Price's new contract makes him highest-paid goalie in NHL history
Carey Price is making bank.
The Montreal Canadiens netminder will become the highest-paid puck stopper in NHL history thanks to his recently-signed mega extension.
The deal is worth $84 million over eight years, with $70 million paid out in signing bonuses. That means Price will receive eight one-time payments every July 1 over the life of the contract, including $13-million checks when Canada Day arrives in 2018 and 2019. He'll also earn another $2 million in salary over each of those first two seasons.
Price will earn $7 million in salary on the final year of his existing pact. His new contract begins in 2018-19 and expires in the summer of 2026. Here is the full breakdown, as per CapFriendly:
| Season | Cap Hit | Salary | Signing Bonus |
|---|---|---|---|
| 2018-19 | $10.5M | $15M | $13M |
| 2019-20 | $10.5M | $15M | $13M |
| 2020-21 | $10.5M | $9.75M | $8.75M |
| 2021-22 | $10.5M | $13M | $11M |
| 2022-23 | $10.5M | $7.75M | $6.75M |
| 2023-24 | $10.5M | $8.5M | $6.5M |
| 2024-25 | $10.5M | $7.5M | $5.5M |
| 2025-26 | $10.5M | $7.5M | $5.5 |
Beginning in 2018-19, Price will earn double the salary of the NHL's next highest-paid netminder, as the New York Rangers' Henrik Lundqvist will take home $7.5 million. Here's how the top-five highest-paid goalies will stack up:
| Goalie | Salary | Cap Hit |
|---|---|---|
| Price | $15M | $10.5M |
| Lundqvist | $7.5M | $8.5M |
| Tuukka Rask | $7M | $7M |
| Jonathan Quick | $7M | $5.8M |
| Pekka Rinne | $7M | $7M |
From a historical perspective, Price's new deal also tops the goaltending legends, as he'll see more money than the top-three all-time winningest goalies:
| Goalie | Wins | Stanley Cups | Highest Salary | Career Earnings |
|---|---|---|---|---|
| Martin Brodeur | 691 | 3 | $6.89M (2002 and 2003) | $73.1M |
| Patrick Roy | 551 | 4 | $8.5M (2002 and 2003) | $56.8M |
| Ed Belfour | 484 | 1 | $7M (2004) | $50M |
(Figures as per NHL Salary History Database)
Price, 29, appeared in 62 games with the Canadiens last season, posting a 37-20-5 record with a .923 save percentage.
In 2014-15, he took home four major awards, including the William Jennings, the Ted Lindsay Award, the Vezina Trophy as the league's top goaltender, and the Hart Trophy as the NHL MVP.
Last season, Price passed Ken Dryden for third all time in Canadiens' franchise wins. He now stands at 270 victories and could leapfrog both Roy (289) and Jacques Plante (314) as soon as next season.