Update (12 p.m. Tuesday): Logan Couture's five-year extension with the San Jose Sharks is worth $30 million and will carry an annual $6 million cap hit, according to TSN.
Logan Couture has signed a contract extension that will keep him in San Jose beyond the 2013-2014 season, the 24-year old confirmed via text to CSN California.
Breaking News: Logan Couture has just agreed to a contract extension with #sjsharks— Brodie Brazil (@brodiebrazilCSN) June 18, 2013
Terms of the deal were not disclosed, but according to Sharks Insider Kevin Kurz, the extension is expected to be five years, taking him through the 2018-19 season.
Expect Logan Couture's contract extension to be five years, taking him through the 2018-19 season. One year left on current deal. #SJSharks— Kevin Kurz (@KKurzCSN) June 18, 2013
[REWIND: Sharks checklist No. 1: Sign Couture long term]
The 24-year-old All-Star has one year remaining on his current deal at a salary of $3 million. It’s the final year of a two-year, $5.75 million extension Couture signed in August, 2011.