Sedin Twins Sign Extension

It’s no secret that Henrik and Daniel Sedin do everything together. The twin brothers were selected consecutively in the 1999 NHL Entry Draft and have played on the same line since they were teenagers. It made perfect sense for the Vancouver Canucks to sign their captains to four-year contract extensions today.

Few players in the history of this club have had more significant roles in contributing to the success of this team and to our community and we look forward to many more years with their positive influence leading the way.- General Manager Mike Gillis

Financial terms of the contracts were not released, but multiple media reports valued each contract at $28 million. Already the highest salary capped players on the team at $6.1 million, the $7 million each salary cap hit could provide tremendous value should they play at the same level as they have been in recent seasons.

The Swedish internationals are in the final season of matching five-year, $30.5 million contracts, and would have become unrestricted free agents in July 2014. Now, they will remain in Vancouver until 2018.

“Daniel and Henrik are exemplary leaders, teammates and humanitarians and we’re very pleased to have them as part of our team for the long-term,” Canucks general manager Mike Gillis said in a statement announcing the new contracts. “Few players in the history of this club have had more significant roles in contributing to the success of this team and to our community and we look forward to many more years with their positive influence leading the way.”

The duo is very active in the community. Both players and their wives have made contributions to the BC Children’s Hospital.

While Gillis will get a lot of credit for working the extension, his assistant GM Laurence Gilman should be recognized as well. Gilman works a lot with the salary cap structure and coming up with the perfect number that satisfies both parties is a lot of work.

This season, they have played all 15 games with Henrik leading the team in assists (15) and points (18) and Daniel currently second in goals (6) and points (15). His assists mark leads the NHL and his points are second to Sidney Crosby.

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