Canadiens sign Carey Price to eight-year contract extension

Markov price likely too high for Canadiens

Then-GM Bob Gainey envisioned Price as the goalie of the future when they picked him and they wasted little time getting him to the National Hockey League, giving him 41 games as a 20 year old rookie back in 2007-08. Despite some injury concerns, there are few players in the game today that can change a game, or a season the way Price can when he suits up for his team.

The 29-year-old Price has one year left in his current contract, after which the new one will kick in.

Most recently appearing in 62 regular-season games as a member of the Canadiens, Price registered a 37-20-5 record alongside a 2.23 goals against average and a.923 save percentage. In 2014-15, Price set a Canadiens record for a goaltender with 44 wins, on his way to earn the Hart, Vezina, Jennings and Ted Lindsay trophies.

Re-signing Price probably was at the top of the to-do list for the Habs this off-season, and for good reason, as he has been the backbone of the team for many seasons.

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With Price's deal now done the Canadiens will have $18.3 million in salary cap space dedicated to him and defenseman Shea Weber through the end of the 2025-26 season.

Connor McDavid is nearing an eight-year extension with the Edmonton Oilers that will reportedly surpass $13 million annually on the cap.

While signing Price to an extension was a priority for Canadiens General Manager Marc Bergevin, there is still some unfinished business.

Price's signing comes on the heels of a busy first day of free agency for Bergevin.

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