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Minnesota Wild, Mikko Koivu Working Towards Contract Extension

September 18, 2017 at 2:52 pm CDT | by Gavin Lee Leave a Comment

Michael Russo of The Athletic reports that the Minnesota Wild and captain Mikko Koivu are working towards a contract extension. The team’s captain is clear that he wants to play his entire career in Minnesota, and Russo tweets that they’re “trying to carve out a two-year extension” that would take Koivu through his 37th birthday.

Koivu has suited up for 843 regular season games with the Wild during his long career, and has been one of the most reliable two-way centers in the game for the majority of that time. Despite only cracking the 70-point plateau once, his incredible defensive impact makes him a legitimate first-line option in the NHL. Though he’s never won a Selke trophy as the league’s best defensive forward, he’s received votes in nine different seasons and likely should have in every year he’s been in the league. His dominance in the faceoff dot is just another way he contributes in ways other than scoring goals, and he still is one of the most dangerous penalty killers in the league.

The Wild will pay Koivu a whopping $9.18MM this season between his salary and signing bonus, but will only induce a $6.75MM cap hit due to the up and down nature of his contract (he receives signing bonuses only every second year). That number still falls above the new contracts for Nino Niederreiter and Mikael Granlund, but could have to take a slight cut depending on how the Wild see him aging over the next few years. Though his play certainly didn’t deteriorate last year—he recorded 58 points, his highest total since 2010-11—he will turn 35 in March and will eventually start to slow down. The Wild have room to fit him in next year, but do have more restricted free agents (Matt Dumba and Jason Zucker in particular) to re-sign.

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