As per HabsInsideOut:
The Canadiens have signed goaltender Carey Price to a two-year contract.
No word yet on the terms of the contract, which will take him to the end of the 2011-12 season.
From the team's press release:
MONTREAL – Montreal Canadiens general manager Pierre Gauthier announced today the signing of goaltender Carey Price to a two-year contract (2010-11 and 2011-12). As per Club policy, financial terms of the agreement were not disclosed.
“We are extremely happy that Carey has agreed to pursue his career with the Canadiens. Carey is a key member of our Club. He has proven that he has what it takes to be a good goaltender in the league, and we are confident he will perform to the best of his abilities for years to come in a Canadiens uniform”, said Canadiens general manager Pierre Gauthier.
Price, 22, completed in 2009-10 his third season with the Canadiens. The goaltender displayed a 13 wins, 20 losses and five overtime losses record in 41 games. He also registered a 2.77 goals against average and a .912 save percentage. Price was named the NHL Second Star of the Week for the period ending on November 22 and was also the recipient of the Molson Cup for the months of October and November.
Since 2007-08, Price has amassed 60 wins, including four shutouts, in 134 NHL regular-season games. The 6-03, 219-pound goaltender has also maintained a 2.73 goals against average and a .912 save percentage. He also played 15 career playoff games.
In 2008-09, Price was named to the NHL All-Star Game starting lineup. The previous season (2007-08), he became the first goaltender in the NHL aged 20 or less to win 20 games in a season since 1985-86. In 2006-07, he became the first player in hockey history to be named Canadian Hockey League Goaltender of the Year, World Junior Championship Tournament MVP (Gold medal with Team Canada) and win the AHL Playoff Most Valuable Player Trophy (Calder Cup with the Hamilton Bulldogs) all in the same year.
A native of Williams Lake, BC, Price was selected in the first round, fifth overall by the Canadiens at the 2005 NHL Entry Draft.