BREAKING: #Sens agree to terms with Erik Karlsson on a seven-year contract extension. Details to follow.
— Ottawa Senators (@NHL_Sens) June 19, 2012
TSN's Bob McKenzie had tweeted earlier that Ottawa was close to a contract with Karlsson that carried a 5 to 7 year term with cap hit of $6M or more. Not Drew Doughty money ($7m/yr) but close.
For what it's worth, the Doughty contract one was a $49-million pact that carried over seven years.
More to come...
Update: 6:27 p.m.
Wow, that didn't take long on the Karlsson contract. 7 years, annual cap hit of $6.5M.
— Bob McKenzie (@TSNBobMcKenzie) June 19, 2012
So there you have it, it's a seven year contract totalling $45.5 million - for an average annual value of $6.5 million.
Update: 6:55 p.m.
The Senators' website has released some comments from owner Eugene Melnyk:
“We are extremely pleased to announce that Erik Karlsson’s contract has been extended for seven more years," said Senators owner Eugene Melnyk. “Erik is t...