Carey Price signs 8-year extension to remain with Habs

Asked about the contract making him among the highest-paid players in the league, Price said, "Our camp felt that that's where we should be". The Canucks desperately hope the money they invested in free agency pays off better than it did last year when Loui Eriksson had his lowest point total in a decade during the first season of his $36 million, six-year contract. There was the run to the 2014 Eastern Conference Final, cut short for him when Rangers' forward Chris Kreider barreled into Price in Game One and knocked him out of the playoffs.

Sign Price to an eight-year, $84 million extension a full year before he reaches unrestricted free agency and critics howl that the Canadiens are spending far too much of their salary cap space, roughly 14 percent to start, on a goalie, and everyone knows through recent history that the highest-paid goaltenders, or even the best netminders, do not win Stanley Cups, the best teams do.

The question as the Habs head towards 2018-19 will be how to fit in this $10.5 million cap hit, the highest in the league (for a few days at least).

Bergevin said it would be possible to sign both Markov and Radulov if they accepted the Canadiens offer, but he also made it clear that if one of them decides to sign, it will become more hard to sign the other.

"There's no doubt we want to bring Radulov back to Montreal, but not on his terms", Bergevin said.

"We made really, really good offers to these guys", Bergevin said.

Montreal Canadiens GM Marc Bergevin discusses how some of the negotiations developed culminating in a new eight-year deal for goalie Carey Price. To put it into perspective, the Habs now have $53 million in cap space tied up to 14 players for the 2018-19 season, when the $4 million salary jump will take place.

The Montreal Canadiens have given a lengthy contract extension to their most important player. Markov and Radulov are just the first ones to feel that impact.

  • Stacy Allen