Philip Forsberg isn’t leaving Nashville anytime soon as the team announced (Twitter link) that they’ve agreed to an eight-year contract with the winger. While financial terms weren’t officially disclosed, 104.5 The Zone’s Dawn Davenport was the first to report (Twitter link) that the deal is worth around $70MM; Daily Faceoff’s Frank Seravalli confirms (via Twitter) that the deal carries an $8.5MM AAV which is worth a total of $68MM.
The 27-year-old has spent parts of the last ten seasons with the Predators after they acquired him at the trade deadline from Washington in 2013 in exchange for Martin Erat and Michael Late in a trade that worked out a whole lot better for Nashville than it did for the Capitals. Since then, Forsberg has become a consistent scorer for the Preds and has been a key cog on their top line for several years.
The timing for that jump in production couldn’t have been better for Forsberg as it placed him as one of the top free agents of this year’s class, giving him plenty of leverage in contract talks. That has allowed him to earn a $2.5MM raise from his previous contract and plenty of job security since he’ll be signed through the 2029-30 season. It will be interesting to see if he was able to get any form of trade protection in the contract as that’s something that GM David Poile has historically been extremely hesitant to hand out over the years.
Nashville is clearly looking to remain in the playoff picture after adding Ryan McDonagh earlier this offseason and keeping Forsberg in the fold will certainly help their chances of reaching the postseason again. They have a little over $9MM left in cap space per CapFriendly with RFA winger Yakov Trenin the most notable still to be signed so it’s possible that the Predators could look to add another impact player this summer if they intend to spend close to the $82.5MM salary cap.
Photo courtesy of USA Today Sports Images.