NHL Goaltenders Cash In: Major Contract Extensions Early in the 2024-25 Season
As the 2024-25 NHL season kicks off, teams are already making headlines with significant contract extensions for their star players. Among the most notable moves is the Dallas Stars’ recent decision to lock in franchise goaltender Jake Oettinger with an impressive eight-year extension. This development not only highlights the importance of goaltending in the league but also sets the stage for an exciting season ahead.
Jake Oettinger’s New Deal with the Dallas Stars
On Thursday, the Dallas Stars announced that Jake Oettinger has signed an eight-year contract extension worth $66 million. This deal translates to an average annual value (AAV) of $8.25 million, ensuring that Oettinger will remain a cornerstone of the franchise through the 2032-33 season.
Oettinger’s performance has been nothing short of remarkable since entering the NHL. In his first 196 games, he has amassed 30 wins, a 2.49 goals-against average, and an impressive .948 save percentage. His ability to make crucial saves and maintain composure under pressure has made him a key player for the Stars, especially as they aim for a deep playoff run.
The Trend of Goaltender Extensions
Oettinger’s extension mirrors a growing trend in the NHL, where goaltenders are increasingly being rewarded with lucrative contracts. Earlier this month, Jeremy Swayman of the Boston Bruins also signed an eight-year deal worth $66 million, showcasing the value teams place on elite goaltending. Both Oettinger and Swayman have demonstrated their potential to be game-changers, making their extensions a strategic investment for their respective franchises.
Other Notable Goaltender Contracts
The trend of goaltenders securing significant contracts doesn’t stop with Oettinger and Swayman. The Ottawa Senators made headlines by signing Linus Ullmark to a four-year extension worth $32 million. Ullmark, who won the Vezina Trophy in 2023, is expected to take on a full-time starting role in Ottawa after being traded from the Boston Bruins. His elite performance will be crucial for the Senators as they look to improve their standings in the competitive Atlantic Division.
Meanwhile, the Seattle Kraken rewarded Joey Daccord with a five-year, $25 million extension following his standout performance in the 2023-24 season. Daccord’s ability to step up and deliver solid performances has earned him this long-term commitment from the Kraken, who are looking to build on their recent successes.
The Importance of Goaltending in the NHL
The early contract extensions for these goaltenders underscore the critical role they play in a team’s success. In a league where games can be decided by a single goal, having a reliable goaltender can make all the difference. Teams are increasingly recognizing that investing in top-tier goaltending is essential for building a championship-caliber roster.
Oettinger’s struggles during the 2023-24 season were overshadowed by his remarkable postseason performance, where he posted a .913 save percentage and saved 4.1 goals above average in 19 playoff games. This ability to elevate his game when it matters most is precisely why the Stars felt confident in securing his future with the team.
The Future of Goaltending Contracts
As the 2024-25 NHL season unfolds, it will be interesting to see how other teams approach their goaltending situations. With several young and talented goaltenders emerging, the market for elite netminders is likely to remain competitive. Teams will need to weigh the risks and rewards of long-term commitments as they navigate the complexities of salary cap management.
The early contract extensions this season signal a shift in how franchises value goaltending, and it will be fascinating to watch how these investments pay off in the coming months. As the season progresses, fans can expect more exciting developments as teams continue to secure their key players for the future.