Current:Home > MyDetroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season -Insightful Finance Hub
Detroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season
View
Date:2025-04-11 20:36:02
The big questions headed into the offseason regarding Moritz Seider were how much and how long.
The Detroit Red Wings finally answered those questions Thursday, with a seven-year deal worth $8.55 million per year. Seider's three-year entry-level contract had an annual salary cap hit of $863,334.
While it took longer than anyone would have liked – training camp began Wednesday – to come to an agreement, the bottom line is general manager Steve Yzerman has locked up the services of a 23-year-old Calder Trophy winner who in three years has cemented himself as a pillar of the rebuild.
Seider is the team's workhorse, playing on the top defense pairing where he is tasked with containing opposing superstars, as well as seeing time both running a power play and manning a penalty kill.
KYLE OKPOSO RETIRES: Stanley Cup winner leaves NHL after 17 seasons
FIRST DAY OF CAMP: Bruins' Jeremy Swayman among unsigned players
Seider was the first player drafted by Yzerman since returning to Detroit in April 2019, selected at sixth overall in 2019 on the strength of his standout performances for Adler Mannheim in his native Germany's top hockey league.
Seider made an immediate impact on the Red Wings when he arrived in Detroit for the 2021-22 season, posting 50 points in 82 games and finishing by taking home top honors as the NHL's rookie of the year. By then he already had played a season in the American Hockey League with the Grand Rapids Griffins (2019-20). Because of the pandemic, he spent 2020-21 in the Swedish Hockey League, where he was a league and team standout with Rögle BK.
Seider posted a 42-point season in 2022-23 and also had 42 points this past season. In each of his three seasons, he has averaged 22 to 23 minutes per game.
Seider was a restricted free agent without arbitration rights. That the deal took this long to close reflects Yzerman juggling the budget as he continues to try to reshape the Wings into a team capable of reaching the playoffs on a regular basis again. The less money Yzerman could persuade Seider's camp to take, the more there is to spend on upgrades elsewhere.
The first maximum deal inked by Yzerman during his tenure in charge of the Red Wings was Dylan Larkin's $69.6 million extension on March 1, 2023.
Contact Helene St. James at[email protected]. Follow her on Twitter@helenestjames.
The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (3)
Related
- Which apps offer encrypted messaging? How to switch and what to know after feds’ warning
- The Best White Dresses For Every Occasion
- Alicia Keys, Brian d’Arcy James, Daniel Radcliffe and more react to earning Tony Award nominations
- Why Kourtney Kardashian Wants to Change Initials of Her Name
- EU countries double down on a halt to Syrian asylum claims but will not yet send people back
- Why Brian Kelly's feels LSU is positioned to win national title without Jayden Daniels
- Eight US newspapers sue ChatGPT-maker OpenAI and Microsoft for copyright infringement
- 'American Idol': Watch Emmy Russell bring Katy Perry to tears with touching Loretta Lynn cover
- Paige Bueckers vs. Hannah Hidalgo highlights women's basketball games to watch
- Fired Google workers ousted over Israeli contract protests file complaint with labor regulators
Ranking
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- The Best White Dresses For Every Occasion
- ABC News Meteorologist Rob Marciano Exits Network After 10 Years
- Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media
- See you latte: Starbucks plans to cut 30% of its menu
- Some North Carolina abortion pill restrictions are unlawful, federal judge says
- Hawaii's 2021 Red Hill jet fuel leak sickened thousands — but it wasn't the first: The system has failed us
- Mark Consuelos Confesses to Kelly Ripa That He Recently Kissed Another Woman
Recommendation
Global Warming Set the Stage for Los Angeles Fires
Lottery bids for skilled-worker visas plunge in the US after changes aimed at fraud and abuse
Marvin Harrison Sr. is son's toughest coach, but Junior gets it: HOF dad knows best
The Government Is Officially Reintroducing Grizzly Bears in the North Cascades. What Happens Now?
In ‘Nickel Boys,’ striving for a new way to see
Biden administration details how producers of sustainable aviation fuel will get tax credits
The Georgia Supreme Court has thrown out an indictment charging an ex-police chief with misconduct
Kim Kardashian's New Chin-Grazing Bob Is Her Shortest Haircut to Date