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Detroit Red Wings signed Joseph Veleno (1 Year / $825,000 AAV)

Was this a good signing?
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Aug. 22, 2023 at 6:40 p.m.
#1
Joseph Veleno has signed a new contract with the Detroit Red Wings.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Steve Yzerman
Length: 1 year
Value: $825,000
Expiry Status: RFA (Arb)
Cap % Tooltip: 0.99
Signing Team: Logo of the Detroit Red WingsDetroit Red Wings
Signing Date: Aug. 22, 2023
Source: CapFriendly

Joseph Veleno signed a 1 year, $825,000 contract with the Detroit Red Wings on Aug. 22, 2023. The contract has a cap hit of $825,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2023-24$825,000$825,000$0$0$825,000$825,000$825,000
TOTAL$825,000$825,000$0$0$825,000$825,000$825,000
Qualifying OfferTooltip: $866,250
Aug. 22, 2023 at 6:43 p.m.
#2
BCAPP
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Wow, cheap
Elmo21 liked this.
Aug. 22, 2023 at 6:48 p.m.
#3
JackForHart
1-0 them
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good deal
Aug. 22, 2023 at 7:15 p.m.
#4
NorthernLeafsFan05
Amirov Forever
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Nice deal for a nice player
Aug. 22, 2023 at 7:17 p.m.
#5
Jfstompers
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Wouldn't be surprised to see him get moved
pavelisgoat, Boubou79, rollie1967 and 1 other person liked this.
Aug. 22, 2023 at 7:26 p.m.
#6
CameronSquires
McMann Season
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I think his antics in the IIHF game brought down his earnings tbh
AK50, Aebexz and bixyboii liked this.
Aug. 22, 2023 at 8:06 p.m.
#7
AK50
JT Miller for Hart
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Quoting: NorthernLeafsFan05
Nice deal for a nice player


Wouldn’t say nice for what he did in the IIHF tourney.
Aug. 22, 2023 at 8:32 p.m.
#8
pavelisgoat
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Quoting: Jfstompers
Wouldn't be surprised to see him get moved


I’ve been thinking this lately as well. Further expectation after a cheap deal. Think they hope he has a good start to the season and could be moved closer to the deadline in one of those overpay for a cheap rfa type situation that we’ve been seeing lately
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Aug. 22, 2023 at 8:37 p.m.
#9
Jfstompers
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Quoting: pavelisgoat
I’ve been thinking this lately as well. Further expectation after a cheap deal. Think they hope he has a good start to the season and could be moved closer to the deadline in one of those overpay for a cheap rfa type situation that we’ve been seeing lately


Honestly Id rather Kasper in the bottom 6 on day 1 and if that means Veleno is expendable or scratched then so be it.
Aug. 22, 2023 at 10:35 p.m.
#10
Brian2016
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It's hard to call a 30th OA pick a bust, especially if they become a regular NHL player, but I remember his hype. He's been a major disappointment to say the least. Maybe he breaks out this season.
Boubou79 and rollie1967 liked this.
Aug. 23, 2023 at 12:23 a.m.
#11
CSStrowbridge
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You can't complain about a contract this close to league min where the play is still an RFA at the end.
rollie1967 liked this.
Aug. 23, 2023 at 12:59 a.m.
#12
pavelisgoat
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Quoting: Jfstompers
Honestly Id rather Kasper in the bottom 6 on day 1 and if that means Veleno is expendable or scratched then so be it.


I’m torn on that. Many have pointed out they want some of the young guys to get top reps in the Ahl and also build chemistry with each other. I particularly buy into that for 2 guys - Mazur and Kasper as I think they’re future linemates on the wings. I also think Veleno has enough to offer and is one of our more physical players. However, I’m with you in really wanting to see Kasper in the big leagues. Torn.
Aug. 23, 2023 at 8:30 a.m.
#13
RawDeal
Hockey/Caps fan
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Not sure why this took so long... maybe Y wearing Joe down.
Aug. 23, 2023 at 8:48 a.m.
#14
palhal
LongtimeLeafsufferer
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As a Leaf fan, I have always been interested in Veleno.
Leafs who needed centres in Veleno draft year, drafted Sandin at 29, Veleno went at 30. Didn't really in understand the pick at the time. A week later, UFA centre Tavares was signed.
Aug. 23, 2023 at 9:21 a.m.
#15
atlantathrashers
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Another one of those low-risk contracts. I hope he can prove himself this season to become at least a 40-point scorer, but I doubt that will happen
Aug. 23, 2023 at 10:03 a.m.
#16
HockeyScotty
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It will be interesting to see how the Wings roster comes together/line rushes and defensive pairings. Heck even their depth in net (Reimer/Lyon as backups with Cossa/Augustine as "goalies of the future") gives them options. They will still have a good amount of cap space (and more if they end up moving Fabbri out).

Patrick Kane reunion with DeBrincat if they are battling for a playoff spot?

Not sure they have the high-end talent to make the playoffs as it stands right now but they can be in the mix for a wildcard spot if the D
Aug. 23, 2023 at 6:04 p.m.
#17
AZWings
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Not too many RFAs manage take a pay cut on their 2nd contract...
 
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