Vancouver Canucks General Manager Patrik Allvin announced today that the club has agreed to terms with forward Elias Pettersson on an eight-year contract worth $11.6 million per year.
Elias Pettersson will carry the NHL's fifth-highest cap hit at $11.6M next season in what is his final RFA year, behind Auston Matthews ($13.25M), Nathan MacKinnon ($12.6M), Connor McDavid ($12.5M) and Rangers superstar, Artemi Panarin ($11.642M).
"This is a very exciting day for me and my family. I am very happy to be continuing my career as a member of the Vancouver Canucks. I love this city and playing in front of the fans. We have an exciting group and believe we can do good things in the future. Both Jim Rutherford and Patrik Allvin have done a great job in building this team and creating a culture, along with Rick Tocchet. And lastly I want to thank the Aquilini family for this opportunity."
The Carolina Hurricanes were linked to making a trade with the Canucks for Pettersson.
Thankfully this is now put to rest and will not happen.
CapFriendly gives a full breakdown of Pettersson‘s contract.
