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Ottawa Senators signed Alex Formenton (3 Years / $888,333 AAV)

Was this a good signing?
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Oct. 2, 2017 at 6:03 p.m.
#1
Alex Formenton has signed a new contract with the Ottawa Senators.
Entry-Level Contract
Comparable ContractsCOMPARE THIS CONTRACT
SIGNED BY: Pierre Dorion
Length: 3 years
Value: $2,850,000
Expiry Status: RFA
Cap % Tooltip: 1.05
Signing Team: Logo of the Ottawa SenatorsOttawa Senators
Signing Date: Oct. 2, 2017
Source: CapFriendly

Alex Formenton signed a 3 year, $2,850,000 contract with the Ottawa Senators on Oct. 2, 2017. The contract has a cap hit of $747,500.

SEASONClauseCap HitTooltipAAV TooltipP. BonusesTooltipS. BonusesTooltipBase SalaryTooltipTotal SalaryTooltipMinors SalTooltip
2017-18$784,166$925,000$92,500ENTRY-LEVEL SLIDE
2018-19$753,333$894,167$92,500ENTRY-LEVEL SLIDE
2019-20$747,500$888,333$182,500$92,500$700,000$792,500$70,000
2020-21$747,500$888,333$132,500$0$700,000$700,000$70,000
2021-22$747,500$888,333$107,500$0$750,000$750,000$70,000
TOTAL$3,779,999$4,484,166$422,500$277,500$1,965,000$2,242,500$210,000
Qualifying OfferTooltip: $787,500
 
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