Minnesota Wild Sign Jared Spurgeon

Background on Spurgeon

Jared Spurgeon was drafted in the sixth round of the 2008 NHL draft by the New York Islanders, 156th overall. He never played a game in the NHL for the Islanders. They had failed to sign him. Now entering his 10th NHL season, Spurgeon has a fresh, seven-year, $53 million deal.

Breaking Down Spurgeon’s Contract

To start off, in the first four years of his contract, he has a no-movement clause (NMC). In the following three years, he has a modified no-trade clause (M-NTC) which he has a 10-team no-trade list. In his first two years, $8 million of his combined $18 million will be bonuses. Every other year is just base salary. According to @RussoHockey via twitter, here is how his full contract will go:

  • 2020-21: $9M, inc. $4M signing bonus
  • 2021-22: $9M, inc. $4M SB
  • 2022-23: $6
  • 2023-24: $8M
  • 2024-25: $8M
  • 2025-26: $7M
  • 2026-27: $6.025M

The contract will go into effect after the 2019-20 NHL season.

Numbers

The full contract is $53 million divided amongst seven years. Spurgeon’s average annual value (AAV) is $7,575,000. This past season, in all 82 games, he put up 14 goals and 29 assists, for 43 points, as a right-handed defenseman. Was this a good deal?


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