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And exhale. Captain Gabriel Landeskog has re-signed with the Colorado Avalanche on a eight year contract worth $7 million AAV. This contract will take Landeskog to age-36, concluding in the 2028-29 NHL season. The Avs and Landeskog were a little over 12 hours away from losing exclusive negotiating rights, and that treasured eighth year to keep the AAV down, but they got it done, and the number is something everyone can be happy with.
Never in doubt, this blogger says, collapsing to the floor.
Eight years and $7M AVV for Gabriel Landeskog in Colorado. The captain stays put.@TSNHockey @TheAthletic
— Pierre LeBrun (@PierreVLeBrun) July 28, 2021
You know what, we’ll take this, Dom.
A decent deal for Landeskog who should be worth the price tag for the next five seasons – though there's some trouble after that. Deal has a 56 percent chance at bringing positive value. pic.twitter.com/7uRdP5DPsI
— dom at the athletic (@domluszczyszyn) July 28, 2021
In terms of the salary cap, the Avalanche now have approx. $12.4 million to sign a handful of players, including Tyson Jost, a goalie, and someone to play middle-six wing. We’ll see how this all plays out tomorrow at 10am MT as free agency begins.
Colorado #Avalanche update after signing F Gabriel Landeskog 8 years with a $7M cap hit.
— CapFriendly (@CapFriendly) July 28, 2021
Cap space: $12,380,203
Roster size: 16 (9F - 6D - 1G)
RFAs:
F Tyson Jost
D Dennis Gilbert
D Conor Timminshttps://t.co/2kqUM2FWbw
UPDATE:
Gabriel Landeskog (Eight years, $7 million AAV) will have a no-movement clause the first four years of his deal, then a modified no-trade clause the last four, per a league source. #Avs
— Peter Baugh (@Peter_Baugh) July 28, 2021