Devils sign Markstrom to 2-year, $12M extension

DENVER , CO - OCTOBER 28: Jacob Markstrom (25) of the New Jersey Devils prepares to put his helmet back on after it was knocked off when Nathan MacKinnon (29) of the Colorado Avalanche shot on net during the first period at Ball Arena on Tuesday, October 28, 2025.
AAron Ontiveroz / Denver Post / Getty

The New Jersey Devils signed goaltender Jacob Markstrom to a two-year contract extension with a $6-million cap hit, the team announced Friday.

Markstrom went 26-16-6 and posted a .900 save percentage in his first campaign with the Devils last season. He was named to Sweden's roster at the 4 Nations Face-Off but was unable to compete due to injury.

The 35-year-old sports an .830 SV% through four starts this year. He allowed eight goals on 42 shots in a 8-4 loss against the Colorado Avalanche on Tuesday after missing six games due to a lower-body injury.

Markstrom is in the final season of a six-year pact signed in 2020 with the Calgary Flames that carries a $6-million cap hit.

The Devils acquired Markstrom from the Flames in June 2024 for defenseman Kevin Bahl and a first-round pick. Calgary retained $1.825 million of Markstrom's cap hit in the transaction.

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