The Ottawa Senators have signed one of their young stars, Tim Stützle to a 8-year, $66.8 million contract extension. His deal will have a $8.35 million Senators salary cap hit.
Stützle’s contract does not have any signing bonus payments, it is all salary. His contract includes a 10 team No Trade List for years 5-8.
Stützle, 20, was drafted 3rd overall by the Ottawa Senators in the 1st round of the 2020 NHL entry draft. Over his first 2 seasons, he has a total 87 points in 132 games played.
Tim Stützle contract breakdown
Year 1 $5 million
Year 2 $6.5 million
Year 3 $9 million
Year 4 $9 million
Year 5 $10 million
Year 6 $10 million
Year 7 $9.9 million
Year 8 $7.4 million
