The Ottawa Senators have signed forward Mike Hoffman to a four-year contract.
The deal is $3.8 million in 2016-17 and $5.65 million for each of the three seasons to follow. The annual salary cap hit would therefore amount to $5.1875 million, for a total valuation of $20.75 million.
"Mike Hoffman is a huge piece of our team moving forward," general manager Pierre Dorion said. "To get a long-term contract done makes both sides happy."
"The Sens are the team I wanted to play for and I'm excited to work with Guy Boucher again," said Hoffman, who played junior hockey for the new head coach. "I love the city and the fans."
A bit of a late bloomer, the 26-year-old has played only two full seasons at the NHL level, but has excelled in both. In his past 157 games since the beginning of 2014-15, Hoffman has scored 56 goals, leading the Senators in each of the past two regular seasons, while displaying a deadly combination of skill and speed that's desperately needed in Ottawa.
League-wide, only nine players have scored more than Hoffman in five-on-five play in that same time span.
Hoffman was scheduled for an arbitration hearing Aug. 4 after earning $2 million this past season.
