July 28: Per PuckPedia, the breakdown of the deal is as follows:
2021-22: $1.55MM salary, $1MM signing bonus
2022-23: $5.1MM salary
2023-24: $7.65MM salary
2024-25: $7.7MM salary
2025-26: $5.425MM salary, $1MM signing bonus
2026-27: $2.175MM salary, $3MM signing bonus
2027-28: $2.65MM salary, $1.25MM signing bonus
The deal contains a full no-move clause in the first five seasons and a 21-team no-trade clause in the final two years.
July 24: The Oilers and Maple Leafs could not reach an agreement, according to Darren Dreger of TSN, so Hyman will wait to sign his contract when free agency opens on Wednesday. That limits the deal to seven years in length. Dreger also reports that the cap hit on a seven-year deal is $5.5MM.
July 23: After weeks of speculation, The Toronto Sun’s Terry Koshan reports that the Edmonton Oilers have a contract agreement in place with Toronto Maple Leafs forward Zach Hyman. Whether or not the deal is a sign-and-trade or just an acquisition of rights remains to be seen, but it’s extremely likely at this point that the Oilers will be acquiring Hyman via trade prior to free agency opening July 28th.
Recent rumors would suggest that when all is said and done, Hyman will be signing a seven- or eight-year deal in Edmonton. Bally Sports Midwest’s Andy Strickland reported yesterday that the cap hits on both deals would come in at around $5MM. Hyman has displayed the ability over the past few seasons to be one of the best complementary players in the NHL, something that could work wonders for their secondary scoring. Potentially playing on Edmonton’s top line with Connor McDavid and Jesse Puljujarvi has to be an extremely exciting prospect for Hyman, who’s likely getting more term and money in Edmonton than Toronto was ever prepared to offer him.
Toronto’s search to find a new top-six-caliber left-winger begins now if it hasn’t already. They’ve been linked in past weeks to Detroit Red Wings forward Tyler Bertuzzi, who’d come much cheaper to the team than Hyman realistically ever would have. There’s also the long-shot big name in Gabriel Landeskog, who’s becoming estranged from the Colorado Avalanche in contract talks and could be looking for a new home. Regardless, the Maple Leafs have to look forward without Hyman, who’s been a core part of this team’s rise to regular-season success over the past half-decade.
backhandinbaptist
If they have an agreement why wouldn’t they just wait until FA opens..seriously Ken if you give up assets for a guy 5 days from being a UFA….smh back to the same mismanagement that put us in the toilet for 12 years.
The Mistake of Giving Eugene Melnyk a Liver Transplant
Hey, that’s not fair, it’s a slightly different type of mismanagement!
backhandinbaptist
I think Lowe changed his name to Chiraelli and then to Holland. Can’t be sure, of course, but the proof is in said pudding!
urban schocker
Old plugs wants his pudding
bigdaddyt
Because if they give hyman the 8th year their going to save 500k a year in cap space so almost a league min guy in a stagnant cap is huge
backhandinbaptist
It really isn’t though..you can’t even sign a player for that. Sign him for 5for 6 and if he won’t find different player KEN!!even then I bet year five looks bad. Cmon KEN, DONT DO IT!!! ARE YOU TRYING TO MAKE MCDAVID LEAVE?!!!!!
stimpyi
He is trying to lower his cap. A 7 year deal would probably have an AAV of 5.5. An 8 year deal comes closer to 5. That 500k savings each year is big. That is why they are trying the sign and trade.
Joe Carters walkoff
Its a 375k (5.5 vs 5.125) savings which is nothing compared to a 2nd or 3rd Dubas is demanding. Kyle should settle for the 6th or 7th like most GMs would do, or he’s going to get absolutely nothing at all. And all the while also making some GMs potentially leery of dealing with him in the future if he’s acting like this. He’s actually saving Hollands a$$ by not having a longer buyout after year 5
fljay73
Sign & Trade gives you that 8th year
Murphy NFLD
Yea unless it’s an 8 year deal they plan on signing him to it’s a bad move, that would be 2 back to back which is really out of character for Kenny
bruin4ever
Not out of Ken’s character!
Did you see some of the contracts that Holland handcuffed Detroit with??
dawgpound95
Another massive overpay coming through!!!
Nha Trang
Not really. In today’s market, $5 million isn’t an overpay for Hyman — the guy’s not at all a flash in the pan. Now giving him $5 AND eight years would be.
dave frost nhlpa
I cannot think of one salary I would want to add to the Leafs that’s on the Edmonton roster. Maybe Nurse. But that’s it.
wreckage
Draisaitl at 8.5M would be your best player immediately and be cheaper than Marner, Tavares, and Matthews.
windmill_noise_causes_cancer
Nurse is a left handed Ristolainen.
(No, that’s not a compliment.)
wreckage
Except Nurse puts up more points and isn’t -1000 on his career.
backhandinbaptist
That’s a hyperbole by a whole decimal place!
dave frost nhlpa
I think he’s at $11.3M.
dave frost nhlpa
In any event,too rich for Leafs blood. They are screwed.
junkmale
Draisaitl wouldn’t make the Leafs any better than Matthews, Marner, and Tavares.
windmill_noise_causes_cancer
Plus/Minus? Lolz. Always been an incredibly useless stat.
mario crosby
I thought Ken Holland was supposed to be a smart guy.
windmill_noise_causes_cancer
Yeah, he was “smart” before the salary cap, with all the Little Caesars money he could freely spend.
Nha Trang
Yeah. Detroit’s trajectory is far, far, far different if the NHL had a salary cap thirty years ago.
dawgpound95
Kenny Holland is the worst GM in the history of sports
dirtbagfreitas
They’re going to need all the offense they can get with their projected blue line pairings.
crshbng
They can get shea weber cheap
The Mistake of Giving Eugene Melnyk a Liver Transplant
So does that mean his cap hit will be 500k more?
Raps902420
The Oilers have poor people syndrome. They’re not accustomed to having extra spending money, so when they do, they spend it all on the first dumb thing they see. I also suffer from this.
MacJablonski--NotVegasLegend
@Raps902420 – Yes, but look on the bright side. You typically have a 15-30 day return window; Holland does not. ;)
Josip Tomic
Hello,
Can you change the word betwen the word ‘first’ & ‘seasons’ from ‘ten’ to ‘5’? Please & thank you.
“The deal contains a full no-move clause in the first ‘ten’ seasons and a 21-team no-trade clause in the final two years”.
oilcntryrdnk
Great addition worry about the later years well…later