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New Jersey Devils signed Damon Severson (8 Years / $6,250,000 AAV)

Was this a good signing?
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Jun. 9, 2023 at 9:49 a.m.
#1
Damon Severson has signed a new contract with the New Jersey Devils.
Standard Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Tom Fitzgerald
Length: 8 years
Value: $50,000,000
Expiry Status: UFA
Cap % Tooltip: 7.58
Signing Team: Logo of the New Jersey DevilsNew Jersey Devils
Signing Date: Jun. 9, 2023
Source: CapFriendly

Damon Severson signed a 8 year, $50,000,000 contract with the New Jersey Devils on Jun. 9, 2023. The contract has a cap hit of $6,250,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2023-24NTC$6,250,000$6,250,000$0$2,000,000$6,000,000$8,000,000$8,000,000
2024-25NTC$6,250,000$6,250,000$0$2,000,000$6,000,000$8,000,000$8,000,000
2025-26NTC$6,250,000$6,250,000$0$2,000,000$5,500,000$7,500,000$7,500,000
2026-27NTC$6,250,000$6,250,000$0$2,000,000$4,100,000$6,100,000$6,100,000
2027-28M-NTC$6,250,000$6,250,000$0$1,800,000$3,300,000$5,100,000$5,100,000
2028-29M-NTC$6,250,000$6,250,000$0$1,000,000$4,100,000$5,100,000$5,100,000
2029-30M-NTC$6,250,000$6,250,000$0$0$5,100,000$5,100,000$5,100,000
2030-31M-NTC$6,250,000$6,250,000$0$0$5,100,000$5,100,000$5,100,000
TOTAL$50,000,000$50,000,000$0$10,800,000$39,200,000$50,000,000$50,000,000
CLAUSE DETAILS: 2023-27: Full NTC | 2027-28: 20 team no-trade list | 2028-31: 12 team no-trade list
CLAUSE SOURCE: CapFriendly
Jun. 9, 2023 at 9:50 a.m.
#2
JackForHart
1-0 them
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not bad
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Jun. 9, 2023 at 9:50 a.m.
#3
Ritzy
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That right side is getting a little crowded in Columbus.

Contract probably doesn't age too well, but good for Severson.
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Jun. 9, 2023 at 9:53 a.m.
#4
JTrades
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This is a sign and trade. Still way too much money in my mind
Steven_Stamkos, CSStrowbridge, Gil_Martin and 2 others liked this.
Jun. 9, 2023 at 9:56 a.m.
#5
zk97
v5 CBJ GM
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What a great extension! Surely severson won’t be moved after signing for so long… right…?
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Jun. 9, 2023 at 9:57 a.m.
#6
Steven_Stamkos
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Jarmo Gone Wild
Jun. 9, 2023 at 9:58 a.m.
#7
dopplsan
Nah.
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Edited Jun. 9, 2023 at 11:46 a.m.
Boqvist/Peeke trade incoming. Gudbranson buy-out?

The term is the obvious issue, but the cap hit…actually ain’t half bad. Particularly once we consider how the cap is expecting huge jumps in the next few years.





He can play top-pair with Z and/or give Jiricek some shelter as he develops.

Even then, this reeks of “I need to get good immediately and I’m probably not here for the end of this contract anyway” type move from Jarmo.
Civil_Eng_PE, CSStrowbridge, oilersfan150 and 7 others liked this.
Jun. 9, 2023 at 10:01 a.m.
#8
EsoYeezus69
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Gonna be the number 2 RHD on Columbus for the rest of his career.

Behind Gudbranson of coure.
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Jun. 9, 2023 at 10:02 a.m.
#9
eddyed24
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I would say the aav is corect (I would gave him 5.75M) so not much of a difference, but he got to much term.
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Jun. 9, 2023 at 10:04 a.m.
#10
Devil
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Glad the Devils got to keep Sevo long term





oh no
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Jun. 9, 2023 at 10:06 a.m.
#11
NARC311
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Too much term
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Jun. 9, 2023 at 10:08 a.m.
#12
Leafsfan98
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Why couldn't the Leafs have gotten him for only a 3rd?
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Jun. 9, 2023 at 10:10 a.m.
#13
seanrushton
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This is going to age poorly... Columbus seems to trying to be going all in without the talent already there to make it make sense
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Jun. 9, 2023 at 10:11 a.m.
#14
hugeballer
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omg a sign and trade? what is this the NBA
Jun. 9, 2023 at 10:12 a.m.
#15
AK50
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He's a great defenseman, money is spot on. Term is what makes this not a great contract. Depending on the clauses, the contract could be worse(if he has a NMC).
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Jun. 9, 2023 at 10:16 a.m.
#16
Ritzy
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Quoting: Leafsfan98
Why couldn't the Leafs have gotten him for only a 3rd?


Because then they would have been stuck with this contract until Severson is 36.
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Jun. 9, 2023 at 10:17 a.m.
#17
Claesson4Norris
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Like Severson, but this is a bad contract. 8 years is crazy. Also really funny that CBJ has pushed their chips in on the blueline this week and their blueline is still mediocre.
Jun. 9, 2023 at 10:20 a.m.
#18
Leafsfan98
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Quoting: Ritzy
Because then they would have been stuck with this contract until Severson is 36.


Aren't the Leafs trying to win now? Not in 8 years?
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Jun. 9, 2023 at 10:21 a.m.
#19
hugeballer
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Quoting: Leafsfan98
Aren't the Leafs trying to win now? Not in 8 years?


Yes Leafs shoulda made this trade not CBJ
Jun. 9, 2023 at 10:22 a.m.
#20
Leafsfan98
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Quoting: hugeballer
Yes Leafs shoulda made this trade not CBJ


What Columbus needs to do, is rebuild IMO, not stay mediocre for the next decade because the GM wants too keep his job
Jun. 9, 2023 at 10:22 a.m.
#21
Gag1
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This is the identical contract the Flames paid Weegar (6.25 x 8) and both players are the same age. Term is likely too long on both contracts. The difference is Weegar is much better defender than Severson (IMO).
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Jun. 9, 2023 at 10:22 a.m.
#22
Ritzy
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Quoting: Leafsfan98
Aren't the Leafs trying to win now? Not in 8 years?


Just because they are in win now mode, doesn't mean they should start handing out bad contracts. I'm sure they can find pieces that are a little more temporary than long term that don't cost 6.25M for 8 years.
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Jun. 9, 2023 at 10:25 a.m.
#23
Leafsfan98
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Quoting: Ritzy
Just because they are in win now mode, doesn't mean they should start handing out bad contracts. I'm sure they can find pieces that are a little more temporary than long term that don't cost 6.25M for 8 years.


Would you take Severson at 6.25/4 years?
Jun. 9, 2023 at 10:28 a.m.
#24
Ritzy
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Quoting: Leafsfan98
Would you take Severson at 6.25/4 years?


Maybe, but not worth thinking too much about now.
Jun. 9, 2023 at 10:31 a.m.
#25
dopplsan
Nah.
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Also, anyone notice this is basically just The Weegar contract?
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