One major domino has fallen for the Detroit Red Wings as the team announced an eight-year, $64.6MM extension for forward Lucas Raymond. The deal will pay Raymond an AAV of $8.075MM over the life of the contract and he will don the winged wheel until the 2031-32 NHL season. TSN’s Pierre LeBrun later reported that there are no signing bonuses within the contract and Raymond will be granted a no-trade clause for the last four years.
It ends a summer of uncertainty for Raymond as the Red Wings waited until just three days before training camp to lock up one of their most promising forwards. Detroit still needs to sign restricted free agent defenseman Moritz Seider to a deal before the start of the year and will now have just under $8.75MM available in cap space to do so.
The Red Wings selected Raymond with the fourth overall pick of the 2020 NHL Draft in the second year of general manager Steve Yzerman’s tenure. He spent that year and the next with the SHL’s Frolunda HC scoring 10 goals and 28 points in 67 games from 2019-2021.
Raymond joined the Red Wings without ever having played a game for their AHL affiliate in Grand Rapids making his NHL in the 2021-22 season. Raymond skated in all 82 games for Detroit scoring 23 goals and 57 points finishing fourth in Calder Trophy voting behind Michael Bunting, Trevor Zegras, and Seider. He quickly became the most effective forward on the team behind Tyler Bertuzzi and Dylan Larkin after finishing third in scoring, third in shot attempts, and third in CorsiFor%. 
He took a small step backward in his sophomore campaign as he only put up 17 goals and 45 points in 74 contests. Nearly every aspect of Raymond’s game depressed after his rookie season from the eye test to more advanced statistics. Most of the blame could be that Raymond totaled 96 games from 2019-2021 and was now called upon to play 164 against the world’s best hockey talent.
Raymond showed off his full potential in the 2023-24 season by scoring 31 goals and 72 points in 82 games leading the team in the latter category. He finished 21st in goal-scoring in the Eastern Conference and 24th in points. His 19.0% shooting percentage dramatically eclipsed his career average of 12.6% and his takeaways almost doubled his giveaways.
He has not shown much defensive prowess up to this point but the Red Wings should receive good value on this deal if he can reach a point-per-game level. He is second in scoring amongst all players selected in the 2020 NHL Draft behind Tim Stutzle of the Ottawa Senators and he does not appear close to losing that position.
Raymond will be entering his age 30 season at the end of this contract which positions him well to land another pay day in the future. The Red Wings are looking to return to the Stanley Cup playoffs for the first time since the 2015-16 season and the team hopes that Raymond will be a major piece in their renaissance.
Photo courtesy of USA Today Sports Images.
Yay!
Bout time!
Why did that take so long?
On what date should this have taken place?
I would think signing bonuses and especially with a new CBA in the not to distant future players want a bonus that year a d as big as possible as they get paid that regardless. You will notice most of the extensions have bigger bonuses that year. Seems like Raymond gets no signing bonuses period, so maybe Raymond took extra money per year instead as smart owners will avoid a bonus that year. I truly don’t know what else it would be