Current:Home > InvestDetroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season -Wealth Impact Academy
Detroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season
View
Date:2025-04-26 00:10:15
The big 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 at[email protected]. 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! (7)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- New industry readies for launch as researchers hone offshore wind turbines that float
- What is the safest laundry detergent? A guide to eco-friendly, non-toxic washing.
- Ryan Seacrest Teases Katy Perry’s American Idol Replacement
- Selena Gomez engaged to Benny Blanco after 1 year together: 'Forever begins now'
- Kelly Clarkson Addresses Ozempic Rumors After Losing Weight
- Childish Gambino announces 'The New World Tour': See full list of dates
- Abuse victim advocates pushing Missouri AG to investigate Christian boarding schools
- Taylor Swift makes surprise visit to Kansas City children’s hospital
- Georgia mandated training for police on stun gun use, but hasn’t funded it
Ranking
- Could your smelly farts help science?
- Texas pizza delivery driver accused of fatally shooting man who tried to rob him: Reports
- New Jersey lawmakers pass overhaul of state’s open records law
- South Carolina governor happy with tax cuts, teacher raises but wants health and energy bills done
- Grammy nominee Teddy Swims on love, growth and embracing change
- Thomas Jefferson University goes viral after announcer mispronounces names at graduation
- Final Hours Revealed of Oklahoma Teen Mysteriously Found Dead on Highway
- US energy panel approves rule to expand transmission of renewable power
Recommendation
Paris Hilton, Nicole Richie return for an 'Encore,' reminisce about 'The Simple Life'
New Mexico forges rule for treatment and reuse of oil-industry fracking water amid protests
What is the safest laundry detergent? A guide to eco-friendly, non-toxic washing.
Melinda French Gates says she's resigning from the Gates Foundation. Here's what she'll do next.
Highlights from Trump’s interview with Time magazine
Third Real Housewives of Potomac Star Exits Amid Major Season 9 Cast Shakeup
Bill Discounting Climate Change in Florida’s Energy Policy Awaits DeSantis’ Approval
Cannes kicks off with Greta Gerwig’s jury and a Palme d’Or for Meryl Streep