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New Jersey Devils Sign Shakir Mukhamadullin

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It’s not exactly the $64MM deal that Jack Hughes landed yesterday, but the New Jersey Devils have signed another contract. Shakir Mukhamadullin, one of the team’s 2020 first-round picks, has inked his entry-level contract. The team has immediately loaned him back to Salavat Yulaev Ufa in the KHL, where he will finish the season.

At the time of his draft, some questioned the Devils’ decision to take Mukhamadullin so high, selected 20th overall with the team’s third first-round pick. The young defenseman had been ranked 17th among international skaters by NHL Central Scouting and was expected by some to drop to the second round. The Devils obviously saw something that other scouts didn’t, as Mukhamadullin has not only shown an interesting mix of size, skating ability, and skill, but is also carrying himself quite well in the KHL playing against professionals.

Now 19, the 6’4″ defenseman already has 100 KHL contests under his belt and took part in the World Juniors last year for Russia. He’ll likely be there again this time around, though Ufa will be sorry to lose him. Unlike some teenagers that barely see the ice in the KHL, Mukhamadullin takes a regular shift and is also on the team’s powerplay unit. That’s where all three of his goals this year have come from, already matching his total from last season.

The timing of a contract like this is curious though, as KHL players do not often sign NHL contracts mid-season. It’s good news for the Devils, who will not have to fight to get Mukhamadullin over to North America when he’s ready, but it also means that his contract can slide since they got it done before the calendar flipped to 2022. Had they waited until the spring, when his KHL season ended, Mukhamadullin could have potentially negotiated a deal that burned the first year of his ELC in 2021-22 even without playing games.

Still, it will be interesting if he does come over when the KHL season ends and if so, where he’ll be assigned. He could get a handful of games in with the AHL club, or potentially even test himself at the NHL level down the stretch. Either way, Devils fans no longer have to worry about getting Mukhamadullin into the organization.

New Jersey Devils Extend Jack Hughes

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The New Jersey Devils have locked up the potential face of their franchise, signing Jack Hughes to an eight-year extension that will kick in next season. The deal comes just as Hughes is set to return to the lineup tonight after a long injury layoff. The $64MM contract will carry an average annual value of $8MM, making him the team’s highest-paid forward and locking him up through the 2029-30 season. Hughes was set to become a restricted free agent for the first time next summer.

PuckPedia reports that the deal will include a 10-team no-trade clause in the last four years of the deal. The full breakdown is as follows:

  • 2022-23: $7.0MM salary + $2.0MM signing bonus
  • 2023-24: $8.5MM salary
  • 2024-25: $8.5MM salary
  • 2025-26: $8.5MM salary
  • 2026-27: $8.0MM salary
  • 2027-28: $7.5MM salary
  • 2028-29: $7.0MM salary
  • 2029-30: $7.0MM salary

General manager Tom Fitzgerald released a statement explaining his excitement over the contract:

Today is a big day for the New Jersey Devils. This contract shows the commitment Jack and his family have made to us, and how the organization- myself, David Blitzer and Josh Harris- are in turn committed to them. We are building something unique and special here, with Jack being a core piece of that. This is just the start of where we believe we can go with this organization, as we work towards sustained success for years to come.

Selected first overall in 2019, Hughes has slowly developed through his first two years in the league, surrounded by a young, inexperienced roster and seeing his fair share of struggles. There was little doubt he entered this season as an improved player, however, and he showed it with his two-goal performance (including the overtime winner) in the Devils season opener. He had another assist in his second game before injuring his shoulder, which has kept him out since October 19 and limited him to just 26 minutes of ice time so far this season.

That all changes tonight when Hughes returns, now with not only the burden of draft expectations but now with those of a huge contract as well.

A member of one of an incredibly popular hockey family, which includes older brother Quinn Hughes, a star defenseman for the Vancouver Canucks, and younger brother Luke Hughes, who was selected fourth overall by the Devils this year and is currently playing at the University of Michigan, Jack Hughes has a skillset that could lead to huge results for the Devils in the long run. While he had just 21 points in his rookie season, he came back as a teenager last year to put up 31 points in 56 games, including 10 in his last 14.

While the projection of his ceiling is still sky-high, there’s obviously also a ton of risk in a contract like this for the Devils. Yes, Hughes could outperform an $8MM ticket as soon as next season, but he also could very well settle in below the true top-line options in the league and suddenly be a bit of an overpayment. The fact is that he hasn’t delivered that kind of production yet, even if his talent and upside are so obvious.

