In recent Vancouver Canucks news, it has been announced that they have signed goaltender Ty Young to a rookie contract valued at $2,550,000 million. This contract will result in a $850,000 yearly salary cap hit for the Canucks.
Was this a huge overpay for Young is he worth every penny? I will let you decide in the comments below.
At the 2022 NHL entry draft, the Vancouver Canucks selected Ty Young in the fifth round as the 144th overall pick.
Young’s new contract includes a signing bonus of $75,000 on each year of his rookie contract.
What does the Ty Young contract mean for the Vancouver Canucks?
To get an idea of how Ty Young’s contract impacts the Vancouver Canucks’ projected cap space for the 2023-24 season, check out the updated salary cap information for the team.
The Canucks currently have $-1,996,667 available cap space for the coming season.
Want to watch Ty Young on TV? View the Canucks game on TV tonight.
Ty Young Contract Breakdown
| SEASON | CAP HIT | S. BONUSES | BASE SALARY | TOTAL SALARY | MINORS SAL |
|---|---|---|---|---|---|
| 2023-24 | $850,000 | $75,000 | $775,000 | $850,000 | $82,500 |
| 2024-25 | $850,000 | $75,000 | $775,000 | $850,000 | $82,500 |
| 2025-26 | $850,000 | $75,000 | $775,000 | $850,000 | $82,500 |
| TOTAL | $2,550,000 | $225,000 | $2,325,000 | $2,550,000 | $247,500 |
