Subban was underpaid at $875,000 last season, the final year of his entry-level contract.
Capgeek calculates the Canadiens are $6.3 million under the cap – if you include Scott Gomez.
One encouraging indicator: Meehan represents Raphael Diaz, who avoided arbitration by signing a sensible two-year $2.45 million contract with the Canadiens.
• Larry Brooks gets a Donald Fehr memo
• Stu Hackel and James Mirtle on NHL finances
