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Minnesota Wild signed Mikko Koivu (2 Years / $5,500,000 AAV)

Was this a good signing?
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Sep. 18, 2017 at 8:27 p.m.
#1
Mikko Koivu has signed a new contract with the Minnesota Wild.
35+ Contract (Extension)
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Chuck Fletcher
Length: 2 years
Value: $11,000,000
Expiry Status: UFA
Cap % Tooltip: 7.33
Signing Team: Logo of the Minnesota WildMinnesota Wild
Signing Date: Sep. 18, 2017
Source: www.nhl.com

Mikko Koivu signed a 2 year, $11,000,000 contract with the Minnesota Wild on Sep. 18, 2017. The contract has a cap hit of $5,500,000.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2018-19NMC$5,500,000$5,500,000$0$0$6,000,000$6,000,000$6,000,000
2019-20NMC$5,500,000$5,500,000$0$0$5,000,000$5,000,000$5,000,000
TOTAL$11,000,000$11,000,000$0$0$11,000,000$11,000,000$11,000,000
CLAUSE SOURCE: CapFriendly
Sep. 18, 2017 at 8:48 p.m.
#2
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Joined: Jun. 2017
Posts: 198
Likes: 500
Good contract. He's 34, but still effective, and two years is a reasonable length.
quebecois liked this.
Sep. 18, 2017 at 9:01 p.m.
#3
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Joined: Nov. 2015
Posts: 1,565
Likes: 89
This seems rather expensive to me. While yes he is a fantastic middle six centerman. You would think he might give a hometown discount seeing as he's their Captain, and the team is a contender. It's not awful but it could be a lot better
Sep. 24, 2017 at 5:36 a.m.
#4
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Joined: May 2017
Posts: 21
Likes: 4
What makes you think he didn't give a discount? His yearly salary drops from a little over 9 million USD to 5,5. That number is exactly what the Wild needed in order to stay competitive.
 
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