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Hurricanes sign defenseman Tim Gleason to 4 year contract extension

Carolina Hurricanes:  The Carolina Hurricanes have signed defenseman Tim Gleason to a 4 year contract extension worth $16 million.

He’ll receive $3.5 million next year, $4.5 million the following 2 years, and $3.5 million in the last year of the deal.

“We thank Tim for choosing to stay with the Hurricanes long term,” said Rutherford. “He is one of our core players, someone who brings character and leadership to our locker room, along with being a key piece on the ice. This is a very important signing for our team going forward.”

Bob McKenzie via twitter: Gleason has a full no-clause in the 1st 2 years.

4 Comments

  1. Dom

    January 30, 2012 at 12:11 pm

    Not sure why they would sign him and not trade him for a prospect or a pick. Stay at home D are not that hard to find

  2. Jeff

    January 30, 2012 at 12:12 pm

    This is the right move, in my opinion.

    I hold Rutherford in high regard.

  3. AJ

    January 30, 2012 at 1:24 pm

    I’m not sure this is not with the intention to just drive his price up.
    Wasn’t Rutherford the one who put him on the trading block in the first place, asking for 2 first rounders/2 high prospects for him?

    Still no more, than a mid 1st rounder in my mind. Also doubt, that he would be part of the core long ter in case they go rebuild mode.

  4. Jeff

    January 30, 2012 at 1:30 pm

    He is an excellent D-man, and guys like him are hard to find.

    I’m sure Rutherford was listening to offers, but clearly has been negotiating with his agent for some time. Maybe his name was out there, to help Rutherford’s leverage in contract talks.

    Anyway, i have no doubt that teams would line up around the block for this guy.