Panthers sign Knight to 3-year extension with reported $4.5M AAV

The Florida Panthers signed goaltender Spencer Knight to a three-year contract extension beginning in 2023-24, the team announced Tuesday.

The deal carries an average annual value of $4.5 million, reports TSN's Pierre LeBrun.

"Spencer is a phenomenal goaltender, as well as an exceptional athlete and person," Panthers general manager Bill Zito said. "He has thrived in his professional career, dedicating himself to his training through his first two seasons with our organization. With this extension, we are excited about the present and future of Panthers goaltending."

Knight, 21, is entering the last season of his entry-level deal. His extension coincides with the final three years of Sergei Bobrovsky's contract, meaning Florida will pay $14.5 million per season for its goaltending duo from 2023-26.

Knight will remain a restricted free agent at the end of the extension, but he can become an unrestricted free agent in 2028.

Selected 13th overall by the Panthers in the 2019 NHL Draft, Knight owns a .909 save percentage in 36 career games across two seasons. He's recorded a .933 save percentage in two postseason contests.

Before turning pro, Knight put together a standout NCAA career at Boston College and helped lead the United States to a gold medal at the 2021 World Junior Championship.