The Carolina Hurricanes have announced the re-signing of winger Alexander Semin to a five-year contract extension reportedly worth $7 million per season. Semin was eligible to become an unrestricted free agent in July.
SPECTOR’S NOTE: Semin’s critics are likely shaking their heads over this, chuckling to themselves that he’s fooled the Hurricanes into signing him for big money, and expecting him to “tank” starting next season. That criticism, however, is not only baseless, as Semin is a more complete player than his critics believe, but also overlooks that he’s been a much happier player since joining the Hurricanes last summer. He’s got 30 points in as many games, and along with linemates Eric Staal and Jiri Tlusty has been a big reason why the Hurricanes are battling for a playoff berth. The dollars may seem excessive, but if Semin carries over his fine play this season over the course of this deal, he and the ‘Canes will have the last laugh.