NHL News: Lane Hutson Extends with the Montreal Canadiens
The Montreal Canadiens have signed Lane Hutson to an eight-year contract extension with an $8.85 million salary cap hit.
The extension is worth $70.8 million, with $55 million to be paid in signing bonuses. The contract breakdown is as follows:
- Year 1: $1 million base, $11 million signing bonus
- Year 2: $1 million base, $11 million signing bonus
- Year 3: $1 million base, $9.5 million signing bonus
- Year 4: $1 million base, $6.5 million signing bonus
- Year 5: $1.2 million base, $6 million signing bonus
- Year 6: $1.2 million base, $6 million signing bonus
- Year 7: $2.2 million base, $5 million signing bonus
- Year 8: $7.2 million base
Years 6-8 of the contract include a 10-team no-trade clause. As
PuckPedia (@PuckPedia)reported, the signing was anticipated, with recent extensions by other players influencing the timeline.
Author's summary: Lane Hutson signs 8-year extension with Montreal Canadiens.