Hurricanes Sign Andrei Svechnikov to 8-Year, $62 Million Contract

As reported by Kevin Weekes and has now been confirmed by multiple other sources, the Carolina Hurricanes and Andrei Svechnikov have finalized a contract extension. It was Artur Khairullin of Sports Express who first reported on August 18/21 that the team and the player would be signing a eight-year contract, with other reports suggesting that might not be accurate. It turns out, the deal was right, but the dollar figure slightly less than projected.

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Andrei Svechnikov has signed an eight-year contract extension with the @Canes. 📝

Thoughts on the deal? 🤔 #NHLFreeAgency | #NHLonSN pic.twitter.com/jr18yPn3oA

— Sportsnet (@Sportsnet) August 26, 2021

The annual average salary turns out to be $7.75 million which is still a pretty good payday for a player the team really wanted to make sure locked in long term and wasn’t going anywhere. It’s also likely to be a value contract down the line for the organization and Svechnikov continues to mature.

The deal buys Carolina 1 RFA year, 3 RFA Arb years, and 4 UFA years. It also leaves the franchise about $4.5 million to pursue one more forward.

“Andrei is one of the cornerstones of this organization, and we are thrilled to reach a long-term commitment to keep him here,” said Hurricanes’ GM Don Waddell. “He is one of the brightest rising stars in our sport, and will play a key role in our efforts to bring the Stanley Cup to the Triangle this decade.”

Just 21 years old, there’s a lot more growing the forward can still do, but he’s proven himself to be among the better offensive players in the game. He scored 15 goals and added 27 assists (42 points) in 55 regular-season games during his third NHL season in 2020-21. He also had eight points (2g, 6a) in 11 Stanley Cup playoff games before the team was eventually eliminated by Tampa Bay.

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