The two sides came to terms on an eight-year, $56 million deal that carries an annual average value of $7 million against the salary cap. Rask played out a one-year $3.5 million contract in 2013, according to CapGeek.com.
Rask officially took over the role of starting goaltender for the Bruins in 2013. He fared well in his new position by accumulating a .929 save percentage with a 2.00 goals-against average and five shutouts in 36 regular season appearances. Following the 48-game truncated season, manager Peter Chiarelli stated that Rask's performance in the playoffs would have implications on contract negotiations in the summer.
The 26-year-old goaltender used that occasion to strengthen his argument for a long-term contract with a substantial salary.
Backstopping the Bruins to their second Eastern Conference Championship in three seasons, Rask registered a .940 save percentage with a 1.88 goals-against average and three shutouts in 22 starts in the postseason. Initial reports indicated that Rask was seeking at least a six-year deal worth $39 million. The finalized deal will keep Rask in Boston through the 2020-21 season.
Originally chosen with the No. 21 overall selection in the 2005 NHL Entry Draft by the Toronto Maple Leafs, Rask was acquired via the Andrew Raycroft trade in 2006. In 138 career regular season games, Rask has compiled a .927 save percentage with a 2.15 goals against average and 16 shutouts.