Jul 7, 2016
Palmieri Signs a 5-Year, $23.25M Deal with the Devils
Cap Hit
$4,650,000$4.65M
Term
5 years
Total Value
$23,250,000$23.25M
% of Cap
6.4%
Signing Status
RFA
2017 age 25
Expiry Status
UFA
2021 age 30
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Contract Breakdown
Kyle Palmieri signed a 5 year, $23,250,000 contract with the New Jersey Devils on Jul 7, 2016. The contract has a cap hit of $4,650,000 and expires at the end of the 2020-21 season.
Abbreviated $Amounts
|
2016-17
|
2017-18
|
2018-19
|
2019-20
|
2020-21
|
2021 |
|
|---|---|---|---|---|---|---|
| Cap Hit | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | UFAage 30 |
| AAV | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | $4,650,000$4.65M | |
| Base | $4,500,000$4.50M | $4,500,000$4.50M | $5,000,000$5.00M | $5,000,000$5.00M | $4,250,000$4.25M | |
| Performance Bonuses | - | - | - | - | - | |
| Signing Bonuses | - | - | - | - | - | |
| Total Salary | $4,500,000$4.50M | $4,500,000$4.50M | $5,000,000$5.00M | $5,000,000$5.00M | $4,250,000$4.25M | |
| Minors Salary |
$4,500,000$4.50M
|
$4,500,000$4.50M
|
$5,000,000$5.00M
|
$5,000,000$5.00M
|
$4,250,000$4.25M
|
|
| Clauses |
M-NTC
|
M-NTC
|
M-NTC
|
|||
| Year Type | RFA | RFA | UFA | UFA | UFA | |
| UFA Year |
Notes
* Retained Salary Apr 7, 2021
50.00% of contract was retained by the New Jersey Devils in a trade to the New York Islanders
Trade DetailsComments
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