The Colorado Avalanche took care of one of their own, re-signing restricted free agent defenseman Nick Holden to a three-year deal worth $4.95 million over the course of the contract. That’s a cap hit of $1.65 million per season.
The Avalanche gave Holden his first real shot in the NHL last season and he didn’t disappoint. In 54 games, Holden scored 10 goals and finished with 25 points. He also played well in his own end and showed great growth throughout the season. In seven playoff games, Holden scored three goals.
The 27-year old was in and out of the line-up early in the season, but worked hard to become a permanent fixture in the Avs top six on the back end.
Thoughts: A good contract for a player who might be a top four defenseman next season and beyond. Nick Holden surprised pretty much everyone with how well he played throughout the season and there is still room for him to grow into an even better defenseman. Three years at $1.65 million is a steal if he continues on this path and isn’t crippling if it turns out that this past season was a fluke.