For a team like the Devils though, who only really have two other long-term commitments–captain Nico Hischier and free agent signing Dougie Hamilton–a deal like this isn’t going to cripple them even if he struggles moving forward. They’re paying for what should be Hughes’ entire prime and locking it in to avoid any distractions in the future. If the league’s revenue recovers to a point where the cap ceiling increases down the road, this deal could look like even more of a bargain, given it keeps Hughes in New Jersey for four unrestricted free agent years.

The pressure is on now for Hughes, who will start on the wing this evening but is still projected to be a center long-term for the Devils. That positional decision could be a huge factor in whether this is deal ends up a bargain or a blunder, as Hughes would hold so much more value if he can continue to line up in the middle of the ice.

This move also clears the deck for the Devils front office to focus on some of the other restricted free agents this summer, without having to wonder how much Hughes’ deal will come in at. Jesper Bratt, Pavel Zacha, Miles Wood, and several others are set to hit RFA status, meaning some more multi-year deals may be coming down the pipe. A team that’s just turning the corner on their rebuild, New Jersey is now 9-6-4 and focused on competing all season long in the Metropolitan Division.

Kevin Weekes of ESPN was first to report that a deal was close between Hughes and the Devils. 

Photo courtesy of USA Today Sports Images

Devils Assign Fabian Zetterlund To Utica

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  • The Devils announced (Twitter link) that they have assigned winger Fabian Zetterlund back to AHL Utica. The 22-year-old made his NHL debut last week and has played in three games in New Jersey but logged just 4:49 on Wednesday.  With Nathan Bastian returning after being claimed on waivers, Zetterlund can return to the Comets where he was off to a nice start offensively with nine points in his first ten games.

New Jersey Devils Claim Nathan Bastian

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Welcome back, Nathan. The New Jersey Devils have claimed Nathan Bastian off waivers from the Seattle Kraken, bringing back the player they lost in the expansion draft.

Bastian, 23, never seemed like a player that would make it through waivers, given the mix of size, draft pedigree and relative youth that he brings. A second-round pick in 2016, he played 41 games for the Devils last season, scoring ten points and forming a nice line with longtime teammate Michael McLeod.

While he failed to provide much offense with the Kraken, scoring just one goal and two points in 12 games, Bastian does actually have some upside on that side of the puck. The 6’4″ forward has scored 44 goals in 188 AHL games and even his seven in 60 NHL games show a player who can chip in once in a while.

He’ll now avoid a return to the minor leagues, as the Devils will have to keep him on the active roster. To make room, Jesper Boqvist has been moved to injured reserve retroactive to November 18.

For Seattle, this appears to be another case of wasting an expansion pick. There wasn’t a ton of talent available on the Devils roster, but it seems likely that someone like Andreas Johnsson would have been more valuable, even despite his contract. Now they’ve lost Bastian for nothing (save the small fee a team must pay to claim a player), after just 12 games.

Tyce Thompson Expected To Be Out Long-Term

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The Devils will be without Tyce Thompson for the next little while as Corey Masisak of The Athletic reports (Twitter link) that the winger will be undergoing shoulder surgery at some point over the next few days.  He adds that Thompson has had multiple issues with his shoulder and at this point, they’ll be hoping that the procedure stops the issue from lingering.  The expected time for recovery will be several months.

The 22-year-old was brought up from AHL Utica last week and had gotten into two games before suffering the injury, averaging 14:25 per game.  Prior to that, he was averaging a point per game in seven contests with the Comets.  He also suited up seven times with the Devils last season after finishing his college career at Providence, picking up an assist while primarily playing on the fourth line.

This is the final season of Thompson’s entry-level contract, one that carries $400K in performance bonuses.  With him set to miss a substantial portion of the year though, it’s quite unlikely that he’ll be able to reach any of those.

Kyle Capobianco, Marian Studenic Clear Waivers

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Nov 8: Both players have cleared waivers and can now be assigned to the minor leagues.

Nov 7: Two names are appearing on NHL waivers Sunday, per Sportsnet’s Elliotte Friedman. The Arizona Coyotes placed defenseman Kyle Capobianco there, while the New Jersey Devils waived forward Marian Studenic.

Capobianco, a 24-year-old who was expected to possibly steal a lineup spot this season, hasn’t played this season as a knee injury has sidelined him. Capobianco was activated from injured reserve today in order to permit the Coyotes to waive him. It appears as though recent call-ups Dysin Mayo and Cam Dineen have now surpassed Capobianco on the team’s depth chart.

