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Ottawa Senators signed Mike Hoffman (4 Years / $5,187,500 AAV)

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Jul. 27, 2016 at 10:14 a.m.
#1
Mike Hoffman has signed a new contract with the Ottawa Senators.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Pierre Dorion
Length: 4 years
Value: $20,750,000
Expiry Status: UFA
Cap % Tooltip: 7.11
Signing Team: Logo of the Ottawa SenatorsOttawa Senators
Signing Date: Jul. 27, 2016
Source: CapFriendly

Mike Hoffman signed a 4 year, $20,750,000 contract with the Ottawa Senators on Jul. 27, 2016. The contract has a cap hit of $5,187,500.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2016-17$5,187,500$5,187,500$0$0$3,800,000$3,800,000$3,800,000
2017-18M-NTC$5,187,500$5,187,500$0$0$5,650,000$5,650,000$5,650,000
2018-19M-NTC$5,187,500$5,187,500$0$0$5,650,000$5,650,000$5,650,000
2019-20M-NTC$5,187,500$5,187,500$0$0$5,650,000$5,650,000$5,650,000
TOTAL$20,750,000$20,750,000$0$0$20,750,000$20,750,000$20,750,000
Arbitration Requested Icon ARBITRATION: This contract was signed following an arbitration filing
CLAUSE DETAILS: Modified NTC: Starting 2017-18 the player can submit a 10 team no trade list.
CLAUSE SOURCE: @SunGarrioch
Jul. 27, 2016 at 3:19 p.m.
#2
Merchaholic
Go Sens!
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Joined: Jun. 2015
Posts: 6
Likes: 0
The classic sign and trade Senators contract. They'll keep him for the cheap first year then trade him off next year.
Jul. 27, 2016 at 7:13 p.m.
#3
Zbaddest
Ottawa Senators
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Joined: May 2015
Posts: 723
Likes: 45
Quoting: Merchaholic
The classic sign and trade Senators contract. They'll keep him for the cheap first year then trade him off next year.
When was the last time they did that?
 
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