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 include a 10-team no-trade clause. As PuckPedia reports, many were wondering when the Montreal Canadiens would sign Hutson to an extension, with recent extensions by other teams affecting the timeline.
Rep'd by Coffey @QuartexxHockey
Author's summary: Lane Hutson signs 8-year extension with Montreal Canadiens.
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