Puck Pedia: The New Jersey Devils have signed forward Timo Meier to an eight-year contract extension with a salary cap hit of $8.8 million. He would have been eligible for unrestricted free agency after next season.
Puck Pedia: Salary breakdown on Meier’s eight-year, $70.4 million extension. He has a no-movement clause for years two to eight, and a 15-team no-trade for years six to eight.
2023-24: $6 million salary and a $6 million signing bonus
2024-25: $5.35 million salary and a $5.75 million signing bonus
2025-26: $5 million salary and a $5.75 million signing bonus
2026-27: $3.35 million salary and a $4.4 million signing bonus
2027-28: $2.2 million salary and a $5 million signing bonus
2028-29: $2.2 million salary and a $5 million signing bonus
2029-30: $3.9 million salary and a $3.3 million signing bonus
2030-31: $7.2 million salary
Mike Morreale: Devils GM Tom Fitzgerald after the signing: “Timo’s unique blend of style of play, goal-scoring ability, and physical presence will prove valuable for us. We’ve locked up another piece of our young core that is looking to take that next step together for greater success.”
??Night Cap Recap: Devils Sign Meier ??#njdevils @FullPressNHL @FP_Coverage @myNHLTradeRumor pic.twitter.com/80Fd85TvEh
— Jim Biringer (@JimBiringer) June 28, 2023
Timo Meier, signed 8x$8.8M by NJ, is a high end top line offensive winger who creates chances and goals while driving play at an elite rate. #NJDevils pic.twitter.com/in7Ax3KX1i
— JFresh (@JFreshHockey) June 28, 2023
excellent deal for the Devils to get another eight years of Timo Meier at $8.8M on average – the winger is absolutely worth more than that. pic.twitter.com/l9eDObNHif
— Shayna (@hayyyshayyy) June 28, 2023
The New Jersey Devils have re-signed Timo Meier to an eight-year extension with an AAV of $8.8M. Meier is a legit 1st line winger. This is a fair cap hit for player like him in our eyes. The Devils are going to be so good for many years! pic.twitter.com/P2BGZjEIIZ
— Andy & Rono (@ARHockeyStats) June 28, 2023