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Florida Panthers signed Spencer Knight (3 Years / $4,500,000 AAV)

Was this a good signing?
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Sep. 27, 2022 at 10:26 a.m.
#1
Spencer Knight has signed a new contract with the Florida Panthers.
STANDARD CONTRACT (EXTENSION)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Bill Zito
LENGTH: 3 YEARS
EXPIRY STATUS: RFA
SIGNING TEAM: Logo of the Florida PanthersFlorida Panthers
VALUE: $13,500,000
C.H.% Tooltip: 5.45
SIGNING DATE: Sep. 27, 2022
SOURCE: CapFriendly

Spencer Knight signed a 3 year, $13,500,000 contract with the Florida Panthers on Sep. 27, 2022. The contract has a cap hit of $4,500,000.

SEASONCLAUSECAP HITTooltipAAV TooltipP. BONUSESTooltipS. BONUSESTooltipBASE SALARYTooltipTOTAL SALARYTooltipMINORS SALTooltip
2023-24$4,500,000$4,500,000$0$0$4,500,000$4,500,000$4,500,000
2024-25$4,500,000$4,500,000$0$0$4,500,000$4,500,000$4,500,000
2025-26$4,500,000$4,500,000$0$0$4,500,000$4,500,000$4,500,000
TOTAL$13,500,000$13,500,000$0$0$13,500,000$13,500,000$13,500,000
Qualifying OfferTooltip: $4,500,000
NoVaSpartan liked this.
Sep. 27, 2022 at 10:28 a.m.
#2
NoVaSpartan
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Decent deal, term runs out when Bob's does so they should have money to resign him after this contract. Feels like they could have gotten him for slightly less though.
TheFastAndTheFleuryous, oilersfan150, Saskleaf and 9 others liked this.
Sep. 27, 2022 at 10:28 a.m.
#3
Ritzy
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Nice deal for Knight, lot of money tied up in goalies for the next few years.
oilersfan150, OldNYIfan, capfriendlyaccount and 1 other person liked this.
Sep. 27, 2022 at 10:29 a.m.
#4
TheFastAndTheFleuryous
Thompson for Calder
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It’s fine in a vacuum, but with Bob’s $10-mil, it’s hard to swallow.
Font10, HockeyScotty, OldNYIfan and 9 others liked this.
Sep. 27, 2022 at 10:29 a.m.
#5
nintendofan721
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Terrible for a goalie who has proven even less than Oettinger
Saskleaf, Chabotrrorr, svensk_forskare and 10 others liked this.
Sep. 27, 2022 at 10:34 a.m.
#6
DirtyDangles
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Bahahahahaha

$4.5 for a goalie with 36 regular season games of experience!
capsfan2121, Saskleaf, Chabotrrorr and 10 others liked this.
Sep. 27, 2022 at 10:35 a.m.
#7
oilersfan150
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Good signing.
SoFlaSooner liked this.
Sep. 27, 2022 at 10:35 a.m.
#8
Font10
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More than Oettinger ?
Ouch, I'm not quite sure that's a good deal if you consider that Bobrovsky's still there...
Saskleaf, nintendofan721, Civil_Eng_PE and 8 others liked this.
Sep. 27, 2022 at 10:37 a.m.
#9
NHLfan10506
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Knight shares agent with Demko, who signed 5 x $5 million after 59 starts and .913 sv%.

