Friday, July 29, 2011

Devils Sign Parise: 1 Year, $6M

The New Jersey Devils have re-signed RFA winger Zach Parise to a one year contract extension. According to Bob McKenzie the deal is worth $6M for the 2011-12 season.

As expected the Devils plan to now get Parise signed to a multi-year deal ahead of next July when he can possibly become a UFA.

Tom Gulitti of The Bergen Record reports:
Per CBA, the Devils cannot sign Parise now to a deal beginning in 2012-13 until Jan. 1, 2012.

The Parise deal does not contain a no trade clause because
An RFA can't get a no-trade unless it's for a season in which he would have been a UFA.

We are going to hear a hell of a lot of speculation now until the Devils get Parise signed up long term.
Every single rumor monger will have someone looking to sign him next summer and the Devils trying to trade him before they lose him for nothing. