The Devils' decision to re-sign Nico Hischier to a 5-year, $11.7M AAV contract is a strategic move that showcases the team's commitment to building a competitive roster. This contract extension is a testament to Hischier's importance as a top-six center, a position that is increasingly difficult to find in the NHL.
Hischier's new deal comes with a higher cap hit, but it's a necessary investment for the team's long-term success. The salary cap environment has changed, with rising cap ceilings and players like Alex Tuch, Darren Raddysh, and Martin Necas opting for shorter-term deals. Hischier's previous contract was a 7-year, $50.75M deal, and his new contract takes up 10.3% of the salary cap, which is a significant but manageable amount.
One of the key reasons for the Devils' decision is Hischier's exceptional performance. He has consistently played 20+ minutes per night, averaged 30 goals and 70 points over the last four seasons, and maintained a high game attendance rate. His ability to play in all situations and match up defensively against top lines makes him a valuable asset. The fact that teams like Montreal were interested in signing him further emphasizes his talent and marketability.
The Devils' strategy of prioritizing Hischier's contract extension is a smart move, especially given the barren free agent market for top-six centers. The team has a strong pipeline of young talent, including Alexander Command and Amadeus Lombardi, but Hischier's presence provides a stable foundation for the team's future. While there are concerns about the cap hit, the Devils' general manager, Sunny Mehta, has a proven track record of managing the salary cap effectively.
The NHL's current landscape is characterized by player empowerment, with star players seeking to join teams in warm-weather, no-tax states. The Devils' decision to retain Hischier is a strategic move that aligns with this trend. It allows the team to build a competitive roster and potentially attract other top talent in the future. Additionally, the contract extension provides Hischier with the flexibility to potentially cash in again in free agency, which is a common strategy in the modern NHL.
In conclusion, the Devils' re-signing of Nico Hischier is a strategic and necessary move that showcases the team's commitment to building a competitive roster. Despite the higher cap hit, the team's strategy of prioritizing Hischier's contract extension is a smart move that will benefit the organization in the long term.