The Kings announced on Thursday that they have agreed to terms on a 10-year contract extension with their Conn Smythe winning goaltender.
Renaud Lavoie of RDS reports it's worth $58 million.
As was the case with the 12-year contract extension Sidney Crosby agreed to in Pittsburgh on Thursday, Quick's deal can't officially be signed until July 1.
The new deal also won't kick in until the 2013-14 season as Quick still has one-year remaining on his current contract that will pay him $1.8 million this upcoming season. The reported $5.8 million cap hit would give him the the seventh largest salary cap figure in the league among goalies.
Quick had a sensational season for the Kings, finishing with a .929 save percentage which was fifth best in the NHL. He was even better in the playoffs as the Kings won their first ever Stanley Cup in just 20 games, rolling through the top-three seeds in the Western Conference and the Eastern Conference champion New Jersey Devils. It was a performance that earned him the Conn Smythe as playoff MVP.
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The question now becomes whether or not can he repeat it, or at least come close to it. Before this season Quick's production was very good, but not quite at the all-time great level he played at through the postseason (and much of the season). The cap hit isn't outrageous, and if he stays in this ballpark in terms of his production it should be a great deal. But is that possible? Goalies performance can tend to fluctuate wildly from one year to the next, even for good ones, and they're nearly impossible to project long-term.
That makes the length seem like it carries quite a bit of a risk, especially if his play at any point regresses back to a more normal level.
At this point the only other goalies in the NHL that have signed contracts that long have been Quick, New York Islanders goalie Rick DiPietro (a 15-year deal), and Vancouver Canucks goalie Roberto Luongo (a 10-year deal). Last year the Philadelphia Flyers gave Ilya Bryzgalov a nine-year contract. No other goalie in the league currently has a contract longer than seven years. More than one of those teams would probably like a mulligan.
The Kings seem more than willing to take that risk, and seem confident they have what could be one of the NHL's best goalies for the foreseeable future.
Looking at the Kings roster right now they have some major parts of their core locked up for many, many years.
Quick's new deal keeps him in Los Angeles through the 2022-23 season.
Some of the others:
- Mike Richards still has eight years remaining on his deal (which he signed as a member of the Flyers).
- Jeff Carter will be entering the second year of a 10-year deal (that he also signed as a member of the Flyers) at the start of the 2012-13 season.
- Drew Doughty still has seven years remaining on the eight-year contract he signed at the start of this past season
- Anze Kopitar has four years remaining on a seven-year contract.