Canadiens sign Price to 8-year extension worth reported $84M

The Montreal Canadiens signed Carey Price to an eight-year contract extension that will begin in 2018-19 and run through to the end of 2025-26, the club announced Sunday.

The new contract is worth $10.5 million per season, according to TSN's Darren Dreger, and $70 million of that total comes in the form of signing bonuses, reports Pierre LeBrun of TSN.

Carey Price is the highest-paid goaltender in the NHL by $2 million per season

- Eric Engels (@EricEngels) July 2, 2017

The next highest-paid goalie is New York's Henrik Lundqvist, who signed a seven-year, $59.5-million extension with the Rangers in 2013.

The $10.5 million cap hit will also put him on par with Chicago duo Jonathan Toews and Patrick Kane for highest among all players, pending the signing of Connor McDavid in Edmonton.

The 29-year-old is coming off his tenth season with the club. In that time, he's posted a career regular-season record of 270-175-55 with a .920 save percentage and has won the Hart, Vezina, and Ted Lindsay trophies.

Price also won gold for Canada at the 2014 Winter Olympics and the 2016 World Cup of Hockey.

Clearly the current face of the most storied franchise in hockey history, this new deal ensures Price will spend the majority of his career - if not all of it - playing for the team that drafted him fifth overall in 2005.

Copyright (C) 2017 Score Media Ventures Inc. All rights reserved. Certain content reproduced under license.