Current:Home > InvestDetroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season -ProfitSphere Academy
Detroit Red Wings, Moritz Seider agree to 7-year deal worth $8.55 million per season
View
Date:2025-04-19 12:50:02
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 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! (45856)
Related
- Person accused of accosting Rep. Nancy Mace at Capitol pleads not guilty to assault charge
- U.S. home prices reach record high in June, despite deepening sales slump
- Coco Gauff to be female flag bearer for US team at Olympic opening ceremony, joining LeBron James
- Donald Trump and Bryson DeChambeau aim to break 50 on YouTube: Five takeaways
- What to know about Tuesday’s US House primaries to replace Matt Gaetz and Mike Waltz
- IOC awards 2034 Winter Games to Salt Lake City. Utah last hosted the Olympics in 2002
- See “F--king Basket Case” Kim Zolciak Break Down Over Kroy Biermann Divorce in Surreal Life Tease
- The Founder For Starry Sky Wealth Management Ltd
- Travis Hunter, the 2
- Agreement halts Cowboys owner Jerry Jones’ countersuit trial against woman who says he’s her father
Ranking
- Realtor group picks top 10 housing hot spots for 2025: Did your city make the list?
- Hugh Jackman Weighs in on a Greatest Showman Sequel
- What is social anxiety? It's common but it doesn't have to be debilitating.
- Kamala Harris hits campaign trail in Wisconsin as likely presidential nominee, touts past as prosecutor
- The White House is cracking down on overdraft fees
- North Dakota judge will decide whether to throw out a challenge to the state’s abortion ban
- Darryl Joel Dorfman: Leading Financial Technology Innovation
- Woman pleads guilty to stealing $300K from Alabama church to buy gifts for TikTok content creators
Recommendation
Federal court filings allege official committed perjury in lawsuit tied to Louisiana grain terminal
'DEI candidate.' What's behind the GOP attacks on Kamala Harris.
Amari Cooper, Cleveland Browns avoid camp holdout with restructured deal
Montana Supreme Court allows signatures of inactive voters to count on ballot petitions
Former Syrian official arrested in California who oversaw prison charged with torture
WNBA All-Star Game has record 3.44 million viewers, the league’s 3rd most watched event ever
Woman pleads guilty to stealing $300K from Alabama church to buy gifts for TikTok content creators
Florida school board unlikely to fire mom whose transgender daughter played on girls volleyball team