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Colorado Avalanche signed Miles Wood (6 Years / $2,500,000 AAV)

Was this a good signing?
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Jul. 1, 2023 at 4:30 p.m.
#1
Miles Wood has signed a new contract with the Colorado Avalanche.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Chris MacFarland
Length: 6 years
Value: $15,000,000
Expiry Status: UFA
Cap % Tooltip: 2.99
Signing Team: Logo of the Colorado AvalancheColorado Avalanche
Signing Date: Jul. 1, 2023
Source: CapFriendly

Miles Wood signed a 6 year, $15,000,000 contract with the Colorado Avalanche on Jul. 1, 2023. The contract has a cap hit of $2,500,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2023-24$2,500,000$2,500,000$0$0$3,250,000$3,250,000$3,250,000
2024-25M-NTC$2,500,000$2,500,000$0$0$3,250,000$3,250,000$3,250,000
2025-26M-NTC$2,500,000$2,500,000$0$0$2,500,000$2,500,000$2,500,000
2026-27M-NTC$2,500,000$2,500,000$0$0$2,000,000$2,000,000$2,000,000
2027-28M-NTC$2,500,000$2,500,000$0$0$2,000,000$2,000,000$2,000,000
2028-29M-NTC$2,500,000$2,500,000$0$0$2,000,000$2,000,000$2,000,000
TOTAL$15,000,000$15,000,000$0$0$15,000,000$15,000,000$15,000,000
CLAUSE DETAILS: M-NTC beginning June 15, 2024: 6 team no-trade list
CLAUSE SOURCE: CapFriendly
Jul. 1, 2023 at 4:31 p.m.
#2
NorthernLeafsFan05
Amirov Forever
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Ummm, what?
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Jul. 1, 2023 at 4:31 p.m.
#3
SevenLeg
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You just don't throw that kind of term to a guy with that much injury history. It’s not like they’re getting him on a steal of a cap hit either.
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Jul. 1, 2023 at 4:31 p.m.
#4
KSIxSKULLS
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What a terrible contract. He's a "meh" 4th line player with a high finishing rate. 2.5 Million is going to be peanuts by the end of this contract, but wild he got the term.
Jul. 1, 2023 at 4:32 p.m.
#5
KSIxSKULLS
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The contract is literally high risk, low reward
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Jul. 1, 2023 at 4:32 p.m.
#6
DongLord23
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Shouldn't sign bottom 6 players to long term deals.
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Jul. 1, 2023 at 4:32 p.m.
#7
NorthernLeafsFan05
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FWIW, I like the fit between Colorado and Wood. He is fast and physical. Good scoring upside. His injury history is a little worrisome, and committing 6 years to a bottom 6er that has never worn your jersey is certainly a decision. I think it has the potential to grow into a pretty darn good deal, but for now it's just meh
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Jul. 1, 2023 at 4:32 p.m.
#8
LaffsFan
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This guy just went a full season without playing then they handed him a 6 year contract 😭
Jul. 1, 2023 at 4:32 p.m.
#9
atlantathrashers
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The fact that he has over 20 points is a miracle. The guy is a walking penalty. Colorado is not going to like that contract by the end of October
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Jul. 1, 2023 at 4:33 p.m.
#10
KSIxSKULLS
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Quoting: atlantathrashers
The fact that he has over 20 points is a miracle. The guy is a walking penalty. Colorado is not going to like that contract by the end of October


It's going to be one of those contracts that they by out and will be paying him until 2040
Jul. 1, 2023 at 4:33 p.m.
#11
Highsman13
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What a terrible contract, on his best days he's a 3rd line winger and that is few and far inbetween. One of the worst signings of the day for sure.
Jul. 1, 2023 at 4:34 p.m.
#12
Devil
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He was the worst forward on a good Devils team last year and is still dealing with that hip injury he suffered in 2022

