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Report: Tyler Myers Close To Multi Year Extension

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Nothing official just yet, but John Tavares and Tyler Myers on verge of big, multi-year contract extensions with NYI and BUF, respectively.less than a minute ago via Twitter for BlackBerry® Favorite Retweet Reply

 

The Sabres appear to be making quick work of wrapping up Tyler Myers before the season starts as TSN's Bob McKenzie is reporting that the Sabres are close to a deal with Myers. According to McKenzie, the deal is expected to be around six years and should have an average cap hit of $5.5 million. 

Myers still has one year left on his entry level deal that has a cap hit of $1.3 million and this new extension wouldn't take effect until that entry level deal finishes. If this extension works out, the Sabres would have $20.245 million in cap space committed to six defensemen. If the cap did not go up next season, it would also mean that the Sabres would have $9.05 million left in cap space with sixteen players signed. 

Getting Myers lined up for $5.5 million over six years should turn out to be a solid contract for the Sabres and Myers as the new CBA could shake some things up next season.