Jul 13, 2022
Palat Signs a 5-Year, $30.00M Deal with the Devils
Cap Hit
$6,000,000$6.00M
Term
5 years
Total Value
$30,000,000$30.00M
% of Cap
7.3%
Signing Status
UFA
2023 age 31
Expiry Status
UFA
2027 age 36
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Contract Breakdown
Ondrej Palat signed a 5 year, $30,000,000 contract with the New Jersey Devils on Jul 13, 2022. The contract has a cap hit of $6,000,000 and expires at the end of the 2026-27 season.
Abbreviated $Amounts
|
2022-23
|
2023-24
|
2024-25
|
2025-26
|
2026-27
|
2027 |
|
|---|---|---|---|---|---|---|
| Cap Hit | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | UFAage 36 |
| AAV | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | $6,000,000$6.00M | |
| Base | $750,000$750K | $3,580,000$3.58M | $1,770,000$1.77M | $3,950,000$3.95M | $4,950,000$4.95M | |
| Performance Bonuses | - | - | - | - | - | |
| Signing Bonuses | $7,500,000$7.50M | $3,320,000$3.32M | $3,180,000$3.18M | $1,000,000$1.00M | - | |
| Total Salary | $8,250,000$8.25M | $6,900,000$6.90M | $4,950,000$4.95M | $4,950,000$4.95M | $4,950,000$4.95M | |
| Minors Salary |
$8,250,000$8.25M
|
$6,900,000$6.90M
|
$4,950,000$4.95M
|
$4,950,000$4.95M
|
$4,950,000$4.95M
|
|
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
M-NTC
|
NMC
M-NTC
|
|
| Year Type | UFA | UFA | UFA | UFA | UFA | |
| UFA Year | ||||||
| Buy Out | Buy Out | Buy Out |
Notes
No Move Clause; Modified No Trade -- commencing July 1, 2025 -- 10 team trade list
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