Thursday, March 26, 2009

McBain's deal with terms

The Hurricanes hometown paper, The News and Observer, has details about Wisconsin junior defenseman, and Hobey Baker finalist Jamie McBain's contract that he recently signed.

According to Chip Alexander, The News and Observer's Hurricanes beat writer, McBain’s contract will begin with the 2009-10 season, and will pay him an average of $600,000 per year at the NHL level, $62,500 at the minor-league level and a $255,000 signing bonus.

A max contract for McBains draft year would be worth $850,000 per year at the NHL level. I didn't think he would get a max deal, but I did think it would be higher than $600,000. For example, Mike Ratchuk, a defenseman also drafted in the second round #42 overall in 2006, and Kevin Quick, a defenseman drafted in the third, #78 overall make $660,000 at the NHL level (McBain was drafted #63 overall). First rounders like Erik Johnson and Bobby Sanguinetti are getting max deals. Next season the minimum NHL salary will be $500,000. Players who sign their first NHL contract between the ages of 18-21 (McBain is 21), are required to sign 3 year entry level contracts.