clock menu more-arrow no yes

Filed under:

Ryan Suter, Zach Parise Contracts Won't Hurt Minnesota Wild's Salary Cap

The Minnesota Wild were the clear-cut winners in the 2012 free agency class when they managed to retain the services of the two biggest players on the open market with identical 13-year, $98 million contracts to both Ryan Suter and Zach Parise.

However, along with their talents comes the burden of a huge financial commitment in the salary cap era, which potentially could cause problems down the line. Due to some creative contract structuring and foresight by the Minnesota front-office, that shouldn't become an issue.

Here is the structure of both Parise and Suter's contract via Twin Cities:

2012-13: $10 million signing bonus, $2 million base salary
2013-14: $10 million signing bonus, $2 million base salary
2014-15: $5 million signing bonus, $6 million base salary
2015-16: $9 million base salary
2016-17: $9 million base salary
2017-18: $9 million base salary
2018-19: $9 million base salary
2019-20: $9 million base salary
2020-21: $8 million base salary
2021-22: $6 million base salary
2022-23: $2 million base salary
2023-24: $1 million base salary
2024-25: $1 million base salary

By structuring the deals like this, both payers will have an annual cap-hit of $7.53 million per season despite the changes in real money being paid.

This actually saves the club a little over $2 million dollars in terms of the cap-hit during the peak years of the deal when the organization is paying the two players $9 million dollars in real money.

Most importantly, the Wild are only committed to Parise, Suter and Mikko Koivu past the 2014-15 season, which will allow the team to have salary cap relief throughout the years. While the club probably won't be making any more huge splashes any time soon, they will have a superstar core to develop around.

For more on the Minnesota Wild, check out Hockey Wilderness. You can check out more hockey news from around the league at SB Nation's NHL page, or watch SB Nation's YouTube channel:

Check out the SB Nation Channel on YouTube

Photographs by Micah Taylor, clairity, and Fibonacci Blue used in background montage under Creative Commons. Thank you.