NHL News: Lane Hutson Extends with the Montreal Canadiens
The Montreal Canadiens have signed Lane Hutson to an eight-year contract extension at an $8.85 million salary cap hit.
The deal is worth $70.8 million, with $55 million to be paid in signing bonuses. The contract breakdown is as follows:
- Year 1: $1M base, $11M signing bonus
- Year 2: $1M base, $11M signing bonus
- Year 3: $1M base, $9.5M signing bonus
- Year 4: $1M base, $6.5M signing bonus
- Year 5: $1.2M base, $6M signing bonus
- Year 6: $1.2M base, $6M signing bonus
- Year 7: $2.2M base, $5M signing bonus
- Year 8: $7.2M base
Years 6-8 of the contract include a 10-team no-trade clause. Hutson is represented by Coffey.
Many were wondering when the Montreal Canadiens would sign Hutson to an extension. While there was no pressure to complete it, the extensions by New Jersey Devils defenseman Luke Hughes and Anaheim Ducks defenseman Jackson LaCombe, each carrying AAVs of $9 million per season, ramped up the timeline for the Canadiens.
Author's summary: Lane Hutson signs 8-year extension with Montreal Canadiens.