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The Montreal Canadiens have locked up defenceman Jeff Petry, signing him to a four year contract extension.
BREAKING: Four more years for Jeff Petry!#GoHabsGo
— Canadiens Montréal (@CanadiensMTL) September 25, 2020
Petry had one year remaining (2020-21) on his current contract and his new contract will carry a cap hit of $6.25 million. The defenceman has been a huge contributor since being acquired from the Edmonton Oilers. This deal will last until after the 2024-25 season.
The cap hit is less than $1 million more than the $5.5 million Petry is currently making. He was set to become an unrestricted free agent after the 2020-21 season.
The 32-year-old has 69 goals and 184 assists in 680 career NHL games, with Montreal he has 52 goals and 127 assists in 385 regular season games. He added five goals and two assists in 28 playoff games.
This signing has no effect on the Canadiens cap status for the 2020-21 season. They currently have around $48.7 million committed to the cap for 11 players for the 2021-22 season. They have an additional seven contracts signed for that year.
According to Chris Johnston, the contract includes a no-movement clause and a 15-team no trade list. This means he will need to be protected in the upcoming expansion draft, which he would have been anyway.
Jeff Petry's new #habs contract includes a no-movement clause, which means he'll be protected in the Seattle expansion draft. It also has a 15-team list of teams he can't be traded to.
— Chris Johnston (@reporterchris) September 25, 2020
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