The <a href="https://canucksarmy.com/combinations">Vancouver Canucks</a> are closing in on a contract extension with goaltender Thatcher Demko, according to a report from Daily Faceoff&#8217;s Frank Seravalli.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
Sources say <a href="https://twitter.com/hashtag/Canucks?src=hash&amp;ref_src=twsrc%5Etfw">#Canucks</a> and goaltender Thatcher Demko are closing in on a contract extension that will keep him in Vancouver. 
Demko is eligible to sign an extension as soon as tomorrow and it sounds like that will indeed happen.
&mdash; Frank Seravalli (@frank_seravalli) <a href="https://twitter.com/frank_seravalli/status/1939707564171608220?ref_src=twsrc%5Etfw">June 30, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
<a href="https://x.com/darrendreger/status/1939709370025083241?s=46">TSN&#8217;s Darren Dreger added</a> that while the Canucks and Demko have agreed on term, there is &#8220;still some work being done&#8221; on money and structure. Dreger reported last week that <a href="https://canucksarmy.com/news/dreger-progress-been-made-multi-year-extension-between-demko-vancouver-canucks-silovs-could-play">progress had been made on a Demko extension.</a>
Demko becomes extension eligible on Tuesday, July 1st, and with reports of Conor Garland signing a 6 year extension at $6 million annually coming down last week, it&#8217;s very possible the Canucks announce two contract extensions tomorrow.
Both Demko and Canucks president of hockey operations Jim Rutherford made it clear at their end of season press conferences that they hoped an extension could get done. Rutherford talked about the risk involved given Demko&#8217;s struggle to stay healthy &#8212; especially this past season, when multiple injuries limited him to just 23 games played &#8212; but still said the club wanted to sign Demko to an extension.
Demko, who turns 30 in December, was the runner-up for the Vezina Trophy in 2023-24 after picking up a career-high 35 wins and a career-best .918 save percentage through 51 games.
A few weeks ago, we attempted to break down what the sweet spot might be for an extension between the Canucks and Demko, and <a href="https://canucksarmy.com/news/whats-sweet-spot-extension-vancouver-canucks-thatcher-demko">you can read that by clicking below!</a>
<h2><a href="https://canucksarmy.com/news/whats-sweet-spot-extension-vancouver-canucks-thatcher-demko">READ NEXT: What’s the sweet spot for an extension between the Canucks and Thatcher Demko?</a></h2>
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Get ready for wall-to-wall coverage of one of the biggest days in the calendar — the Daily Faceoff Live Free Agency Special goes live on July 1st at 8 AM PT. Host Tyler Yaremchuk is joined by Carter Hutton, Matthew Barnaby, Jeff Marek, Hart Levine, Colby Cohen, Jonny Lazarus, and insiders from across the Network for three hours of in-depth analysis, live reactions, and real-time updates on every major signing and trade. From blockbuster deals to under-the-radar moves, we’re breaking it all down as it happens. Don’t miss a minute — catch the full special live on <a href="http://dailyfaceoff.com">DailyFaceoff.com</a> and Daily Faceoff’s YouTube.

The <a href="https://canucksarmy.com/combinations">Vancouver Canucks</a> are closing in on a contract extension with goaltender Thatcher Demko, according to a report from Daily Faceoff's Frank Seravalli.

https://twitter.com/frank_seravalli/status/1939707564171608220

<a href="https://x.com/darrendreger/status/1939709370025083241?s=46">TSN's Darren Dreger added</a> that while the Canucks and Demko have agreed on term, there is "still some work being done" on money and structure. Dreger reported last week that <a href="https://canucksarmy.com/news/dreger-progress-been-made-multi-year-extension-between-demko-vancouver-canucks-silovs-could-play">progress had been made on a Demko extension.</a>

Demko becomes extension eligible on Tuesday, July 1st, and with reports of Conor Garland signing a 6 year extension at $6 million annually coming down last week, it's very possible the Canucks announce two contract extensions tomorrow.

Both Demko and Canucks president of hockey operations Jim Rutherford made it clear at their end of season press conferences that they hoped an extension could get done. Rutherford talked about the risk involved given Demko's struggle to stay healthy -- especially this past season, when multiple injuries limited him to just 23 games played -- but still said the club wanted to sign Demko to an extension.

Demko, who turns 30 in December, was the runner-up for the Vezina Trophy in 2023-24 after picking up a career-high 35 wins and a career-best .918 save percentage through 51 games.

A few weeks ago, we attempted to break down what the sweet spot might be for an extension between the Canucks and Demko, and <a href="https://canucksarmy.com/news/whats-sweet-spot-extension-vancouver-canucks-thatcher-demko">you can read that by clicking below!</a>
<h2><a href="https://canucksarmy.com/news/whats-sweet-spot-extension-vancouver-canucks-thatcher-demko">READ NEXT: What’s the sweet spot for an extension between the Canucks and Thatcher Demko?</a></h2>
<a href="https://www.youtube.com/@daily_faceoff"><img class="alignnone size-full wp-image-144968" src="https://publish.canucksarmy.com/wp-content/uploads/sites/3/2099/08/FA2025-Promos-Article_727x404_b.png" alt="" width="728" height="404" /></a>

Get ready for wall-to-wall coverage of one of the biggest days in the calendar — the Daily Faceoff Live Free Agency Special goes live on July 1st at 8 AM PT. Host Tyler Yaremchuk is joined by Carter Hutton, Matthew Barnaby, Jeff Marek, Hart Levine, Colby Cohen, Jonny Lazarus, and insiders from across the Network for three hours of in-depth analysis, live reactions, and real-time updates on every major signing and trade. From blockbuster deals to under-the-radar moves, we’re breaking it all down as it happens. Don’t miss a minute — catch the full special live on <a href="http://dailyfaceoff.com">DailyFaceoff.com</a> and Daily Faceoff’s YouTube.

Canucks closing in on contract extension for Thatcher Demko: reports

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