Confirmed with Link: Wood Signs 4 Year Extension, 2.75M AAV

[Cheddabombs]

"The New Jersey Devils today re-signed forward Miles Wood to a four-year contract, with an annual average value of $2,7500,000. The breakdown is as follows: 2018-19, $2,500,000; 2019-20, $2,500,000; 2020-21, $2,500,000 & 2021-22, $3,500,000. Wood will join the team for practice on Sunday morning. The announcement was made by Devils' Executive Vice President/General Manager Ray Shero.
"We are excited to have Miles under contract for the next four years," said Shero. "With his style of play, he's a big part of what we are collectively building here in New Jersey, now and in the future."

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[RememberTheName]

Nice. Let’s hope the AAV isn’t bad

 

[Setec Astronomy]

AAV 2.75 million

 

[Monsieur Verdoux]

AAV 2.75 million

Great deal, if it is 4 years and 2,75 million. Or is this just some speculation?

 

[MadDevil]

That's about twice as long as I expected, but I'm not going to complain.

 

[TrufleShufle]

so 5 years until UFA right?

 

[Monsieur Verdoux]

 

[New Jersey Devils]

Chris Ryan was on the money with a new deal being imminent.

 

[Devils731]

Good for him. He is now set for life if he plays is smart.

 

[Blender]

Great news.

 

[Classic Devil]

Nice deal. What does this mean for UFA/RFA status at contract's end?

 

[Based Anime Fan]

RFA on completion, I think.

 

[DerekDevils30]

I really like this deal. If Miles continues his upward trajectory, he's going to be a huge piece for us going forward. Nice to have him locked up for awhile

 

[Better Call Sal]

Woo hoo! I’ve got Wood, you’ve got Wood, we’ve all got Wood!

 

[DerekDevils30]

I'd love to see him incorporated into the PK at some point going forward. If he can get to that point defensively, he'd be an absolute nightmare for the pointmen

 

[NJDevs26]

Well at least people can't complain about Ray nickel and diming Wood, seems like a fine deal on both ends - a little higher AAV than I expected, but I wasn't expecting 4 years either so it's fair from that end. It seems like it would have been more in the low 2's if it was a 1-3 year deal.

And with this kind of contract you have to figure he's in the lineup period lol

 

[TheUnseenHand]

Good deal.

 

[Devilsgrl35]

This is a fair contract for both sides. Hard to complain about this contract.

 

[Blender]

If his development continues to leap forward, this will be a steal. If he plateaus, it will be fair. Can't complain about this.

 

[Lou is God]

Awesome and thank God. I couldn't take the overreaction of him holding out anymore.

 

[SeidoN]

Nice deal

 

[NJDevs26]

So apparently this was an audible off a bridge deal since Wood wasn't getting money on a shorter deal. Although I guess technically it's still a bridge deal if he's an RFA at the end of it lol

 

[mtnet]

Seems fair, think Miles did well for himself here

 

[SpeakingOfTheDevils]

Good deal for both sides. I’m glad this **** is over.

 

[bobilly45]

Fair deal for all sides. Nice to have him sign for 4 years, he was underrated by many on here over the last yr or so