The Montreal Canadiens had two choices. They could stick to their guns, refuse to give P.K. Subban a massive contract and lose one of the five-to-10 best defenceman in the game of hockey. Or they could sign him long term at a cap hit larger than any other defenceman’s in the league.
Wisely, they chose Option B, signing the rearguard to an eight-year extension:
And while Subban’s contract may seem exorbitant, it really isn’t, and it won’t be long before even the appearance of exorbitance is a thing of the past.
On one hand, the NHL has arrived in a new era, an era of massive cap hits for true superstars. On the other, this really isn’t a new era at all; it’s simply the direct and obvious consequence of the league forcing NHL teams to stop hiding reality.
The simplest way to illustrate this is with a quick look at CapGeek.com.
Looking at the top cap hits in the NHL, Subban’s $9.0 million figure currently ranks No. 3, behind only Alex Ovechkin and Evgeni Malkin (the new deals for Jonathan Toews and Patrick Kane do not kick in until 2015-16). T ...
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Article written by Jonathan Willis
What the P.K. Subban Deal Means for NHL Superstars’ Contracts Going Forward
August 3rd, 2014 by Jonathan Willis Leave a reply »
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