Seth Jarvis's contract signature could set the tone for the RFA's like Lucas Raymond and Moritz Seider
The Carolina Hurricanes have secured a key piece of their future by signing 22-year-old forward Seth Jarvis to an eight-year contract extension worth $63.2 million.
Chris Johnston reported the deal, which includes $30 million in signing bonuses, with one portion deferred to a ninth year-an unusual structure that affects the contract's average annual value (AAV). This innovative approach allows the Carolina Hurricanes to reduce Jarvis's cap hit by approximately $400,000 per season.
Seth Jarvis, who was selected 13th overall in the 2020 NHL Entry Draft, has quickly established himself as a vital player for the Carolina Hurricanes. Over his 231 regular-season games, he has tallied 64 goals and 82 assists for 146 points, along with 44 penalty minutes. In the postseason, Jarvis has continued to contribute, scoring 13 goals and adding 13 assists in 40 games.
Choosing to lock up Seth Jarvis for the long term was a top priority for Carolina Hurricanes GM Eric Tulsky. The structure of the deal is particularly noteworthy, as it marks one of the first times an NHL team has used deferred payments to lower a player's cap hit significantly. This could set a precedent for future contracts under the current Collective Bargaining Agreement (CBA).
With this extension, the Carolina Hurricanes ensure that Seth Jarvis will remain a key part of their roster as they continue to build toward Stanley Cup contention.
Source: NHL
Canes Sign Seth Jarvis To Eight-Year Contract
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AOUT 31 | 56 ANSWERS Seth Jarvis's contract signature could set the tone for the RFA's like Lucas Raymond and Moritz Seider Do you think it's a good contract for Seth Jarvis? | ||
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