|Looks like Lupul will be staying in Leafs blue for a while longer. (US Presswire)|
TSN's Darren Dreger reports the deal is worth $26.25 million, or $5.25 million annually. It also carries a limited no-trade clause.
Thrilled to be a Maple Leaf for 5 more years. Look forward to doing everything I can to help bring a Stanley Cup to Toronto.— Joffrey Lupul (@JLupul) January 20, 2013
"Joffrey has proven to be a dynamic offensive player and since joining our hockey club he has fit in extremely well with our team," Nonis said.
Lupul, 29, is coming off a career season, his first with the Maple Leafs. After battling injury issues over and over in his career, Lupul played more than 65 games for the first time since 2008-09 and as a result had a career-best 67 points with 25 goals and 42 assists, meshing well with Phil Kessel.
Based on a pure point-production level, the price doesn't seem too crazy, but Lupul is one of those players who has had to deal with injury bug-a-boos throughout his career. To give him a salary at that level through his age-34 season is a little risky but if he manages to stay healthy it might not be so bad.
According to CapGeek, the new salary cap hit puts Lupul in the same category as Evander Kane and David Krejci while sitting just behind teammates Kessel and Mikhail Grabovski.