
When the Devils acquired winger Luke Evangelista a few weeks ago, one of the first questions that I asked was whether or not the Devils should sign him to a contract extension.
If you’ve been paying attention to what’s going on around the league, there has been a flurry of contract extensions across the NHL. Yesterday was the last day for teams to sign players for a maximum of eight years, and we saw a few of those deals with Drake Batherson extending in Ottawa, Noah Ostlund in Buffalo, and Ryan Leonard and Justin Sourdif in Washington DC. So it was only to wonder if any of the Devils pending free agents would put pen to paper, as Jackson wrote about earlier this week.
Sunny Mehta didn’t quite go the full eight years of term with Evangelista, but late Tuesday night, he did get Evangelista to agree to terms on a new five year contract. The deal is for $36.25M total ($7.25M AAV). The deal will begin with the 2027-28 season and will be tacked on to the final year of his current $3M AAV deal.
The contract breakdown is as follows: 2027-28: $9,700,000; 2028-29: $8,260,000; 2029-30: $6,120,000; 2030-31: $6,085,000 & 2031-32: $6,085,000.
According to PuckPedia, the deal is signing bonus heavy, with roughly 75% of it coming in bonuses ($27.915M). There is also relatively light trade protection over the final three years of the deal with a 7-team no-trade list in 2029-30, a five team no-trade list in 2030-31, and a three team list in 2031-32. The deal is also buying out three years of UFA.
My initial reaction was that it seems a little high given some of the recent comparables. Evangelista secures a bigger AAV than Fraser Minten (7x$7.2M) who really just has the one full NHL season to speak of and plays a premium position. He comes in higher than Connor McMichael (6x$6.75M), although he does have a higher scoring rate for his career.
After taking a step back though and looking at it again, I think it’s just where the NHL is going nowadays and getting a top six winger under $10M is probably a bargain at this rate. Especially when you’re buying out three years of unrestricted free agency beginning in 2029-30.
We’re seeing more and more teams make those long-term bets on their young players that they envision being part of their core. When your options are sign the player now or pay more for the same player a year from now, I get why teams are being proactive when it comes to signing their own. The salary cap is only continuing to increase and yesterday’s price isn’t today’s price.
Evangelista has 253 games of NHL experience, so it’s not a pure gamble like, say, what the Sabres are doing with Ostlund and his 68 games of experience. Granted, we don’t know how he’s going to fit in yet with THIS Devils team since he has yet to play a game for the Devils. But if he fits in well, that contract would’ve only gotten more expensive next summer if he put up another 56 point season playing out his current deal.
I view this bet as being similar to the ones that Mehta (or more specifically, Bill Zito) made in Florida with players such as Carter Verhaeghe, Sam Bennett, Sam Reinhart, and others. Florida was proactive in getting their supporting cast locked up on manageable deals and it paid off in a big way on the back end of those deals when those players became key contributors on their Stanley Cup championship teams. I also look at the market in general and acknowledge that UFA isn’t going to be the answer. Especially when players like the aforementioned Batherson remove themselves from the equation by forgoing UFA and signing long-term in Ottawa.
At the end of the day, I’m not surprised that Mehta doubled down on the bet he previously made by acquiring Evangelista in the first place. This deal only reaffirms his belief in said player.
That’s how I’m looking at this deal. Perhaps you are looking at it differently. Please feel free to leave a comment below, and thanks for reading.











