The Carolina Hurricanes completed their most important task this summer, about a month early as they signed defenseman Justin Faulk to a six-year extension worth $29 million.
Faulk’s salary hit will come a shade under $5 million at $4.83 million.
At first this looks like a typical Jim Rutherford deal. Sign a player long-term to keep him in Carolina and give him a ton of money. But this is a great deal for the Hurricanes.
Signing a star defenseman for six years at a cheap contract doesn’t get much better, so good on Rutherford for getting his second consecutive extension at a great price (Anton Khudobin being the other).
I’m surprised that Faulk would sign for so long. I was expecting a bridge contract of two years at a cap hit around $2.5-3 million, but this is a better option for the team.
The only thing that worries me is six years down the road, Faulk will be 29-years-old when the contract runs out, right when he’s in the middle of his prime. Of course, this has its own positives, but re-signing him then will be costly.
But that’s six years away and not something to worry about at the moment.
This signing also allows Rutherford and his team to worry about other things this summer. If contract negotiations took until July or August, it would be another thing for the team to worry about instead of free agency or trades.
Today is a great day for the Hurricanes and their future.