Raleigh, NC, United States (4E Sports) – The Carolina Hurricanes have announced the signing of defenseman Justin Faulk to a six-year contract extension worth $29 million.
The contract will pay Faulk $2.5 million in 2014-15, $3.5 million in 2015-16, $5.5 million in 2016-17 and 2017-18, and $6 million in 2018-19 and 2019-20, for an average annual salary-cap figure of $4.833 million.
Faulk played for the U.S. Olympic team in the Sochi Games last month. He was named to the NHL’s All-Rookie Team in 2011-12.
In his third season with the Hurricanes, the 22-year-old Faulk has scored three goals and earned 21 assists (24 points) in 65 games played, and ranks second on the team in average ice time per game at 23:21.
In three NHL seasons, Faulk has scored 16 goals and earned 45 assists (61 points) in 169 games with the Hurricanes. He has led all Hurricanes skaters in time on ice per game in each of the last two seasons, averaging 22:50 per game in 2011-12, and 24:00 per game in 2012-13.
Meanwhile, Jim Rutherford, who serves as president and general manager of the Hurricanes, is expected to give up his general manager duties at the end of the season.
According to sources close to the team, Rutherford may stay as team president, although that decision has not been made.
Ron Francis, the Hurricanes’ vice president of hockey operations, is expected to succeed Rutherford as general manager. That decision will be made by team owner Peter Karmanos Jr.
Rutherford has been with the franchise since Karmanos and the late Thomas Thewes bought the NHL’s Hartford Whalers in 1994. The team relocated to North Carolina in 1997 and won the Stanley Cup in 2006.