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Kane & Toews Sign Identical 8-year, $10.5M AAV Extensions

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Patrick Kane and Jonathan Toews have shared their NHL journey ever since they first took the ice together for the Chicago Blackhawks and combined their talents to produce a goal on Oct. 10, 2007.

It marked the beginning of their success together. The ending is still nowhere in sight.

Kane and Toews continued to align their NHL careers Wednesday by both agreeing to eight-year contract extensions which a source says are for $10.5 million per year, keeping them Blackhawks through the 2022-23 season.

Their arrival in 2007 represented hope for an Original Six organization which had fallen on hard times for nearly a decade. They haven't disappointed since.

Over the past seven seasons, Kane and Toews have played in nearly 500 regular-season games together. After four consecutive sub-.500 seasons prior to their rookie season, the Blackhawks have since gone 309-163-68 with them. The two players have combined for 933 regular-season points, including 375 goals.

As good as they've been in the regular season, they've been even more clutch when it's mattered most in the playoffs. They returned the Blackhawks to the Stanley Cup playoffs in 2009 after five seasons of failing to do so and immediately helped them to the Western Conference finals. A year later, they both raised their first Stanley Cup and ended the franchise's 49-year championship drought. They've since led the Blackhawks to a second Stanley Cup and made them a perennial contender.

From Day 1, they have accomplished it all together and never looked to outshine or outdo the other. While they already have money and fame, they could have even more. All it would have taken is one slightly larger ego, and they may have never agreed to identical five-year, $31.5 million contract extensions the first time around and certainly not their newest contracts.

Kane and Toews are being paid like superstars, but they could have certainly asked for more and would have had their share of more significant offers to choose from if they had waited to go onto the free market after next season. They left money on the table, allowing the Blackhawks some cap flexibility. The Blackhawks may have to eventually let some core pieces go and turn to their prospects who are NHL ready, but they should be Stanley Cup contenders for the foreseeable future.

The Blackhawks' main objective with that additional money will be re-signing Brandon Saad to a new contract. Saad will be a restricted free agent after next season, and there has to be some fear another team will come along with an offer sheet if he's allowed to get that far. Considering he's 21, has shown improvement in each of his first two seasons and the cap is expected to rise, Saad could fetch somewhere between $4-7 million a season.

Kane and Toews permitted their careers to be harmonious, realizing their opportunity in Chicago is rare and can ultimately elevate them to a special place in NHL history.

Kane, at 25 years old, and Toews, at 26, didn't attach themselves together through their athletic primes and into their 30s to make a run at just one or two more Stanley Cups in Chicago. They're out to deliver to the Blackhawks what Michael Jordan once bestowed upon the Chicago Bulls.

Like Jordan, to honor Kane's and Toews' shared success and shared commitment to the Blackhawks, the organization will undoubtedly unveil matching statues of them outside the United Center whenever they decide to retire. It'll be a fitting end to their NHL journey, as they'll have a permanent place on Madison together side by side.

http://espn.go.com/blog/chicago/blackhawks/post/_/id/4684118/kane-toews-have-hawks-positioned-well

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Wow! Kane is NOT worth $10.5M/yr... He better be thanking Toews for getting him this deal!

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The Chicago Blackhawks have reached eight-year deals with star forwards Jonathan Toews and Patrick Kane, the team announced Wednesday.

Each contract is worth a total of $84 million, sources said.

Both deals are front-loaded and each includes $44 million in signing bonuses, a source told ESPN.com's Pierre LeBrun.

Kane and Toews previously agreed to matching five-year, $31.5 million extensions in 2009 that were set to expire after this coming season. They now will be with the Blackhawks through the 2022-23 season.

"I could not be more grateful for the amazing moments and opportunities I've been given by the Chicago Blackhawks," Toews said in a statement. "There's no organization in sports that cares more about the overall experience of their fans and the success of their players. To have the chance to continue with this amazing group of teammates and people throughout the organization is an incredible honor. There's nothing we want more as players than to continue to win Stanley Cups for the best hockey fans on the planet."

Kane shared similar feelings.

"It's great to be able to continue my career in Chicago. Playing with the best organization in sports and the best fans in the game is a blessing," he said in a statement. "Since I was drafted by the Blackhawks, the people of Chicago have really embraced me and treated me with nothing but respect. I look forward to many more years of success with the Blackhawks."

Kane and Toews, both top-5 draft picks, began their NHL careers together for the Blackhawks in 2007, and they have been behind the franchise's resurgence the last seven seasons. Chicago has won two Stanley Cup titles, has reached four Western Conference finals and has made six consecutive playoff appearances since their arrival.

"Jonathan and Patrick have become cornerstones of this franchise during their time in Chicago," Blackhawks general manager Stan Bowman said in a statement. "We are excited to ensure they will continue to lead our organization for years to come."

Kane, 25, has 178 goals and 315 assists in 515 career regular-season games, as well as 37 goals and 54 assists in 93 playoff games. He was awarded the 2008 Calder Memorial Trophy and the 2013 Conn Smythe Trophy.

Toews, 26, has 195 goals and 245 assists in 484 career regular-season games, including 29 goals and 52 assists in 94 playoff games. He was awarded the 2010 Conn Smythe Trophy and 2013 Frank J. Selke Trophy.

Toews also has been the Blackhawks captain since the 2008-09 season.

A news conference to announce their signings will be held at the United Center next week.

Edited by _SP_

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Saad at 4-7mill? Are you serious? That is crazy off an RFA contract for a 21 year old that is feeding off Toews. If there is ONE thing Holland does well - its signing our RFAs to reasonable contracts.


