The Vancouver Canucks acquired goaltender Jacob Markstrom from the Florida Panthers in the deal that sent veteran Roberto Luongo back to South Florida.
Now, after his first year as an almost exclusively full-time NHLer in the Pacific Division, he’s gotten a substantial extension with the club.
The Canucks announced on Thursday afternoon that Markstrom, who finished his 2015-16 campaign with a .915 save percentage in all situations over 32 games for the Canucks, has inked a three year extension to get him through the end of the 2019-20 season. The deal will kick in after this upcoming year, which will see him continue to take up a $1.55 million cap hit.
Per General Fanager, the extension comes with a $3.67 million cap hit.
This deal helps the Canucks retain the former 31st overall pick at a controlled cost through three potential UFA years, helping them manage their tandem moving forward. The deal won’t kick in until the Canucks have seen the monster $6 million per season contract for Ryan Miller expire, and should help them with a relatively inexpensive tandem if Markstrom splits the net with current entry-level netminder Thatcher Demko.
This deal could set the cost for other young goaltenders around the league, though. The Detroit Red Wings recently filed for team-elected arbitration with Petr Mrazek, who had a significantly better season than Markstrom last year – as a result, this deal could help him plead his case that he should get paid.