The Bruins extended Milan Lucic's to a three year extension today according to The Boston Globe (and every other Boston sports media outlet but I went on boston.com first, so I will site them).
Chad Finn writes:
According to TSN, the deal is worth $12.25 million, giving Lucic a $4,083,333 annual cap hit. Lucic will still be a restricted free agent at the end of the contract.
A press conference announcing the deal will be held tomorrow immediately after practice in Wilmington according to NESN.
The 21-year-old has compiled 70 points in his 151 career games since the Bruins selected him 50th overall in the 2006 draft. Lucic has brought the presence that Chiarelli and the Bruins front office values. The deal should insure that Bruins fans will see Lucic as he peaks physically. His hands will only get better and his scoring touch will improve over time. He is only 21-years old folks.
Four million a year for a 45 point player looks excessive from the outside but Lucic's intangibles and potential to become a power forward, paired with his combination of age and experience make this a good signing. The front office is spending their money on young talent after so many years of letting their young studs leave due to free agency.