Devils sign Hischier to 7-year extension with $7.25M AAV
Mike Ehrmann / Getty Images Sport / Getty

The New Jersey Devils have signed 2017 first overall pick Nico Hischier to a seven-year contract extension with an average annual value of $7.25 million, the team announced Friday.

Here's the breakdown of the new pact, according to Sportsnet's Chris Johnston, who adds that it includes a modified no-trade clause in the eligible years.

Hischier is in the final year of his entry-level contract. He joins a list of several prominent players to sign new deals before hitting restricted free agency next summer, which includes Alex DeBrincat, Samuel Girard, Clayton Keller, and Thomas Chabot.

Keller, a fellow forward, offers the best comparison. The Arizona Coyotes winger inked an eight-year extension with a cap hit of $7.15 million.

Hischier finished seventh in Calder Trophy voting in 2017-18 after recording 52 points in 82 games. The 20-year-old center picked up 47 points in 69 games last season while the Devils regressed to the NHL's basement, and he's tallied two assists in six contests during the team's tough start this year.`

The Devils now hold $23.7 million in projected cap space for next season, according to CapFriendly, giving them plenty of room to sign pending UFA Taylor Hall.

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Devils sign Hischier to 7-year extension with $7.25M AAV
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