The New Jersey Devils agreed to a $25-million, six-year deal with restricted free agent Damon Severson, the team announced Monday.
"We are happy to have Damon under contract through the 2022-23 season," said general manager Ray Shero. "Damon brings an important dimension to our hockey club and he is a young defenseman that we are excited to work with. This deal shows our ownership's commitment in what we continue to build here. We look forward to helping Damon continue to grow and develop as a player."
The deal does not include a no-trade clause, reports TSN's Bob McKenzie.
Severson, a second-round pick at the 2012 NHL Draft, led all Devils defensemen with 31 points last season (three goals, 28 assists), averaging 20:21 of ice time in 80 games.
This new deal makes him the team's second-highest-paid defenseman behind captain Andy Greene.
The contract breaks down by season as 2017-18: $2,500,000; 2018-19: $3,000,000; 2019-20: $4,675,000; 2020-21: $4,675,000; 2021-22: $5,050,000; 2022-23: $5,100,000.
The Devils now have all their free agents signed, leaving the team with $10.367 million in projected cap space, per Cap Friendly. Some of that could be used on Jimmy Hayes or Tim Erixon, both of whom will be at training camp on professional tryouts.
