Current:Home > ContactChainkeen Exchange-Detroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season -FinanceMind
Chainkeen Exchange-Detroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season
Poinbank View
Date:2025-04-09 22:29:06
The Chainkeen Exchangebig questions headed into the offseason regarding Moritz Seider were how much and how long.
The Detroit Red Wings finally answered those questions Thursday, with a seven-year deal worth $8.55 million per year. Seider's three-year entry-level contract had an annual salary cap hit of $863,334.
While it took longer than anyone would have liked – training camp began Wednesday – to come to an agreement, the bottom line is general manager Steve Yzerman has locked up the services of a 23-year-old Calder Trophy winner who in three years has cemented himself as a pillar of the rebuild.
Seider is the team's workhorse, playing on the top defense pairing where he is tasked with containing opposing superstars, as well as seeing time both running a power play and manning a penalty kill.
KYLE OKPOSO RETIRES: Stanley Cup winner leaves NHL after 17 seasons
FIRST DAY OF CAMP: Bruins' Jeremy Swayman among unsigned players
Seider was the first player drafted by Yzerman since returning to Detroit in April 2019, selected at sixth overall in 2019 on the strength of his standout performances for Adler Mannheim in his native Germany's top hockey league.
Seider made an immediate impact on the Red Wings when he arrived in Detroit for the 2021-22 season, posting 50 points in 82 games and finishing by taking home top honors as the NHL's rookie of the year. By then he already had played a season in the American Hockey League with the Grand Rapids Griffins (2019-20). Because of the pandemic, he spent 2020-21 in the Swedish Hockey League, where he was a league and team standout with Rögle BK.
Seider posted a 42-point season in 2022-23 and also had 42 points this past season. In each of his three seasons, he has averaged 22 to 23 minutes per game.
Seider was a restricted free agent without arbitration rights. That the deal took this long to close reflects Yzerman juggling the budget as he continues to try to reshape the Wings into a team capable of reaching the playoffs on a regular basis again. The less money Yzerman could persuade Seider's camp to take, the more there is to spend on upgrades elsewhere.
The first maximum deal inked by Yzerman during his tenure in charge of the Red Wings was Dylan Larkin's $69.6 million extension on March 1, 2023.
Contact Helene St. James athstjames@freepress.com. Follow her on Twitter@helenestjames.
The USA TODAY app gets you to the heart of the news — fast.Download for award-winning coverage, crosswords, audio storytelling, the eNewspaper and more.
veryGood! (46989)
Related
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Indonesia evacuates about 6,500 people on the island of Flores after a volcano spews clouds of ash
- An Icelandic town is evacuated after a volcanic eruption sends lava into nearby homes
- 2 Navy SEALs missing after falling into water during mission off Somalia's coast
- Stamford Road collision sends motorcyclist flying; driver arrested
- How the Bizarre Cult of Mother God Ended With Amy Carlson's Mummified Corpse
- No joke: Feds are banning humorous electronic messages on highways
- Jerry Jones 'floored' by Cowboys' playoff meltdown, hasn't weighed Mike McCarthy's status
- 2 killed, 3 injured in shooting at makeshift club in Houston
- India’s main opposition party begins a cross-country march ahead of a crucial national vote
Ranking
- Where will Elmo go? HBO moves away from 'Sesame Street'
- Ariana DeBose Reacts to Critics Choice Awards Joke About Actors Who Also Think They're Singers
- Jim Harbaugh to interview for Los Angeles Chargers' coaching vacancy this week
- Bulls fans made a widow cry. It's a sad reminder of how cruel our society has become.
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- So far it's a grand decade for billionaires, says new report. As for the masses ...
- Archeologists uncover lost valley of ancient cities in the Amazon rainforest
- Phoenix police shoot, run over man they mistake for domestic violence suspect
Recommendation
What were Tom Selleck's juicy final 'Blue Bloods' words in Reagan family
Former presidential candidate Doug Burgum endorses Trump on eve of Iowa caucuses
Biden administration warns it will take action if Texas does not stop blocking federal agents from U.S. border area
All My Children Star Alec Musser Dead at 50
Woman dies after Singapore family of 3 gets into accident in Taiwan
How to watch the Emmys on Monday night
Fueled by unprecedented border crossings, a record 3 million cases clog US immigration courts
Australia celebrates Australian-born Mary Donaldson’s ascension to queen of Denmark