What's buzzing:

Avs sign G Varlamov to five-year extension

The SportsXchange

Goaltender Semyon Varlamov signed a five-year contract extension with the Colorado Avalanche on Thursday for a reported $29.5 million.

The contract averages $5.9 million per season, according to an ESPN report. The team did not release the terms of the deal, which would put his salary among the top 10 goalies next season.

"Undoubtedly, Semyon has been an impact player for us this season," Avalanche executive vice president of hockey operations Joe Sakic said. "At only 25 years old, he is entering the prime years of his career and he wants to be part of this franchise moving forward.

"We are very excited to have come to terms with him and the fact that he has agreed to a five-year extension demonstrates his commitment to the Avalanche and what we're trying to accomplish."

Varlamov, who would have become a restricted free agent after finishing the final year of a three-year, $8.5 million contract, has a 26-9-5 record with a .925 save percentage in 42 games in 2013-14. His save percentage is an improvement of 10 percent points from his career average of .915.

The Russian will be a member of his country's Olympic team next month in Sochi.

Earlier this season, Varlamov was charged with third-degree assault after his girlfriend accused him of assaulting her at their home on Oct. 30. The charges were later dropped.

Instantly join a new league.

League type:
Free Yahoo League
League size:
10 players
Draft time:
Sep 3 9:00 am
View Comments (6)