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Colorado Avalanche sign Philipp Grubauer to a three-year deal worth $3.3333333 million annually

Renaud Lavoie reports the details of goalie Philipp Grubauer‘s new contract with the Colorado Avalanche. Grubauer will earn ten million dollars over the next three seasons.

Grubauer, 26, earned $1.5 million on his just-expired, one-year deal, which left him in restricted free agent status. Pending the expiration of his new, three-year deal, Grubauer will be an unrestricted free agent.

Colorado has another former Capitals goalie on the roster. Semyon Varlamov‘s contract, worth $5.9 million annually, expires after this season. Varlamov has had an up-and-down time in Colorado but bounced back with a .920 save percentage in 51 games last season. Grubauer and Varlamov are expected to complete for a number-one spot.

On Friday, the Capitals traded Grubauer’s rights to Colorado along with Brooks Orpik in exchange for a second-round pick. The Avalanche have begun the process to buy out the final year of Orpik’s contract. The Capitals have stated an intention to re-sign Orpik, which is buckwild if you think about it.

RMNB is not associated with the Washington Capitals; Monumental Sports, the NHLPA, the NHL, or its properties. Not even a little bit.

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