|P.K. Subban and the Canadiens ended their stalemate with a two-year deal for the budding defenseman. (Getty)|
TSN's Bob McKenzie has the particulars.
So P.K. Subban re-ups with MTL, two years, $2M in Year 1 and $3.75M in Year 2 for $2.875M AAV.— Bob McKenzie (@TSNBobMcKenzie) January 29, 2013
Reports as early as recently as Saturday indicated the two sides were still far apart, with Subban seeking a long-term contract and the Habs unwilling to go that route. It appears first-year general manager Marc Bergevin held his ground and got one of the better young defensemen in the NHL for a bargain.
As our own Adam Gretz wrote Saturday, the Habs were gunning for a contract with terms similar to the one the New York Rangers signed Michael Del Zotto to:
Like Subban, Del Zotto was a restricted free agent this past summer and is a talented, offensive defenseman with similar production throughout his career.
Del Zotto signed a two-year contract worth around $5 million ($2.5 million per year) coming out of the lockout.
The only problem with that comparison from a Canadiens standpoint (or perhaps a Subban standpont) is that even with their similar point production (Del Zotto actually had more points last season), Subban is a superior player and is counted on to play a significantly bigger, more difficult role in Montreal. Especially at even strength.
Gretz also cited Subban being used like a No. 1 defenseman in 2011-12, seeing time against opponents' top forwards, while Del Zotto's usage fell more in line with a No. 4.
Subban will make more and has a higher cap hit than Del Zotto, but not by the amount expected if using those two players as comparables.
The drawn out negotiations left a lot of time for heated debate about Subban's true value and rumors continued to swirl that the Habs could deal the young star. Instead, they made a very economically sound deal and hang on to a player still realizing his vast potential.
Subban has put up 76 points in 160 regular-season games and was an all-rookie selection in 2010-11.