March 5: It took slightly more than 24 hours, but Olivier’s extension in Columbus is done. It’s a six-year, $18MM deal with a $3MM cap hit, Pierre LeBrun of TSN and The Athletic reports. It’s a slightly front-loaded contract with a base salary of $4MM in 2025-26 that drops to $2.4MM by the end of the deal in 2030-31, per Renaud Lavoie of TVA. The contract does not include any signing bonuses but has a 10-team no-trade clause, Lavoie adds.
March 3: The Blue Jackets are hoping to have an extension finalized with pending UFA winger Mathieu Olivier “in the next 24 hours or so,” general manager Don Waddell told Aaron Portzline of The Athletic. A team source tells Portzline that Olivier’s deal will be for at least four seasons.
Olivier isn’t the most notable of Columbus’ pending free agents, but he has been the topic of the most discussion in the last few weeks. Darren Dreger of TSN reported back in December that the two sides had opened negotiations, adding last week that talks were heating up.
Now in his third season with the Blue Jackets, the 28-year-old is flourishing. The first player in NHL history from Mississippi has set career-highs with 12 goals, 21 points, 99 PIMs, 76 shots, and 228 hits, all while seeing legitimate top-nine usage for the first time in his career.
Olivier’s professional career began with the Predators’ AHL affiliate in Milwaukee. They signed him to a minor-league deal after he went undrafted over five Quebec Maritimes Junior Hockey League seasons with the Moncton Wildcats, Shawinigan Cataractes, and Sherbrooke Phoenix. He posted a 4-8–12 stat line with 91 PIMs in 54 games in his rookie year, enough to earn him an entry-level deal with Nashville the following offseason.
The 6’1″, 226-lb righty bounced between Tennessee and Wisconsin over his two-year rookie deal, but he did see a more regular NHL role in 2020-21. He spent a tad bit of time on the taxi squad but made 30 appearances in an enforcer role for the Preds after spending most of 2019-20 back in the minors, entering the 2021 offseason with six points and 74 PIMs in 38 career NHL games.
That was enough to earn him a two-year, one-way deal for the league-minimum $750K annually. Unfortunately, it didn’t signal a full-time job on the NHL roster like a one-way contract would typically yield. He suited up just 10 times for Nashville in 2021-22, instead relegated to Milwaukee for most of the year. Columbus still liked what they saw in his previous NHL minutes, paying a fourth-round pick to Nashville to acquire him before the 2022 draft.
Olivier hasn’t seen the minors since. He was only a healthy scratch twice in his first season with the Jackets, although an illness and a lower-body injury still limited him to 66 contests. He posted 5-10–15 that year – more offense than he provided in the minors the year prior – and finished third on the team with 178 hits. That earned him a two-year, $2.2MM extension, which is now in its final season.
Now on pace for 16 goals and 29 points this year, he’s bound to more than double his previous $1.1MM AAV. One limiting factor will be a recent three-year, $7.5MM extension for Keegan Kolesar in Vegas – a player historically cast in a similar role with a longer track record of offensive success. Seeing his AAV climb much higher than Kolesar’s $2.5MM would be a surprise.
Once Olivier’s extension is finalized, 15 of the Blue Jackets’ 23 players on the active roster will be under contract through next season.
Image courtesy of USA Today Sports.