The Devils have utilized Studenic in five games this season, but the 23-year-old Slovakian has yet to register a point. He was technically the team’s only extra healthy forward, but they’ve also played Mason Geertsen at forward instead of his usual defense at some points this season. Studenic’s averaged just 11:33 of ice time in those five games.

Both Capobianco and Studenic were younger players that appeared to have the inside track on roster spots heading into the season. It’s entirely possible that a team could choose to take a chance on either one of Capobianco or Studenic.

Miles Wood Out Indefinitely Following Surgery

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The New Jersey Devils have announced that Miles Wood underwent surgery on his right hip and is out indefinitely. The team explains the timeline so far:

During the Oct. 4 preseason game versus the Washington Capitals, Wood suffered an injury to his right hip.  After exhausting all conservative measures, and in consultation with team medical providers and external specialists, Miles has elected to receive surgery.

Wood has not played yet this season and likely will be out several months, though a specific timeline is not yet available. The 26-year-old put up another strong season in 2020-21, scoring 17 goals in 55 games, tying him for the club lead with Pavel Zacha. He has also developed into a key leader from the group, serving as an alternate captain for the Devils since last season.

It’s a tough blow for New Jersey, which has suffered several serious injuries now this season. The team finds itself with a respectable 5-3-2 record, but that’s only good enough for seventh place in the tough Metropolitan Division. The season is a long one, but losing Wood is certainly not an ideal situation given his place with the team.

Perhaps more notably, however, this injury will also have huge implications on Wood’s next contract. He is set to be a restricted free agent for the final time next summer and could have elected arbitration to give him a one-year deal, walking him directly to UFA status. Arbitration will be risky now, however, given that his counting stats from this year will be very low (if existent at all). Coming off a four-year, $11MM deal, Wood likely would have been looking at a nice raise on the $2.75MM cap hit he carries. Now, it’s unclear what kind of negotiation will take place as he recovers from major surgery.

Devils Recall Colton White, Place Christian Jaros On IR

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  • The Devils have placed defenseman Christian Jaros on IR, freeing up a roster spot for them to recall Colton White from Utica.  White played in a pair of games after breaking camp with New Jersey before being sent down last month when Ty Smith was activated.  As for Jaros, he has played in two games with the Devils this season after being acquired in July from San Jose.

Dougie Hamilton Didn't Feel Wanted In Carolina

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  • Prior to Dougie Hamilton leaving in free agency, Carolina GM Don Waddell felt that there was some progress on a new deal that would have stopped him from reaching the open market. However, the defenseman didn’t feel the same way, telling ESPN’s Greg Wyshynski that he never felt that he was wanted.  He certainly got that feeling from the Devils, who signed him to a seven-year, $63MM contract on the opening day of free agency and he has done well so far, collecting six points in eight games while averaging 21:59 per contest.

New Jersey Devils Recall Alexander Holtz

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With the roster spot available after Scott Wedgewood was claimed off waivers, the New Jersey Devils have recalled top prospect, Alexander Holtz.

It’s been just four games for the Utica Comets this season, but the seventh-overall pick from 2020 has proven the AHL is no match for him. Holtz has five goals in those four contests and has registered 18 shots on net. It was only a matter of time before he found himself up with the NHL club, though there is obviously still plenty to prove at the highest level.

Armed with a lightning-fast release and a blistering shot, Holtz has always found a way to put the puck in the net, even if it does usually take him a little bit of time to adapt to a new level or challenge. In ten games last season with the Binghamton Devils he had just a single goal, but looks to have taken a substantial development step this time around. Now he’ll make the jump to the NHL, where similarly, goals may not come right away, but likely will at some point for the talented youngster.

Unlike in years past though, where the Devils were solely focused on development, this season there is a real push to be a competitive part of the Metropolitan Division. After a brilliant start, the team lost top center Jack Hughes to a shoulder injury and were shut out by the Anaheim Ducks on Tuesday. The team generated 28 shots on John Gibson but were unable to find the twine, an easy explanation why Holtz is up to infuse some offensive punch.

Of note, Holtz’ contract is still eligible to slide forward another year should he fail to play in ten games at the NHL level. If the team decides he’s not quite ready after seeing him in action, they can still send him back to the minors and avoid burning the first year of his entry-level deal.

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