NHL News: Toews and Kane Get Eight Year Extensions


The Chicago Blackhawks sign Jonathan Toews and Patrick Kane to eight-year contract extensions worth $84 million.

  • Darren Dreger: Toews and Kane will each come with an annual salary cap hit of $10.5 million.
  • Chicago Blackhawks: Jonathan Toews: I could not be more grateful for the amazing moments and opportunities I’ve been given by the Chicago #Blackhawks. There’s no organization in sports that cares more about the overall experience of their fans and the success of their players.””
  • Mike Zeisberger: Patrick Kane: “Playing with the best organization in sports and the best fans in the game is a blessing.”
  • James Mirtle: When the contract extension starts in 2015-16, the cap hit could be $75 million. That $10.5 million cap hit is like a $7 million salary cap hit on a $50 million salary cap.
  • Jason Gold: The top five salary cap hits in 2015-16 so far: T1) Toews & Kane $10.5 million 2) Ovechkin $9.54 million 3) Malkin $9.5 million 4) Crosby $8.7 million 5) Perry $8.265 million.
  • James Mirtle: Jaromir Jagr and Paul Kariya were making $11 million in 1999-2000. “How are stars not worth $10.5-million now, 14 years later?”
  • David Alter: The Blackhawks will now have $65.8 million committed to 15 players for 2015-16.
  • James Mirtle: “That year, Brad Richards’s contract was 16% of the cap. These Toews/Kane ones will be roughly 14% when they begin.”
  • David Pagnotta: ” Solid pay day for Toews & Kane… Based on % towards cap, these deals aren’t as out there as you may think.”

The 26-year old Toews was drafted 3rd overall by the Blackhawks in the 2006 draft.

The 25-year old Kane was drafted 1st overall by the Blackhawks in the 2007 draft.

Jonathan Toews

Patrick Kane

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  1. #1 by kckrebs at July 9th, 2014

    Absoslutley worth it. Proven winners in their prime. They deserve to be the best paid players in the league. Think they’re overpaid? Think again. Imagine what teams would throw at these 2 if they made it to free agency in 2015. We’re talking max deals from probably half the teams in the league or more. Max deals meaning 12 million a year for 7 years, it would happen. Chicago got a discount lol..

  2. #2 by Hankbemis at July 9th, 2014

    whats up w that mirtle guy? he compares apples to oranges and then says you can draw conclusions from that. sorry guy, pre-salary cap comparisons do not justify current salaries. the conclusion you should’ve drawn, after pointing out that nhl revenues are much much higher (on his twitter), is that someone is taking a larger slice of that pie, whether it be the owners, the NHL officials, or those responsible for inflation of the dollar.

  3. #3 by ChrisB at July 9th, 2014

    Yea, I don’t understand comparing Kariya/Jagr to Kane/Toews or really anybody today. Totally different scenarios now, with a cap in place. If there was no salary cap today, 100% guaranteed there would be a good dozen(this is most likely the most conservative answer, considering how many high end players have signed contraccts in the cap era) players making $11m+, that’s not even including the 5 current players taking home at least that much in salary today.

  4. #4 by hankbemis at July 9th, 2014

    and we’d have less teams and no revenue sharing… that would be a good thing. NHL would be great if they had no cap, no collective anything agreement, and allowed teams to fold.

  5. #5 by kckrebs at July 9th, 2014

    Fun fact: Joe Sakic made 17million dollars in one season. 1997-1998. Its funny watching him be a cheap GM.

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