And the saga is over.
It was first reported by Sportsnet’s Elliotte Friedman that the Colorado Avalanche has signed prized d-man Tyson Barrie to a 4 year, $22 million contract. Barrie will be paid $5 million, $5.25 million, $5.75 million, and $6 million in each respective season with a cap hit of $5.5 million.
The Avs and Tyson Barrie’s camp went forward with their arbitration case on Friday, July 29 in Toronto, Canada. The arbitrator had 48 hours to determine the amount of money Tyson Barrie would be paid. The Avs would then choose to either walk away from the money awarded to Barrie or except it. The Avs would then choose either a 1 or 2 year deal.
It came down to the wire but ultimately the Avs and Tyson Barrie worked out a deal to secure his rights for the next 4 years.
Tyson Barrie, who just turned 25 this past week, led the Avs’ blueline in goals and points this past season, scoring 13 goals and 49 points. In the 2014-15 season, Barrie tallied 12 goals and 53 points in 80 games,
The Avs now have $1.53 million cap space.