The Philadelphia Flyers have come to terms on a contract extension with captain Claude Giroux, the team announced Friday morning. The eight-year, $66.2 million deal will carry an annual average value of $8.275 million, which will give Giroux the highest cap hit on the team.
The 25-year-old captain is entering the final-year of a three-year, $11.25 million contract, which accounted for $3.75 million against the salary cap. He would have become a restricted free agent at the end of next season. Giroux's new deal will begin in the 2014-15 season and carry until the completion of the 2021-22 season.
Originally selected with the No. 22 overall pick in the 2006 NHL Entry Draft, Giroux has played in 333 regular-season games and collected 291 points (91 goals, 200 assists). In 50 playoff games, he has recorded 55 points (21 goals and 34 assists).
Largely considered one of the best young players in the game today, Giroux was named captain of the Flyers prior to the 2013 season.