Jun 28, 2023
Meier Signs an 8-Year, $70.40M Deal with the Devils
Cap Hit
$8,800,000$8.80M
Term
8 years
Total Value
$70,400,000$70.40M
% of Cap
10.5%
Signing Status
RFA
2024 age 26
Expiry Status
UFA
2031 age 34
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Contract Breakdown
Timo Meier signed a 8 year, $70,400,000 contract with the New Jersey Devils on Jun 28, 2023. The contract has a cap hit of $8,800,000 and expires at the end of the 2030-31 season.
Abbreviated $Amounts
|
2023-24
|
2024-25
|
2025-26
|
2026-27
|
2027-28
|
2028-29
|
2029-30
|
2030-31
|
2031 |
|
|---|---|---|---|---|---|---|---|---|---|
| Cap Hit | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | UFAage 34 |
| AAV | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | $8,800,000$8.80M | |
| Base | $6,000,000$6.00M | $5,350,000$5.35M | $5,000,000$5.00M | $3,350,000$3.35M | $2,200,000$2.20M | $2,200,000$2.20M | $3,900,000$3.90M | $7,200,000$7.20M | |
| Performance Bonuses | - | - | - | - | - | - | - | - | |
| Signing Bonuses | $6,000,000$6.00M | $5,750,000$5.75M | $5,750,000$5.75M | $4,400,000$4.40M | $5,000,000$5.00M | $5,000,000$5.00M | $3,300,000$3.30M | - | |
| Total Salary | $12,000,000$12.00M | $11,100,000$11.10M | $10,750,000$10.75M | $7,750,000$7.75M | $7,200,000$7.20M | $7,200,000$7.20M | $7,200,000$7.20M | $7,200,000$7.20M | |
| Minors Salary |
$12,000,000$12.00M
|
$11,100,000$11.10M
|
$10,750,000$10.75M
|
$7,750,000$7.75M
|
$7,200,000$7.20M
|
$7,200,000$7.20M
|
$7,200,000$7.20M
|
$7,200,000$7.20M
|
|
| Clauses |
NMC
|
NMC
|
NMC
|
NMC
|
NMC
M-NTC
|
NMC
M-NTC
|
NMC
M-NTC
|
||
| Year Type | RFA | UFA | UFA | UFA | UFA | UFA | UFA | UFA | |
| UFA Year | |||||||||
| Buy Out | Buy Out | Buy Out | Buy Out | Buy Out | Buy Out | Buy Out |
Notes
Yrs 2-8: NMC; Yrs 6-8: 15 team No Trade List
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