6 years for him is extremely risky and 2.5M AAV is a little steep

Good for Miles to get that contract but yikes for Colorado
Jul. 1, 2023 at 4:34 p.m.
#13
Devil
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Barclay Goodrow 2.0
Jul. 1, 2023 at 4:36 p.m.
#14
CalvinKlein
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I mean I know the caps gonna go up, but yikes. Good for Miles, good for NJ for letting him go, and good luck to Colorado to that contract... they'll need it.
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Jul. 1, 2023 at 4:41 p.m.
#15
HockeyScotty
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I don't mind the player as a fit on our team but the contract is horrendous. Pretty much all of our free cap space this year on him.
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Jul. 1, 2023 at 4:51 p.m.
#16
TheAlien
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The **** are Sakic and Yzerman doing lmaoo
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Jul. 1, 2023 at 4:51 p.m.
#17
Pond_Duck
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Wtf. That’s all I have to say, why?
Jul. 1, 2023 at 4:52 p.m.
#18
Newgod77
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What exactly does this player do well
Jul. 1, 2023 at 4:53 p.m.
#19
KSIxSKULLS
WentWughes
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Quoting: Newgod77
What exactly does this player do well


Get injured
Jul. 1, 2023 at 5:20 p.m.
#20
NHLfan10506
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Lefty Josh Anderson
Jul. 1, 2023 at 5:36 p.m.
#21
NHLfan10506
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Quoting: Newgod77
What exactly does this player do well


Big, fast, physical, can shoot

Produces offense mostly on shot volume. Is heavy on forecheck. Was the fastest straight-line skater on Devils for years. Is great at stretching the ice. Plays physical, can play role of being a pest, fights if needed, plays in dirty areas. At his worst, he can take a few too many bad penalties and slump due to fewer chances. At his best, can take over any shift.

He had a major hip injury that required surgery in October 2021 and he sat out 2021-22 (he came back at end of season for a few games). They said it would take six months to recover, probably another year to fully get his legs back. In 2022-23, he started off slow. Didn’t seem to have that top gear. But we started to see the usually Wood at end of year and in playoffs a bit.

(Also, a really intelligent guy…got into Brown and Princeton…and often is nominated as team rep on labor issues and other matters).

I thought he would have been someone for a 1-year ‘prove it’ deal…then cash in long term next summer. But at $2.5m it is good value for Avs.

Great candidate for a rebound. Expect 15-20 goals and a physical mixer-upper in bottom-six.

Good signing
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Jul. 1, 2023 at 6:41 p.m.
#22
drambui
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Quoting: NHLfan10506
Big, fast, physical, can shoot

Produces offense mostly on shot volume. Is heavy on forecheck. Was the fastest straight-line skater on Devils for years. Is great at stretching the ice. Plays physical, can play role of being a pest, fights if needed, plays in dirty areas. At his worst, he can take a few too many bad penalties and slump due to fewer chances. At his best, can take over any shift.

He had a major hip injury that required surgery in October 2021 and he sat out 2021-22 (he came back at end of season for a few games). They said it would take six months to recover, probably another year to fully get his legs back. In 2022-23, he started off slow. Didn’t seem to have that top gear. But we started to see the usually Wood at end of year and in playoffs a bit.

(Also, a really intelligent guy…got into Brown and Princeton…and often is nominated as team rep on labor issues and other matters).

I thought he would have been someone for a 1-year ‘prove it’ deal…then cash in long term next summer. But at $2.5m it is good value for Avs.

Great candidate for a rebound. Expect 15-20 goals and a physical mixer-upper in bottom-six.

Good signing


and now you understand whats its like to be a habs fan defending josh anderson. (i know he is on a worst contract)
Jul. 1, 2023 at 7:01 p.m.
#23
NHLfan10506
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Quoting: drambui
and now you understand whats its like to be a habs fan defending josh anderson. (i know he is on a worst contract)


Anderson at $2.5m would be okay.
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Jul. 1, 2023 at 7:04 p.m.
#24
drambui
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Quoting: NHLfan10506
Anderson at $2.5m would be okay.


i would dare even say a bargain. i wish frown
Jul. 1, 2023 at 8:52 p.m.
#25
NHLfan10506
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Quoting: drambui
i would dare even say a bargain. i wish frown


Don’t go overboard.
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