Also - the wings are looking good for the next couple years with our superstars locked up at bargain contracts. Its not likely we will be handing anything in the area of 6+ to any of our players in the next while (unless we luck out in FA LOL not likely). We are in a good position to snag some talent from teams trying to shed cap.

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Not sure if you knew this or not, but this is being discussed in the "Off season trades and signings" thread already. Not sure it needed its own thread, but the detailed info you added was a great read! Thanks! Please take no offense.

PumpkinEscobar likes this

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I'm glad it got it's own thread.. too much junk in that other thread to keep sorting through.

<harry carey voice> HOLY COW! Look at those contracts! That's gonna handi[salary]CAP the team!</voice>

Not sure if you knew this or not, but this is being discussed in the "Off season trades and signings" thread already. Not sure it needed its own thread, but the detailed info you added was a great read! Thanks! Please take no offense.

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Thanks. I felt that, since they're a huge rival and really sets a new floor for contracts going forward (hellllllloooooo next lockout!), it deserved its own thread. I didn't see it in the off-season signings thread, because I didn't look in there- figured that was reserved for new signings, not extensions/re-signings LOL.

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this is cute.....why don't they get married while they're at it and then they can punch cabbies together? There's no way Kane is worth that money!

and don't get me started on Toews' playoff beard......

team_america_gary.jpg

BadgerBob, F.Michael and hooon like this

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Also - the wings are looking good for the next couple years with our superstars locked up at bargain contracts.

We don't have superstars, though. I mean, aside from Datsyuk.

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Patrick Kane and Jonathan Toews have shared their NHL journey ever since they first took the ice together for the Chicago Blackhawks and combined their talents to produce a goal on Oct. 10, 2007.

It marked the beginning of their success together. The ending is still nowhere in sight.

Kane and Toews continued to align their NHL careers Wednesday by both agreeing to eight-year contract extensions which a source says are for $10.5 million per year, keeping them Blackhawks through the 2022-23 season.

Their arrival in 2007 represented hope for an Original Six organization which had fallen on hard times for nearly a decade. They haven't disappointed since.

Over the past seven seasons, Kane and Toews have played in nearly 500 regular-season games together. After four consecutive sub-.500 seasons prior to their rookie season, the Blackhawks have since gone 309-163-68 with them. The two players have combined for 933 regular-season points, including 375 goals.

As good as they've been in the regular season, they've been even more clutch when it's mattered most in the playoffs. They returned the Blackhawks to the Stanley Cup playoffs in 2009 after five seasons of failing to do so and immediately helped them to the Western Conference finals. A year later, they both raised their first Stanley Cup and ended the franchise's 49-year championship drought. They've since led the Blackhawks to a second Stanley Cup and made them a perennial contender.

From Day 1, they have accomplished it all together and never looked to outshine or outdo the other. While they already have money and fame, they could have even more. All it would have taken is one slightly larger ego, and they may have never agreed to identical five-year, $31.5 million contract extensions the first time around and certainly not their newest contracts.

Kane and Toews are being paid like superstars, but they could have certainly asked for more and would have had their share of more significant offers to choose from if they had waited to go onto the free market after next season. They left money on the table, allowing the Blackhawks some cap flexibility. The Blackhawks may have to eventually let some core pieces go and turn to their prospects who are NHL ready, but they should be Stanley Cup contenders for the foreseeable future.

The Blackhawks' main objective with that additional money will be re-signing Brandon Saad to a new contract. Saad will be a restricted free agent after next season, and there has to be some fear another team will come along with an offer sheet if he's allowed to get that far. Considering he's 21, has shown improvement in each of his first two seasons and the cap is expected to rise, Saad could fetch somewhere between $4-7 million a season.

Kane and Toews permitted their careers to be harmonious, realizing their opportunity in Chicago is rare and can ultimately elevate them to a special place in NHL history.

Kane, at 25 years old, and Toews, at 26, didn't attach themselves together through their athletic primes and into their 30s to make a run at just one or two more Stanley Cups in Chicago. They're out to deliver to the Blackhawks what Michael Jordan once bestowed upon the Chicago Bulls.

Like Jordan, to honor Kane's and Toews' shared success and shared commitment to the Blackhawks, the organization will undoubtedly unveil matching statues of them outside the United Center whenever they decide to retire. It'll be a fitting end to their NHL journey, as they'll have a permanent place on Madison together side by side.

http://espn.go.com/blog/chicago/blackhawks/post/_/id/4684118/kane-toews-have-hawks-positioned-well

-------------------------------------------------------------------------------------------------------------------------------

Wow! Kane is NOT worth $10.5M/yr... He better be thanking Toews for getting him this deal!

I think Kane is better than Toews

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Unless there is another Lockout around the corner this should handcuff the Hawks pretty badly. If I got my math right thats over 25% (close to a third) of their current capspace tied into these two players.

Edited by derblaueClaus

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Unless there is another Lockout around the corner this should handcuff the Hawks pretty badly. If I got my math right thats over 25% (close to a third) of their current capspace tied into these two players.

Cap is gonna keep going up. These contracts won't be bad in 3 years time

Shaman likes this

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Cap is gonna keep going up. These contracts won't be bad in 3 years time

When it happens (goes up significantly) I'll believe it.

krsmith17 likes this

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I don't think this is going to handcuff the Blackhawks longterm. Was Kane worth 10,5 for 8 years ? No but everyone knows Buffalo would have thrown the bank at him so goes for Winnipeg and Toews. Toews is easily worth that much, other than Crosby and Stamkos nobody is better than him not even Kopitar and I really love that guy (hardworking physical presence everytime he's on the ice).

These two are the cornerstones of the Blackhawks and the funny thing is, some people (Blackhawks forum) still don't understand the differense between pre and post lockout caphits . Both haven given discounts of 1,5 mill per that's a lot of money almost 4 liner...

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