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January 7, 2014 | 10:24pm ET
Nothing new in Subban contract talks

The Montreal Canadiens would like to get star defenseman P.K. Subban locked up to a long-term contract, but neither side sees any immediate rush in getting a deal done.

Discussions between the Habs and Subban's agents remain ongoing, but there doesn't appear to be any progress being made.

During Tuesday night's Insider Trading segment on TSN, TSN Hockey Insider Bob McKenzie echoed those sentiments, saying, "there is no real hard news to report."

McKenzie did indicate that as a result of Dion Phaneuf signing a seven-year contract extension with the Toronto Maple Leafs worth $7 million per season, Subban's asking price "will be somewhere from $8 million to $9 million a year."

TFP has reported that Subban's next deal will likely fall between $7.5 million to $8.5 million per year.

Subban's next contract is expected to make him the highest paid defenseman in the NHL and the first to crack an annual salary cap hit of $8 million.

Nashville Predators captain Shea Weber is currently the NHL's top paid blueliner, with an annual salary cap hit of just over $7.875 million, followed by Minnesota Wild star Ryan Suter ($7.538 million), Florida Panthers star Brian Campbell ($7.142 million) and Los Angeles Kings young stud Drew Doughty ($7 million).

Starting next season, Pittsburgh Penguins rearguard Kris Letang will begin earning $7.25 million per season, while Phaneuf will start to make $7 million, on average.

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