July 28: Per PuckPedia, the breakdown of the deal is as follows:
2021-22: $1.55MM salary, $1MM signing bonus
2022-23: $5.1MM salary
2023-24: $7.65MM salary
2024-25: $7.7MM salary
2025-26: $5.425MM salary, $1MM signing bonus
2026-27: $2.175MM salary, $3MM signing bonus
2027-28: $2.65MM salary, $1.25MM signing bonus
The deal contains a full no-move clause in the first five seasons and a 21-team no-trade clause in the final two years.
July 24: The Oilers and Maple Leafs could not reach an agreement, according to Darren Dreger of TSN, so Hyman will wait to sign his contract when free agency opens on Wednesday. That limits the deal to seven years in length. Dreger also reports that the cap hit on a seven-year deal is $5.5MM.
July 23: After weeks of speculation, The Toronto Sun’s Terry Koshan reports that the Edmonton Oilers have a contract agreement in place with Toronto Maple Leafs forward Zach Hyman. Whether or not the deal is a sign-and-trade or just an acquisition of rights remains to be seen, but it’s extremely likely at this point that the Oilers will be acquiring Hyman via trade prior to free agency opening July 28th.
Recent rumors would suggest that when all is said and done, Hyman will be signing a seven- or eight-year deal in Edmonton. Bally Sports Midwest’s Andy Strickland reported yesterday that the cap hits on both deals would come in at around $5MM. Hyman has displayed the ability over the past few seasons to be one of the best complementary players in the NHL, something that could work wonders for their secondary scoring. Potentially playing on Edmonton’s top line with Connor McDavid and Jesse Puljujarvi has to be an extremely exciting prospect for Hyman, who’s likely getting more term and money in Edmonton than Toronto was ever prepared to offer him.
Toronto’s search to find a new top-six-caliber left-winger begins now if it hasn’t already. They’ve been linked in past weeks to Detroit Red Wings forward Tyler Bertuzzi, who’d come much cheaper to the team than Hyman realistically ever would have. There’s also the long-shot big name in Gabriel Landeskog, who’s becoming estranged from the Colorado Avalanche in contract talks and could be looking for a new home. Regardless, the Maple Leafs have to look forward without Hyman, who’s been a core part of this team’s rise to regular-season success over the past half-decade.