Originally posted on The 6th Sens  |  Last updated 6/19/12

NEWARK, NJ - DECEMBER 18: Erik Karlsson #65 of the Ottawa Senators skates against the New Jersey Devils at the Prudential Center on December 18, 2009 in Newark, New Jersey. (Photo by Bruce Bennett/Getty Images)


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 the type of player and person that embodies an Ottawa Senator, and we are confident that on a personal basis, he will quickly become a role model for many of our young Sens fans and a great contributor to our community. We feel strongly that this long-term commitment will be great for both sides. As one of the cornerstones of our franchise, Erik will be a large part of the future success that Senators fans can look forward to.”


GET THE YARDBARKER APP:
Ios_download En_app_rgb_wo_45
MORE FROM YARDBARKER

Penguins win Stanley Cup Final Game 1 despite going 37 minutes without a shot on goal

NHL won’t participate in 2018 Winter Olympics, cites hypocritical reason for not playing

NFLPA to rookies: Be like Gronkowski, Beckham Jr.

Tiger Woods arrested on DUI charges

Bryce Alford defends Lonzo Ball: He 'doesn't deserve' criticism

LIKE WHAT YOU SEE?
GET THE DAILY NEWSLETTER:

Report: Clippers ‘overwhelming favorite’ to keep Chris Paul

Giants owner: Signing Kaepernick would anger fans

Mike Trout to undergo MRI after suffering thumb injury

Report: ‘Multiple’ teams open to giving Nerlens Noel max contract

John Wall: Bench was cause of Wizards’ ‘downfall’

Arum says Pacquiao would fight McGregor if Mayweather won't

The 'Hope your Cup runneth over this Memorial Day' quiz

Meet your Stanley Cup finalists: Nashville Predators

Getaway Day: There's a murderer's row in the NL West

Journey to the Stanley Cup Final: Pittsburgh Penguins

Best of Yardbarker: Ladies and gentlemen, start your engines

The Rewind: Vince Carter's graduation day celebration that wasn't

Manu Ginobili gave life to the San Antonio Spurs

Why the Indianapolis 500 is called 'the greatest spectacle in racing'

Stanley Cup Final: A David vs. Goliath matchup that's not as lopsided as it may appear

The 'More like Whiffer, Texas Ranger...amirite?' quiz

The 10 best sports docs available for streaming

Box Score 5/26: Bring on the Finals

NHL News
Delivered to your inbox
You'll also receive Yardbarker's daily Top 10, featuring the best sports stories from around the web. Customize your newsletter to get articles on your favorite sports and teams. And the best part? It's free!

By clicking "Sign Me Up", you have read and agreed to the Fox Sports Digital Privacy Policy and Terms of Use. You can opt out at any time. For more information, please see our Privacy Policy.
the YARDBARKER app
Get it now!
Ios_download En_app_rgb_wo_45

The 'Hope your Cup runneth over this Memorial Day' quiz

Meet your Stanley Cup finalists: Nashville Predators

Getaway Day: There's a murderer's row in the NL West

Journey to the Stanley Cup Final: Pittsburgh Penguins

Best of Yardbarker: Ladies and gentlemen, start your engines

The 'More like Whiffer, Texas Ranger...amirite?' quiz

Stanley Cup Final: A David vs. Goliath matchup that's not as lopsided as it may appear

Manu Ginobili gave life to the San Antonio Spurs

The Rewind: Vince Carter's graduation day celebration that wasn't

The 10 best sports docs available for streaming

Today's Best Stuff
For Publishers
Company Info
Help
Follow Yardbarker