His annual cap hit stands at $4.5 million, a strategic move considering Foligno's impending free agency.
Foligno, acquired from Boston last year, initially signed a one-year $4 million contract with the Blackhawks, swiftly establishing himself as a key team leader. Extending his contract aligns seamlessly with the ongoing rebuilding efforts of the organization.
Blackhawks GM Kyle Davidson lauded Foligno's impact, emphasizing his work ethic and leadership skills:
A lot of fans have take to twitter saying that this is an overpay. Foligno isn't getting any younger, but the Blackhawks have the cap space to make it work. Also if they do end up deciding to trade him at the deadline, they will be able to retain a big chunk of his cap hit.
This extension signifies the Blackhawks' commitment to Foligno's contributions, reflecting their belief in his pivotal role in shaping the team's future.
As seen on hawksinsider
POLL | ||
12 JANVIER | 673 ANSWERS Former Boston Bruins Player Signs A Controversial Contract Do you think this was an overpay? | ||
Yes | 472 | 70.1 % |
No | 201 | 29.9 % |
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