The Montreal Canadiens have re-signed center Tomas Plekanec to a two-year, $12 million contract extension effective 2016-17. 

Canadiens re-sign Tomas Plekanec to a two-year extension.

Canadiens re-sign Tomas Plekanec to a two-year extension.

 SPECTOR’S NOTE: Plekanec, 32, was eligible for unrestricted free agency next July. Though his annual cap hit will be $6 million, he’ll earn $7 million next season and $5 million in 2017-18. Overall, this is a win for both sides. Plekanec gets an extension with a reasonable pay raise to stay in Montreal, while the Canadiens didn’t overspend to retain a key veteran.

Plekanec has consistently been one of the Canadiens’ best forwards for years, and is off to another good start with four goals in his first five games to this campaign. His age, however, is a concern, as he’s approaching the stage where a player’s skills and performance begins to decline.

The Habs didn’t want to invest too long in a player whose best season could be behind him within the next couple of years. This deal  fits nicely under their salary cap for next season, leaving more than enough room to re-sign other players or other potential UFA signings.