This is probably the discounted compromise. Great signing.
Sep. 27, 2022 at 10:40 a.m.
#10
MatthewsFan
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Having Yandle’s $1,241,667 dead cap hit and 14.5 aav on goalies is certainly one way to mange the cap
OldNYIfan, aadoyle, Bruins1054_gmb and 4 others liked this.
Sep. 27, 2022 at 10:40 a.m.
#11
mondo
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at least half of this contract is because of the hype surrounding this kid. 4.5 x 3 to play backup is a fleecing.
Sep. 27, 2022 at 10:42 a.m.
#12
Random2152
Just Keep Swimming
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I like Spencer Knight but this seems like an extraordinarily player friendly deal compared to others right?
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Sep. 27, 2022 at 10:52 a.m.
#13
A_Habs_fan
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Good deal, Knight has a year to prove he's worth it before it kicks in and this deal expires when Bob's deal expires meaning goaltending won't be a problem for years. If i'm Zito, i'd much rather give Knight this then have him break out and then need to pay him bigger bucks/give him less term. Is it an overpayment in the now, sure but he should be worth it by year 2 of the extension
SoFlaSooner liked this.
Sep. 27, 2022 at 10:53 a.m.
#14
ProfessorFuzzymuffins
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Spending 15 million dollars for average goaltending certainly is a choice.
Levig01, majormoose007, CD282 and 4 others liked this.
Sep. 27, 2022 at 10:57 a.m.
#15
Rolfadinho
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This probably signals that Bob is gone at all cost next offseason.
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Sep. 27, 2022 at 11:05 a.m.
#16
OutDoorRinkBoy
Hi
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Bad move by FLA imo.
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Sep. 27, 2022 at 11:23 a.m.
#17
SnakeDelilah
im not sad anymore
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$4.5 mil for a backup????????? bill zito r u ok
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Sep. 27, 2022 at 11:42 a.m.
#18
Ritzy
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Quoting: NHLfan10506
Knight shares agent with Demko, who signed 5 x $5 million after 59 starts and .913 sv%.

This is probably the discounted compromise. Great signing.


I guess the only difference for now is Demko is getting every opportunity to make that contract look like a steal.

Is Knight going to get the same opportunity behind Bob? We'll see.
Sep. 27, 2022 at 11:51 a.m.
#19
drizzt
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Quoting: A_Habs_fan
Good deal, Knight has a year to prove he's worth it before it kicks in and this deal expires when Bob's deal expires meaning goaltending won't be a problem for years. If i'm Zito, i'd much rather give Knight this then have him break out and then need to pay him bigger bucks/give him less term. Is it an overpayment in the now, sure but he should be worth it by year 2 of the extension


Even if he would break out, he would get the same, max 5,5m so this is a big risk for the team. In the best case scenario this will look an okay deal next summer...
Sep. 27, 2022 at 11:55 a.m.
#20
Ritzy
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FLA's cap situation, outside of this season, isn't actually as terrible as I initially thought.

14M is a lot to fork out for goaltenders, but they have just over 11M in cap space next year with only 4 (hopefully 5) contracts to give out.

Lundell being on his ELC for the next 2 years is a bit of a bonus for them.
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Sep. 27, 2022 at 12:21 p.m.
#21
dopplsan
Nah.
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Quoting: Rolfadinho
This probably signals that Bob is gone at all cost next offseason.


Question is, do you buy him out and eat that awful dead money, or move everything not nailed to the ground in order to dump his salary?

And that’s *if* you can convince him to waive his NMC.
SoFlaSooner liked this.
Sep. 27, 2022 at 12:30 p.m.
#22
VijayPatel11
In Zito We Trust
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a bunch of hockey geniuses here i see
Sep. 27, 2022 at 12:32 p.m.
#23
A_Habs_fan
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Quoting: Rolfadinho
This probably signals that Bob is gone at all cost next offseason.


I would disagree, this deal ends when Bob's deal ends, i'd argue this means Bob stays until they both expire and then the Bob money can be partially transfered to Knight
Db1899, SoFlaSooner, capfriendlyaccount and 1 other person liked this.
Sep. 27, 2022 at 12:45 p.m.
#24
Doshee
Im just kinda here
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Wack.
Why over 4mil? Over 2-3 mil was overpriced, he hasn't proven himself at all
Bob already is wildly overpaid, adding another goalie to the overpay list isn't helping
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Sep. 27, 2022 at 12:56 p.m.
#25
ON3M4N
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Bit of a gamble here for FLA as Knight (while having a lot of hype) hasn't shown he can be that guy yet.
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