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Canadiens sign Price to eight-year extension worth reported $84M

As anticipated, the Habs wasted little time taking care of Carey Price’s new contract, signing the netminder to an eight year, $84 million extension on Sunday. The deal comes with a cap hit of $10.5 million per season and was originally announced by Eric Engels and was soon confirmed by the Canadiens on Twitter. The deal won’t begin until the 2018-19 season and is the biggest contract given to a goaltender in National Hockey League history as well as the largest deal in Canadiens history.A new deal for Price was nearly a certainty for the Canadiens, who have continued to retool their team for a run at a Stanley Cup.Price has been a linchpin for the Canadiens through his career in Montreal.In his first season as the undisputed starter back in 2010-11, Price set a career high in games played with 72 and solidified himself as a high end number one. He won the Vezina and Hart Trophies in 2015. He has a 2.40 goals against average in his career to go along with a.920 save percentage and ranks fourth all-time in Canadiens history with an impressive 39 shutouts.Getting Price’s contract taken care of now helps the Canadiens avoid a major headache, since he was nearly certainly going to be the best goaltender on the free-agent market this time next summer.Connor McDavid is nearing an eight-year extension with the Edmonton Oilers that will reportedly surpass $13 million annually on the cap. When looking at the Canadiens success in recent years, it’s clear that the team runs through Price.