Despite relatively low fanfare, one of hockey’s biggest names is set to be become an unrestricted free agent this summer. New Jersey Devils defenseman P.K. Subban will become a UFA for the first time in his career, having just finished the final year of an eight-year, $72MM contract that carried a $9MM AAV. Subban signed that contract with the Montreal Canadiens prior to the start of the 2014-15 season, but would only play two of the eight years with Montreal before being dealt to the Nashville Predators. The star defenseman would spend three seasons in Nashville, making a trip to the Stanley Cup Finals in 2017, but was again traded to New Jersey in 2019.
A former Norris Trophy winner, Subban is no longer the player he was in Montreal and Nashville, trailing off in production the past few seasons. From 2012-13 (his Norris season) through 2017-18, Subban averaged 58 points per 82 games played, including a career-high of 60 in 2014-15. However, since the start of the 2018-19 season, Subban’s production has been cut, quite literally, in half, averaging just 29 points per 82 games played. Though Subban was never regarded as elite defensively, he’s also seen his struggles in his own end too in recent years. Most notably, during the same 2012-13 through 2017-18 stretch, the defenseman compiled a plus-43 rating in 422 games, which dropped to a near-opposite minus-40 in a far fewer 252 games.
Having just turned 33-years-old, and with the previous four years of regression, Subban is very unlikely to come anywhere close to his previous contract, but it’s not to say he won’t have interest this offseason or a shortage of places to play next season. The veteran has appeared to establish himself as a well-liked leader in an incredibly young Devils locker room and still possesses the big shot and physical ability that made him one of the elite defenders of the 2010’s. Subban could find himself as an important piece on a competitive team which can limit his exposure and utilize him in favorable matchups; perhaps a team that already has solid defensive depth, but is missing the offensive upside from the blueline that Subban does provide. One comparison to this end could be how the Edmonton Oilers have used Tyson Barrie, who posted two strong seasons after a rough 2019-20 with the Toronto Maple Leafs.
As mentioned, Subban is surely not going to find himself with a $9MM AAV this offseason, but he will have opportunities. What his next contract looks like is very much a mystery, however. One possibility could be to follow in the footsteps of defenseman Kevin Shattenkirk. Though Shattenkirk doesn’t have as impressive of a track record as Subban, he did find himself as a UFA after two down seasons with the New York Rangers, having been bought out after two years of a four-year, $26.6MM contract. The path Shattenkirk chose was to sign a one-year, $1.75MM contract with the Tampa Bay Lightning for the 2019-20 season, where he would rebound, admittedly not to his past standard, but enough to earn a three-year, $11.7MM contract with the Anaheim Ducks the very next offseason.
Returning to Barrie, he utilized a very similar strategy, signing a one-year, $3.75MM deal for the 2020-21 season with Edmonton, rebounding and earning a three-year, $13.5MM extension with the Oilers. Perhaps Subban could sign a low-value deal in a well-suited role to rebuild his value in hopes of finding a favorable multi-year deal next offseason.
A multi-year deal this offseason at a (reasonably) higher salary isn’t necessarily off the table for Subban, however his options to combine this offer with an ability to compete for a Stanley Cup could be more limited. Considering the current flat-cap and Subban’s age and recent regression, competitive teams will have to budget carefully and taking on a player like Subban who could be considered a bit of a “project,” may not necessarily be a move a team like that would be keen on making.
If Subban does sign a multi-year contract this offseason, ones like Shattenkirk’s with Anaheim, Barrie’s extension with Edmonton, or even Jack Johnson’s five-year, $16.25MM contract that he signed with the Pittsburgh Penguins prior to the 2018-19 season, could be strong comparisons. It is worth noting though, that both Shattenkirk and Barrie played their one-year “rebuilding seasons” at age 29, and Johnson was 31 when he signed his long-term contract in Pittsburgh. Meanwhile, Subban turned 33 this week.
Regardless of how Subban pursues his first trip to unrestricted free agency, he should still have a market that offers him several options considering the skills and value he brings on and off the ice. With his previous status as an elite defenseman, his recent regression, and still being regarded as one of the game’s most marketable stars no matter his on-ice performance, his free agency is sure to be intriguing.
66TheNumberOfTheBest
ESPN.
Hannibal8us
I wouldn’t give him anything more than a 1 year deal, he’s really fallen off offensively and that’s pretty much all he brought. Someone will give him a stupid deal, and every fanbase is saying please don’t let it be our team that does it.
Johnny Z
Toronto will give him the 1 yr deal they gave to Spezza.
Nha Trang
I’d say that Jack Johnson’s comp is all too apt: big bucks with term to an aging defenseman already several years past his prime, and to call him a bottom-pairing defenseman from the moment the ink was dry would be generous.
Subban’s in the same boat. His prime’s long past, his production (and minutes) in every aspect of the game is in steep decline. So he’s a “good locker room presence?” So freaking what? There are maybe ten million people out there capable of being “good locker room presences.” There are fewer than seven hundred who can play NHL hockey.
As far as what the Leafs gave to Spezza? Spezza can still play NHL hockey, and has the skill and desire to do so; frankly, given his 2021 season, I thought they were low-balling him a bit. There’s no reason (yet) to think that he’s an asset on a fourth-line, and can manage quite well when asked to play third-line hockey.
Nha Trang
Grr: that he’s NOT an asset on a fourth-line.
DarkSide830
Reason says no one gives him money anywhere near the comps given here, but knowing NHL GMs…
dave frost nhlpa
Home to Tronna.
padam
1/1 is what my prediction is. His defense has also been nonexistent and his offense is no longer of any value. He’s a third pairing defenseman at best.
riverrat55
Ole’ slew foot looking for a job, agreed past his prime dynamic when young now not so good , defensive inadaquetsies at best in his last few years, don’t see him getting more of a hometown discount anywhere , maybe he will sign with the Yotes’don’t they sign everyone?
30 Parks
Subban is insufferable.
Gbear
And now that his talent is diminished, that’s why he won’t have many teams interested in him.
slimmycito
Y’all want him to get 1 lol but I bet he gets 3, 6mil aav
riverrat55
Alright Yotes can give him 3.6 Million AAV even will throw in performance bonus. Might be useful to help the young defenseman in system
padam
Not want, predict. He’s nothing more than a one year 3rd pairing. A 3/18 like you’re suggesting is extreme for what he has been producing. No GM is signing up for that.
slimmycito
No gm *should* do it but someone traded for OEL’s contract last year so never say never lol
Nha Trang
The host of obviously bad contracts handed out by wishful-thinking GMs to “OMG, he was good once!” players is pure evidence.
brucenewton
1 yr 750K
Karlander
He wasn’t even 30 when his game started regressing . Was it injuries?, complacency? Who knows, but he is a shadow of the former great player he was.
JoeyG 5
PK created offense by way over handling the puck and skating in the offensive zone. He used to be a really fast and tireless skater. Then he got older, got bigger, hurt his back.. and he never learned how to pace himself to conserve his energy or play positionally smart hockey and pick his moments. He was always too gassed or too out of position to defend and the offense dried up as he matured but his game didn’t.