Senators re-sign Karlsson.

Karlsson agrees to 7-year extension with Senators.

Various sources report the Ottawa Senators have re-signed defenseman Erik Karlsson to a seven-year contract extension. Details to follow…

**UPDATE** The deal, according to TSN’s Bob McKenzie, is worth an average cap hit of $6.5 million per season.

SPECTOR’S NOTE: No word yet how the salary is structured, though it wouldn’t be surprising if it’s heavily front-loaded to ensure a more “cap-friendly” contract. While the Senators might catch some flak for not waiting until the new CBA to re-sign Karlsson, they evidently wanted to get a deal done as quickly as possible.

Can’t say I blame them, what with Karlsson up for the Norris trophy as this season’s top NHL defenseman. Don’t want that asking price to go up any higher. Besides, it probably wouldn’t be good business to let the situation drag on for months awaiting a new CBA. If front-loaded deals are banned under the new CBA, best to get one done now, as existing contracts must be honored, even if they’re front-loaded.

Not surprised by the amount Karlsson got, coming in a little less than LA Kings d-man Drew Doughty’s $7 million per season. I doubt there’ll be many Senators fans upset with this signing, but the pressure’s on Karlsson now to earn that contract.

4 Comments

  1. About 500k a season more than I originally guessed, but I ain’t losing sleep over getting the young, soon to be Norris Trophy winner under contract. About to be a great week for this young man, hopefully he can match it next year.

  2. It’s a fitting contract with the new climate on contracts for young players. It always concerns me though that they may not be as consistent each year with the new contract.

  3. i don’t watch a lot of the sens but this seems a little high and a little long. he strikes me as a rather one dimensional blueliner. doughty has shown he has a number of facets to his game to earn his contract

    • Agree, When he is out of his defensive zone he’s as good as anyone right now, but inside his own zone he is a train wreck. Everyone sees his numbers and say wow. But when you look past the numbers you can’t compare this guy to Weber and Doughty. Hands down the worst defensive defenseman to win the Norris, and that includes Coffey.