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Canadiens sign Alex Galchenyuk to 3-year, $14.7 million contract, per report

Another top RFA gets locked up.

New York Rangers v Montreal Canadiens - Game Two Photo by Minas Panagiotakis/Getty Images

The Montreal Canadiens and forward Alex Galchenyuk have agreed to a three-year contract with an average annual value of $4.9 million, reports TVA Sports’ Renaud Lavoie. That’s a total payout of $14.7 million.

Galchenyuk, 23, just filed for salary arbitration as a restricted free agent right before agreeing to a new deal with the Canadiens. Now both sides get to avoid that process as they lock in for another three years together.

His previous contract was a two-year deal worth $2.8 million annually, per Cap Friendly. When this upcoming deal expires, he’ll be set to hit unrestricted free agency.

Galchenyuk recorded 17 goals and 27 assists in 61 games last season. That’s down from the year before when he racked up 30 goals and 26 assists, when he started really tapping into his scoring potential.

The Canadiens acquired Jonathan Drouin from the Lightning this summer, so Galchenyuk could have a new linemate there. If they can show some chemistry together, it could be a fearsome young duo of No. 3 overall picks for Montreal going forward. Galchenyuk went third in 2012, while Drouin went in the same spot a year later.