The Dallas Stars have signed superstar center Tyler Seguin to an eight-year contract extension that will carry an average annual value of $9.85MM. Seguin was headed into his final year under contract and scheduled for unrestricted free agency next summer, but will now remain with the Stars through the 2026-27 season. The contract is heavily front-loaded, and also contains a no-movement clause that will also cover the upcoming season. The full breakdown:
- 2019-20: $13.5MM
- 2020-21: $9.0MM
- 2021-22: $13.0MM
- 2022-23: $13.0MM
- 2023-24: $8.45MM
- 2024-25: $8.0MM
- 2025-26: $7.1MM
- 2026-27: $6.75MM
Seguin, 26, has established himself as one of the very best players in the league in recent seasons, and took that to a whole new level in 2017-18. Along with an improved defensive game, Seguin tallied a career high 40 goals and broke 70 points for the fifth consecutive season. While the Stars disappointed and didn’t make the playoffs, Seguin and linemate Jamie Benn were still devastating in all situations and are the core of a team that should rebound this season. This deal likely means that Seguin will play out the rest of his career in Dallas, but is still in his prime and should be a Hart Trophy candidate going forward.
The fact that the Stars got him locked up for under $10MM per season is a testament to how much Seguin truly wanted to stay in Dallas. Though he was clear in his disappointment earlier this summer, he never did waver from the fact that he would like to stay with the organization moving forward and was hoping something would get done. Easily compared to John Tavares who reached unrestricted free agency this year and has had a similar career path, Seguin likely could have made close to (or even more than) the $88MM contract handed out by the Toronto Maple Leafs just a few months ago.
Dallas now has more than $55MM committed to just 13 players for the 2019-20 season, but with Benn, Seguin, Alexander Radulov, John Klingberg and Ben Bishop locked up can feel happy with their core moving forward. Jason Spezza’s $7.5MM cap hit will come off the books in less than a year, giving them more flexibility moving forward to lock up their other young talents.
Though long-term deals always come with some risk, the Stars have done well to limit it in this contract. The salary cap will likely increase at least somewhat in the next few seasons, and by the time Seguin starts to experience a decline in performance the actual salary left on the deal will have started to decline appropriately. For now, they have locked up a top talent for considerably less than he would have received on the open market and set their franchise up for success.
This deal continues a trend of 2019 UFAs signing long-term extensions, and takes another one of the potential superstars off the market. Seguin, Max Pacioretty, Ryan Ellis, Ryan McDonagh, Oliver Ekman-Larsson and Drew Doughty were all scheduled to hit unrestricted free agency next summer but have instead signed lengthy deals to stay with their (sometimes new) teams. Teams hoping to get their hands on the remaining players may have to pay up quickly or risk them being unavailable for years to come.