Devils, Hischier agree to seven-year, $50.75 million extension

Getty Images
6 Comments

While the Devils don’t know yet if Taylor Hall will sign an extension to remain in New Jersey or find a new home next summer in free agency, GM Ray Shero has young locked down one of the team’s core pieces.

On Friday, Nico Hischier agreed to a seven-year, $50.75 million extension that carries a $7.25 million cap hit through the 2026-27 NHL season. The deal buys three unrestricted free agent years since the Devils forward has been playing since he was 18, per Cap Friendly.

“Nico is a special person who possess a team-first mentality combined with an inner drive to succeed,” said Shero in a statement. The entire organization is thankful to him and his family for believing in our future. We are excited that he will continue to play a prominent role with us for many years to come.”

According to the Devils, here’s the year-by-year breakdown:

2020-21: $7,000,000 (includes $3 million signing bonus)
2021-22: $7,250,000
2022-23:  $4,500,000
2023-24:  $7,750,000
2024-25:  $7,750,000
2025-26:  $8,000,000
2026-27:  $8,500,000

The extension also features a modified no-trade clause in the final three years.

In 157 NHL games, Hischier, the No. 1 overall pick in the 2017 draft, has 37 goals and 101 points while averaging over 17 minutes a night. His offense has been just fine with a 20 and 17 goals in his first two seasons, but his two-way game is what’s really boosted his talent.

The 20-year-old center joins the list of NHLers who passed on restricted free agency in 2020 to put pen to paper on a new deal, joining the likes of Alex DeBrincat, Clayton Keller, Thomas Chabot, and Sam Girard.

Mathew Barzal, Pierre-Luc Dubois, Dylan Strome, and Mikhail Sergachev are some of the other potential 2020 RFAs who will be looking for extensions before next season.

————

Sean Leahy is a writer for Pro Hockey Talk on NBC Sports. Drop him a line at phtblog@nbcsports.com or follow him on Twitter @Sean_Leahy.