Stars Re-sign Seguin to Eight-Year Contract Extension
The Athletic’s Sean Shapiro and NHL.com’s Mark Stepneski report the Dallas Stars have re-signed center Tyler Seguin to an eight-year contract extension worth $78.8 million. The annual average value of $9.85 million.
SPECTOR’S NOTE: Negotiations between Stars management and Seguin’s representatives had reportedly begun in late June but seemingly stalled a couple of weeks ago. It’s believed talks picked up soon after he expressed disappointment over the lack of progress.
Cap Friendly indicates Seguin’s new AAV will make him the highest-paid player on the Stars, sitting just above captain Jamie Benn’s $9.5 million per season. It’s believed this deal is heavily front-loaded and will likely contain full no-trade protection.
Seguin, who’s in the final year of his current contract ($5.75 million AAV) was going to get a hefty raise on his next deal, either from the Stars or another club next summer as an unrestricted free agent. He’s exceeded 70 points in each of the last five seasons, including a career-high 84 points in 2013-14. He also tallied a career-best 40 goals in 2017-18. He wouldn’t have lacked suitors had he hit the open market.
The Stars now have over $55 million invested in 13 players for 2019-20. They’re paying a hefty price to keep Seguin in the fold but that’s the cost of retaining such a consistent scorer. They couldn’t afford to lose one of their best players to free agency next summer, where he likely would’ve commanded well over $10 million per season. His departure would’ve been a significant blow to the Stars’ Stanley Cup aspirations.