Update: Nick Kypreos reports that Setoguchi’s deal is worth $1.8M. That means the Sharks will pay him $400K less than Boston will give Blake Wheeler. Very, very nice signing by GM Doug WIlson ...
As was discussed yesterday, the San Jose Sharks signed forward Devin Setoguchi to a one-year contract. The team did not share financial details on the deal.
Here’s a little more from the Sharks’ press release.
The 23-year-old Setoguchi finished the 2009-10 campaign tied for fourth on the team in goals (20). He set a career-high with four game-winning goals and recorded 36 points in 70 games.
During the postseason, he finished third on the team in goals (5), including the overtime game-winner in Game 2 of the Western Conference Quarter Finals vs. Colorado. He also chipped in with four assists and was a +3 in 15 games.
“We’re happy to have Devin under contract for next season,” said [GM Doug] Wilson. “He is an important part of our team and we are looking forward to his on-going growth as a player. We have very high expectations for him.”
That covers the teams’ major free agents for this summer. Without knowing Setoguchi’s salary cap hit, the team has a little more than $5.5 million in cap space accounting for 19 players. Depending on his salary, they’ll either have enough room to add another small piece or will only be able to add minimum wage players.