Chris Johnston writes that the Florida Panthers and Jason Demers have agreed to a five-year, $22.5MM deal. CapFriendly also posted the deal, indicating that the deal would be a cap hit of $4.5MM.
Johnston writes that the contract, “includes a $1-million signing bonus payable right away and a limited eight-team no-trade clause over the first four seasons.” Additionally, Johnson adds that Demers took a little less to sign with Florida.
Demers was considered one of the best free agent targets remaining on the market, and the value of his deal reveals as such. Last season with Dallas, Demers had 23 points (7-16) during the regular season. In the playoffs, Demers had three assists in 13 playoff games.