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New Jersey Devils signed Timo Meier (8 Years / $8,800,000 AAV)

Was this a good signing?
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Jun. 28, 2023 at 1:09 p.m.
#1
Timo Meier 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: $70,400,000
Expiry Status: UFA
Cap % Tooltip: 10.54
Signing Team: Logo of the New Jersey DevilsNew Jersey Devils
Signing Date: Jun. 28, 2023
Source: CapFriendly

Timo Meier signed a 8 year, $70,400,000 contract with the New Jersey Devils on Jun. 28, 2023. The contract has a cap hit of $8,800,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2023-24$8,800,000$8,800,000$0$6,000,000$6,000,000$12,000,000$12,000,000
2024-25NMC$8,800,000$8,800,000$0$5,750,000$5,350,000$11,100,000$11,100,000
2025-26NMC$8,800,000$8,800,000$0$5,750,000$5,000,000$10,750,000$10,750,000
2026-27NMC$8,800,000$8,800,000$0$4,400,000$3,350,000$7,750,000$7,750,000
2027-28NMC$8,800,000$8,800,000$0$5,000,000$2,200,000$7,200,000$7,200,000
2028-29M-NTC, NMC$8,800,000$8,800,000$0$5,000,000$2,200,000$7,200,000$7,200,000
2029-30M-NTC, NMC$8,800,000$8,800,000$0$3,300,000$3,900,000$7,200,000$7,200,000
2030-31M-NTC, NMC$8,800,000$8,800,000$0$0$7,200,000$7,200,000$7,200,000
TOTAL$70,400,000$70,400,000$0$35,200,000$35,200,000$70,400,000$70,400,000
Arbitration Requested Icon ARBITRATION: This contract was signed following an arbitration filing
CLAUSE DETAILS: NMC from 2024-25 to 2030-31 | M-NTC begins 2028-29: 15 team no-trade list
CLAUSE SOURCE: CapFriendly
bkleins1 and tdavs17 liked this.
Jun. 28, 2023 at 1:11 p.m.
#2
atlantathrashers
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Under 9 million? Fitz is a mad man
capsfan2121, Devil, Chabotrrorr and 6 others liked this.
Jun. 28, 2023 at 1:11 p.m.
#3
capsfan2121
Tintin over 1122
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Devils are built very well long term with how much they are giving their guys
atlantathrashers, JTrades, leafsFan1996 and 9 others liked this.
Jun. 28, 2023 at 1:12 p.m.
#4
Daryl
get ur corsi up
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This will be tragically overshadowed by the David Kampf extension.
leafsFan1996, Chabotrrorr, dopplsan and 7 others liked this.
Jun. 28, 2023 at 1:12 p.m.
#5
Brian_O_Blivion
Moo-kama-doo-lin
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Told you Devs fans. Timo was always getting north of 8.5
Aebexz, poeticentropy and kogger liked this.
Jun. 28, 2023 at 1:13 p.m.
#6
dgibb10
I Love J Boqvist
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TIMO TIMEEEEE
Chabotrrorr and tdavs17 liked this.
Jun. 28, 2023 at 1:13 p.m.
#7
Caufield
Reinbacher Josi 2.0
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Shows that Cole Caufield contract is a good one
Broddy04, rollie1967 and seb87 liked this.
Jun. 28, 2023 at 1:14 p.m.
#8
NorthernLeafsFan05
Amirov Forever
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Great deal for the Devils who have locked up their entire core for 8 year... This team is going to be special
JTrades, Devil, Chabotrrorr and 4 others liked this.
Jun. 28, 2023 at 1:18 p.m.
#9
draft_em_sign_em_trade_em
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But how does this effect the Maple Leafs >?

Oh yea, this means Nylander on a 8 year deal is worth closer to $10 million.
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Jun. 28, 2023 at 1:20 p.m.
#10
Devil
Speak of the Devil
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Entire Core Locked up for 7/8 years

😈
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Jun. 28, 2023 at 1:20 p.m.
#11
aadoyle
Hakuna Matata
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There's Nylander's extension right there

Thanks Timo
Jun. 28, 2023 at 1:20 p.m.
#12
Devil
Speak of the Devil
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FzUnIiKWIAEqgZi?format=jpg&name=large
kogger liked this.
Jun. 28, 2023 at 1:23 p.m.
#13
CameronSquires
McMann Season
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8.8 is a lot, but if he keeps improving he will be worth over this amt
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Jun. 28, 2023 at 1:25 p.m.
#14
SadSensFan14
MOVE THE COYOTES
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I think it's a tad rich.
rollie1967 liked this.
Jun. 28, 2023 at 1:28 p.m.
#15
AK50
JT Miller for Hart
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Bit too much money. I saw him getting max 8.5 mil for 7 years or an 8x8 deal.
Jun. 28, 2023 at 1:33 p.m.
#16
KSIxSKULLS
WentWughes
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Steal of a deal, can't believe he signed for this cheap.
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Jun. 28, 2023 at 1:34 p.m.
#17
CSStrowbridge
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It's too much money. Yes, he did score 40 goals last year for the first time in his career, but he only managed 26 assists.

That said, with the cap going up, it will hopefully not be too much of a problem.
rollie1967 liked this.
Jun. 28, 2023 at 1:34 p.m.
#18
jpsnow13
You know nothing JS
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This team is set for a long time.

I can't keep myself from comparing their core to Toronto. Low AAV, long terms for their top6, allowing them to have more cap flexibility for depth through their roster. Hit or miss, at least they will have a bit of wiggle room to add pieces through the years.
Jun. 28, 2023 at 1:40 p.m.
#19
SnakeDelilah
lottery team fan
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steve dangle's gonna be ecstatic to learn that a high-end forward finally signed a contract without his jersey number in it
Jun. 28, 2023 at 1:40 p.m.
#20
A_Habs_fan
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Good deal, Meier has looked like a 1st liner and while in New Jersey, his production dropped off a bit, i'd expect him to do better as he gets used to his teammates
OldNYIfan liked this.
Jun. 28, 2023 at 1:41 p.m.
#21
budgeteam
couldnt afford 2nd t
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It is impossible to judge this signing before the actual terms are released (trade protection, salary structure, signing bonuses).

If he didn't get a NMC, and if the salary structure and signing bonuses do not prevent a buyout, then this is a huge win for New Jersey. If it is one of those contracts where the player has total control, I would argue the AAV is a bit high. Which doesn't mean it's a bad contract.

The window for the Devils to win is the next 4-5 years. There is nothing to suggest Meier will take a step back during that time. The back half of the contract has risk to it, but with the possibility of a salary cap that could approach 100M by year 5 of this contract, 8.8M might be closer to 2nd line money than star money.
RawDeal, OldNYIfan and Xavier02 liked this.
Jun. 28, 2023 at 1:42 p.m.
#22
mondo
torontos finest
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Quoting: jpsnow13

I can't keep myself from comparing their core to Toronto.


saw9zOo.jpg
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Jun. 28, 2023 at 1:44 p.m.
#23
AStovetop
Stovetop
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People who are voting no are out of their minds. They're just looking at his playoff stats from this past year and have never actually watched the guy,
Anything under 9 is an absolute steal.
Missouri, OldNYIfan, poeticentropy and 1 other person liked this.
Jun. 28, 2023 at 1:44 p.m.
#24
Missouri
Retired V2 V3 GM
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Good, glad they didn't give him $10M. He's worth 8-9 for sure, but not 10.
Jun. 28, 2023 at 1:46 p.m.
#25
DDoverChucky
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Can't wait until they have to retain half his salary and trade him for nothing tears of joy
 
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