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New Jersey Devils signed Damon Severson (6 Years / $4,166,666 AAV)

Was this a good signing?
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Sep. 11, 2017 at 9:32 a.m.
#1
Damon Severson has signed a new contract with the New Jersey Devils.
Standard Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Ray Shero
Length: 6 years
Value: $25,000,000
Expiry Status: UFA
Cap % Tooltip: 5.56
Signing Team: Logo of the New Jersey DevilsNew Jersey Devils
Signing Date: Sep. 11, 2017

Damon Severson signed a 6 year, $25,000,000 contract with the New Jersey Devils on Sep. 11, 2017. The contract has a cap hit of $4,166,666.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2017-18$4,166,666$4,166,666$0$0$2,500,000$2,500,000$2,500,000
2018-19$4,166,666$4,166,666$0$0$3,000,000$3,000,000$3,000,000
2019-20$4,166,666$4,166,666$0$0$4,675,000$4,675,000$4,675,000
2020-21$4,166,666$4,166,666$0$0$4,675,000$4,675,000$4,675,000
2021-22$4,166,666$4,166,666$0$0$5,050,000$5,050,000$5,050,000
2022-23$4,166,666$4,166,666$0$0$5,100,000$5,100,000$5,100,000
TOTAL$24,999,996$24,999,996$0$0$25,000,000$25,000,000$25,000,000
Sep. 11, 2017 at 11:29 a.m.
#2
zdog14
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Joined: Sep. 2017
Posts: 20
Likes: 12
The cap is what I was expecting so no surprise there. I think the term is a bit long but I think it will be ok since the Clowe contract is coming off the books after this year and this is about the same cap hit so I think we will be fine. I also think this sends the message that Severson is a part of our future long term and that we want him here and contributing when we expect to be competitive. Good signing
Sep. 11, 2017 at 12:01 p.m.
#3
clark
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Joined: Nov. 2016
Posts: 2,933
Likes: 362
seems very fair. zdog14, why worry about clown's contract. ltir' don't really affect the cap,
Sep. 12, 2017 at 1:21 p.m.
#4
CD282
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Joined: Mar. 2017
Posts: 24,015
Likes: 7,737
Same contract they signed Adam Larsson to, no?
 
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