12:16 p.m.: Iafallo’s deal pays him $4MM in base salary in 2025-26 and 2026-27 before dropping to $3MM in 2027-28, PuckPedia reports. There are no signing bonuses or trade protection in his contract.
9:02 a.m.: Pending unrestricted free agent winger Alex Iafallo is staying with the Jets on a three-year, $11MM extension, the team announced Wednesday. The deal carries a $3.67MM cap hit and will keep him in Winnipeg through the 2027-28 campaign.
The Jets acquired Iafallo in one of the 2023 offseason’s biggest trades. He was part of the haul the Kings sent to Winnipeg for Pierre-Luc Dubois, joining first-rounders Rasmus Kupari and Gabriel Vilardi and a second-round pick that turned into defenseman Alfons Freij. L.A. mostly needed to give him up for salary-balancing purposes – he was on an affordable deal with a $4MM cap hit, was coming off a career-high 0.61 points per game, and had routinely spent time on the Kings’ top line alongside Anže Kopitar.
After averaging north of 17 minutes per game across his first six NHL seasons in Los Angeles, Iafallo’s ice time has been slashed since arriving with the Jets. He was immediately bumped to the bottom-six with the younger Vilardi grabbing a first-line role alongside Kyle Connor and Mark Scheifele, and his production has suffered as a result. He’s posted 26-32–58 in 163 games since the trade, an average of 29 points per 82 games. That’s a good bit south of his career average of 37.
Iafallo has still been among the first players to get elevated into a top-six role when injuries strike. Vilardi has missed much of the last few weeks of the campaign with an upper-body injury, and Iafallo has slotted into his place on the top line. He carries a four-game point streak into the final game of the regular season and has 15-16–31 in 81 games on the year overall, up from last year’s 27 points in 82 games. As such, he’s not missed a game for Winnipeg since his acquisition.
The 31-year-old has also brought sterling possession impacts, particularly this season. He leads Jets forwards with a +21 rating and ranks fifth on the team with a 51.2 CF% at even strength, the highest mark among Winnipeg skaters who have seen the majority of their deployment in the defensive zone. While he doesn’t shoot particularly often, he’s been an effective shooter when he does. He’s scoring at a 14.2% clip and is one of Winnipeg’s best players at turning shot attempts into shots on goal with a 57.3% through rate.
While he hasn’t seen much ice at even strength this year, Iafallo is still averaging north of 13 minutes per game and routinely features on Winnipeg’s second power-play unit and comprises their top penalty-killing forward duo with captain Adam Lowry. That special teams versatility, along with his ability to slide up and down the lineup with good defensive play, makes him a more valuable skater than just his point totals indicate.
The Jets thus retain him for the next three years at a slight discount from what they’re paying him now. It’s a good bit of business that still leaves Winnipeg with $32.7MM in cap space this summer and six roster spots to fill.
Photo courtesy of Terrence Lee-Imagn Images.
Awesome