Looking at some of the situations of restricted free agents, still unsigned into the middle of August, it makes sense that the Colorado Avalanche doesn't want to have this happen with their captain. On Thursday, the Avalanche announced that they have signed Gabriel Landeskog to a 7-year contract extension.
Landeskog still has one year remaining on his entry-level deal, which he signed shortly after being drafted 2nd overall to the Avalanche in 2011. The deal is worth $38 million in total, which works out to be an annual cap hit of $5.5 million, until he's 28 years old. A very good deal, if he can put up some quality numbers.
The 20-year old blazed onto the scene in his rookie season, finishing 110th in pool scoring with 52 points in all 82 games, but was then subject to a few injuries and a touch of the sophomore jinx in the 2013 shortened season, finishing with only 17 points in 36 games, 277th overall.
This long-term deal signifies that the Avalanche have complete faith that he'll not only bounce back in the 2014 season, something I will definitely highlight in my projections for the Avalanche, but he'll be a consistent force for helping the team get back into the playoffs before too long.