Montreal’s week-long nightmare is at an end. The Canadiens announced today that they’re re-signed restricted free agent goalie Carey Price to a two-year contract. The rumored worth of the deal is believed to be worth $5.5 million according to Renaud Lavoie of RDS in Montreal. That’s good for a cap hit of $2.75 million.
This week turned out to be a bit of a bumpy road for fans in Montreal as far as Price was concerned. First there was a report about how Price wanted $3 million a year or else he was going “on strike” to which his agent denied up and down saying it was untrue.
All told, if $3 million was his starting point, Price will be able to see that in the second year of his contract as the breakdown works out to be $2.5 million this season and $3 million next season. Everyone gets what they want and at a nice, cap-friendly number for a guy who will now be Montreal’s #1 goalie no matter what.