey Price locked for 5 and 4 more years respectively.
The new deal makes Subban the defenseman with the highest cap hit in the National Hockey League. it also places him at the very top among his peers in terms of highest cap % committed in the first year of a new deal. The value seems to be a tad high for what he’s accomplished thus far, but it gives the Canadiens what will be a very cap-friendly deal in years 4 through 8, if he continues to perform as a top 5 NHL defenseman.
Subban has 167 points in 284 career regular season games, to go along with 30 points in 43 playoff games. He also took home the Norris trophy as the NHL’s best defenseman in 2012-13 when he was a first team all-star.
So… Can we put off storming Marc Bergevin’s office with pitchforks until at least the trade deadline now?
Thanks for reading.