Oct 10, 2020
Smith Signs a 1-Year, $1.50M Deal with the Oilers
Cap Hit
$1,500,000$1.50M
Term
1 year
Total Value
$1,500,000$1.50M
% of Cap
1.8%
Signing Status
UFA
2021 age 38
Expiry Status
UFA
2021 age 39
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Contract Breakdown
Mike Smith signed a 1 year, $1,500,000 contract with the Edmonton Oilers on Oct 10, 2020. The contract has a cap hit of $1,500,000 and expires at the end of the 2020-21 season.
Abbreviated $Amounts
|
2020-21
|
2021 |
|
|---|---|---|
| Cap Hit | $1,500,000$1.50M | UFAage 39 |
| AAV | $2,000,000$2.00M | |
| Base | $1,500,000$1.50M | |
| Performance Bonuses | $500,000$500K | |
| Signing Bonuses | - | |
| Total Salary | $1,500,000$1.50M | |
| Minors Salary |
$1,500,000$1.50M
|
|
| Clauses | ||
| Year Type | UFA | |
| UFA Year |
Notes
Clause Details: $50k at 20, 25, 30, 35 & 40 GP playing 30+ min per game
$125k for 1st Round Playoff series win if he has 2 GP
$125k for 2nd Round Playoff series win if he has 2 GP
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