With all the money the Anaheim Ducks are throwing at him - US$24 million over four years - it was an easy decision for the 30-year-old goaltender from Montreal to re-sign rather than become an unrestricted free agent as he could have on July 1.
He just helped the Ducks win the Stanley Cup, and he's cashed in bigtime. He'll be pulling down US$6 million a year during the life of the new deal.
He will earn $5.5 million in each of the first two years of his new deal, then $6 million and $7 million in each of the two final years of the deal.
Giguere was consistently good during the playoffs. His 1.97 goals-against average and .922 save percentage were improvements on his regular-season GAA of 2.26 and .918 save percentage. It was his sixth season with Anaheim.
The Ducks got him from Calgary in 2000 for only a second-round entry draft pick that year.
The six-foot-one butterfly specialist wanted to stay with the Ducks, who have been sensitive to his personal situation. Giguere and his wife, Kristen, welcomed a son, Maxime, into the world in April and he has a sight problem that has required the attention of medical specialists.
Giguere won the Conn Smythe Trophy as most valuable player in the 2003 playoffs after Anaheim lost to New Jersey in a championship series that went the limit.