The Ottawa Senators have signed Marcus Hogberg to a two-year contract extension, carrying him through the 2020-21 season. The deal carries a $700K annual average value at the NHL level, but will be a two-way contract in the first year. Hogberg was scheduled to become a restricted free agent this summer.
Now 24, Hogberg was originally selected in the third round of the 2013 draft but spent several years continuing his development in Sweden. Upcoming coming over to the Senators organization in 2017, he struggled at the AHL level and eventually found himself playing in the ECHL. In the most recent season however, Hogberg was excellent for the Belleville Senators and recorded a .917 save percentage in his 39 appearances. Add in a 21-17-4 record and 2.32 goals against average and it is no surprise that the team brought him back.
Hogberg was actually eligible for arbitration, though with only four NHL appearances under his belt he likely couldn’t have argued for a much better deal. This way he’ll know that he has some financial stability coming down the line, and he can keep working towards the goal of earning a full-time role with Ottawa in the future. That opportunity is certainly possible, as the Senators don’t have any long-term contracts for their NHL goaltenders currently.