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July 30, 2014 | 11:03am ET
Habs, Subban want long-term commitment

With P.K. Subban's arbitration hearing scheduled for Friday morning, his agents and the Montreal Canadiens continue to work towards a long-term agreement.

Subban, 25, is a restricted free agent coming off a two-year, $5.75 million contract.

The Canadiens filed a one-year, $5.25 million offer through arbitration, while Subban's camp is asking for $8.5 million.

While though numbers have been strategically presented in the event the two sides cannot agree to a deal and arbitration is the last resort, it's believed the Canadiens are hoping to sign Subban to a long-term deal worth between $6.5 million to $7 million, per season.

Subban's camp is believed to be looking at between $7.5 million and $8 million, per year, on a long-term contract.

Both parties appear set on a long-term commitment -- seven or eight years, a source confirmed -- but the barrier currently revolves around Subban's annual salary.

Subban finished the 2013-14 season with a career-high 43 assists and 53 points, as well as 153 hits.

Drafted by the Habs in the second-round (43rd overall) of the 2007 NHL Entry Draft, Subban captured the Norris Trophy as the NHL's top defenseman in 2012-13 and won a gold medal at the 2014 Winter Olympics with Canada.

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