Report: Canucks, Demko closing in on extension

VANCOUVER, BC - FEBRUARY 04: Vancouver Canucks goaltender Thatcher Demko (35) watches the play during the second period of an NHL game between the Colorado Avalanche and the Vancouver Canucks on Tuesday, February 4, 2025 at Rogers Arena in Vancouver, B.C.
Icon Sportswire / Getty

The Vancouver Canucks and goaltender Thatcher Demko are closing in on a contract extension, reports Daily Faceoff's Frank Seravalli.

Demko isn't eligible to sign a new deal until Tuesday. He's entering the final season of a five-year contract signed in 2021 that has a $5-million cap hit. The two sides are working on the money and structure of the agreement, TSN's Darren Dreger reports.

The 29-year-old posted an .889 save percentage and a 2.90 goals-against average in 23 games this season. He was a Vezina Trophy finalist in 2024 after he had a .918 SV% and went 35-14-2 over 51 appearances.

Demko has struggled to stay healthy over the past year. A knee injury ended his 2024 playoff run prematurely and kept him out of the lineup until December. He sustained another lower-body injury in February that sidelined him for 15 games.

The American has totaled 242 games over 10 NHL seasons and has a career .910 SV%.

The Canucks signed goaltender Kevin Lankinen to a five-year contract extension with a $4.5-million cap hit in February.

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