Devils sign Meier to 8-year deal with $8.8M AAV
The New Jersey Devils and forward Timo Meier agreed to an eight-year contract carrying an annual cap charge of $8.8 million, the club announced Wednesday.
Meier was due to hit restricted free agency on Saturday.
The contract is front-loaded, and he'll earn the same amount for each of the final four years. Here's how it breaks down:
| Season | Salary |
|---|---|
| 2023-24 | $12M |
| 2024-25 | $11.1M |
| 2025-26 | $10.75M |
| 2026-27 | $7.75M |
| 2027-28 | $7.2M |
| 2028-29 | $7.2M |
| 2029-30 | $7.2M |
| 2030-31 | $7.2M |
A deadline acquisition from the San Jose Sharks, the 26-year-old Meier amassed 14 points in 21 regular-season games with the Devils before adding four points in 11 playoff appearances.
He notched a career-high 40 goals while adding 26 assists in 78 contests with his two clubs during the 2022-23 regular season. Meier followed up a strong previous campaign in which he racked up 35 tallies and a personal-best 41 helpers in 77 contests.
The Swiss winger played his first six full campaigns with the Sharks, and he's buried at least 30 goals three times in his seven-year career.
With Jack Hughes signed to an $8-million contract through 2029-30, captain Nico Hischier signed through 2026-27 at $7.25 million annually, and Jesper Bratt inking an extension earlier this month worth $7.875 million annually through 2030-31, the Devils have taken steps to solidify a young core that could be on the verge of annual Stanley Cup contention.
Meier is now the second-highest-paid active New Jersey player on an annual basis behind defenseman Dougie Hamilton and his $9-million cap hit through 2027-28. Meier is currently the Devils' highest-paid forward.