Montreal Canadiens sign Jake Allen to two-year extension

The Montreal Canadiens have signed goaltender Jake Alen to a two-year contract extension with a cap of $3.85 million.

Allen was heading into the 2022-23 season as an unrestricted free agent on hold in the final year of a two-year, $2.875 million cap, a contract he signed with the Canadiens in the 2020 offseason after they acquired him from the St. Louis Blues for a third and seventh round pick in 2020. His closest contract comparable to his new contract is Chicago Blackhawks goaltender, Petr Mrazek, who has a cap of $3.8 million.

Allen is coming off a season where he was thrust into the starting role in Montreal, as usual starter Carey Price missed the majority of the 2021-22 season after entering the player assistance program at the NHL, as well as recovering from knee surgery. Allen went 9-20-4 with a .905 save percentage and two shutouts in 35 games in 2021-22, while dealing with his own injury issues.

However, Allen’s 2021-22 season isn’t done justice by his standard boxcar stats, as playing behind the bottom-placed Montreal Canadiens certainly hurt his numbers. He also finished the year with an even-strength save percentage of 92.19% (which ranked 20th among goaltenders), saved 8.14 even-strength goals above expectations ( 13th in the standings) and 12.2 goals above expectations (23rd in the standings).

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With this signing, the Canadiens have everything planned for their goaltenders for the next two seasons, even if Carey Price does not return. In addition to Allen’s extension, they also signed Samuel Montembeault to a two-year contract with a $1 million cap after playing the starter role in Allen’s absence, and locked up the agent. Restricted free agent Cayden Primeau to a three-year contract capped at $890,000 after he played 12 games with all injuries in 2021-22.

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