Jul 19, 2024
Veleno Signs a 2-Year, $4.55M Deal with the Red Wings
Cap Hit
$2,275,000$2.28M
Term
2 years
Total Value
$4,550,000$4.55M
% of Cap
2.6%
Signing Status
RFA
2025 age 24
Expiry Status
RFA
2025 age 25
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Contract Breakdown
Joseph Veleno signed a 2 year, $4,550,000 contract with the Detroit Red Wings on Jul 19, 2024. The contract has a cap hit of $2,275,000 and expires at the end of the 2024-25 season.
Abbreviated $Amounts
|
2024-25
|
2025-26
|
||
|---|---|---|---|
| Cap Hit | $2,275,000$2.28M | $2,275,000$2.28M | RFAage 25 |
| AAV | $2,275,000$2.28M | $2,275,000$2.28M | |
| Base | $2,275,000$2.28M | $1,775,000$1.78M | |
| Performance Bonuses | - | - | |
| Signing Bonuses | - | $500,000$500K | |
| Total Salary | $2,275,000$2.28M | $2,275,000$2.28M | |
| Minors Salary |
$2,275,000$2.28M
|
$2,275,000$2.28M
|
|
| Clauses | |||
| Year Type | RFA | RFA | |
| UFA Year |
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