Colton Parayko Signs Five-Year Deal With St. Louis

With the arbitration hearing for Colton Parayko about to start, the two sides have agreed upon a five-year, $27.5MM contract. The deal will keep Parayko in St. Louis until he is 29, at which point he will be an unrestricted free agent. While the average annual value will be $5.5MM, the contract breaks down as follows:

• 2017-18: $6.5MM
• 2018-19: $6.5MM
• 2019-20: $5.525MM
• 2020-21: $3.35MM
• 2021-22: $5.625MM

This is quite the contract for both sides, as the Blues will buy out two UFA years from Parayko in exchange for a strong cap number next season. There are 32 other defensemen who will be paid at least $5.5MM next season, meaning Parayko will need to continue to perform at quite a high level in order to justify the contract. That doesn’t seem to be a problem for the young defenseman, as his first two years have been excellent and he looks ready to take another step forward.

If you were to look at Parayko without knowing anything about him, he might seem to you to be a hulking defender that could be useful on the penalty kill but probably lacks skating ability or offensive upside. His 6’5″ frame and incredibly long reach brings more visions of Hal Gill than Paul Coffey. Nothing could be further from the truth though, as Parayko combines incredible stick handling with a sharp first pass and above average elusiveness to create offensive chances on the regular.

Blues fans will be incredibly pleased with the deal, as it brings in a budding superstar behind captain Alex Pietrangelo in terms of salary, and allows them the flexibility next season to worry about Robby Fabbri’s next deal and finding a replacement for Paul Stastny (unless Brayden Schenn is that already). The team now has six defensemen under contract for next season, a group that would rank among the best in the league in many categories. Parayko came in third among defensemen in ice time last year behind Pietrangelo and veteran Jay Bouwmeester, but without Kevin Shattenkirk in town for the whole year will likely be asked to do even more this season.

Elliotte Friedman of Sportsnet was first to break the deal, giving us the length and total. Craig Morgan of AZ Sports gave us the year-by-year breakdown.

Photo courtesy of USA Today Sports Images