2:17 p.m.: Faber’s contract structure is as follows, per PuckPedia. It’s paid out entirely in base salary with no signing bonuses.
2025-26: $10MM
2026-27: $9.5MM
2027-28: $8.5MM
2028-29: $8.5MM
2029-30: $8.5MM
2030-31: $8.5MM
2031-32: $7.5MM
2032-33: $7MM
12:35 p.m.: Wild defenseman Brock Faber is getting paid after a strong rookie season. The blue liner has inked an eight-year, $68MM extension with an $8.5MM cap hit that will keep him in Minnesota through 2032-33, the team announced Monday.
The deal carries trade protection beginning in 2030-31, featuring a no-movement clause and a modified no-trade clause (15-team no-trade list), reports Michael Russo of The Athletic. That’s the soonest Faber is eligible to receive NMCs or NTCs thanks to his August birthday.
Faber, 22 in August, became eligible to sign an extension on July 1. He’s entering the third and final season of his entry-level contract and would have become an RFA next summer.
Barring any unforeseen additions, the deal will make Faber Minnesota’s highest-paid defenseman beginning in 2025-26. The stout defender, who finished second in Calder Trophy voting last season only to star Blackhawks center Connor Bedard, will surpass franchise pillars Jared Spurgeon ($7.5MM cap hit through 2027) and Jonas Brodin ($6MM cap hit through 2028) for the title. He’ll be the second-highest-paid player on the team behind former Calder winner Kirill Kaprizov, who has two seasons left at a $9MM cap hit. It’s the largest extension and the highest cap hit for a defenseman in franchise history, Russo adds.
The hometown kid entered last season with just two NHL games under his belt, both coming at the tail end of 2022-23 after losing in the NCAA national tournament with Minnesota and subsequently signing his ELC. He was forced into number-one duties for the Wild much of last season with injuries to Brodin and Spurgeon, averaging 24:58 a night while playing in all 82 games. It was the highest ATOI by a rookie since the league began tracking the stat in 1997-98 (min. 25 GP).
That meant Faber was tasked with being a first-unit option at even strength and on both special teams. Offensively, he fit the bill, leading Wild defenders and finishing fifth on the team in scoring with 47 points (8 G, 39 A). His 150 blocks also finished second on the club behind Jacob Middleton. While he fell just short of the Calder, he earned First All-Rookie Team honors for his contributions as the Wild fell short of the playoffs.
The deal buys out all five of Faber’s remaining RFA years and three UFA years. It takes him through his age-30 season, meaning he could still be in line to land a decently rich mid-term deal on the open market in 2033.
The deal took about a month to negotiate. Russo reported back on June 28 that negotiations between Faber and the Wild had begun. It comes in a good bit higher than the seven-year, $7MM AAV deal that Evolving-Hockey projected Faber to sign if he extended this month. It’s quite comparable to the extension that Sabres defender Owen Power signed last summer, which came in at seven years and $58.45MM ($8.35MM AAV). That deal was worth 9.5% of the salary cap at its start, while Faber’s is worth 9.6%.
Faber is the second player entering the final season of his entry-level contract to sign a max-term extension this summer, joining Canadiens 2022 first-overall pick Juraj Slafkovsky. There are plenty of notables who could still sign, including the Stars’ Wyatt Johnston, the Habs’ Kaiden Guhle, and the Devils’ Luke Hughes, whose negotiations will be impacted directly by Faber’s terms. Hughes posted identical point totals to Faber last season and finished one spot behind him in Calder Trophy voting, although he averaged more than three fewer minutes per game.
Even with Spurgeon expected to return to full health in 2024-25, Faber is still likely to begin the season in first-pairing, first power play and first penalty kill minutes, Daily Faceoff projects.
Image courtesy of USA Today Sports.