“If Hughes was quick to extend Texier’s contract, I wonder what he’s waiting for to offer an extension to ‘our guy’—he brings great depth and is a pro in his work ethic and attitude,” remarked an unnamed source regarding the contract situation of Joe Veleno. This statement underscores the growing anticipation around Veleno’s future with the Montreal Canadiens.
Joe Veleno is currently a depth forward for the Canadiens, contributing to a roster that is one of the youngest in the NHL, trailing only the Chicago Blackhawks. Kent Hughes, the General Manager of the team, has been proactive in managing contracts, having previously extended Alexandre Texier’s deal.
The Canadiens began their rebuilding phase four years ago, focusing on assembling a competitive roster. This strategy has allowed them to secure their top line under contract until 2030 for a combined total of 23.4 million USD, while their top-four defensive unit is locked in for a similar duration at 29.5 million USD.
As the Canadiens look ahead, they are projected to free up approximately 17.5 million USD by the end of the 2026-2027 season. This financial foresight positions the Canadiens to be a Stanley Cup contender for many years to come, especially with the NHL salary cap expected to increase significantly in the near future.
With 74 games played this season, Veleno’s contributions have been noted, and his potential extension is seen as a key move for the team’s future. The combined impact of players like Suzuki and Hutson is considered greater for a team, further emphasizing the importance of maintaining depth players like Veleno.
As discussions around Veleno’s contract continue, the Canadiens are in a position to leverage their financial flexibility to enhance their roster further. The outcome of these negotiations could significantly impact the team’s trajectory in the coming seasons.
Details remain unconfirmed regarding the specific terms of any potential extension for Veleno, but the interest from management indicates a commitment to retaining key players as part of their long-term strategy.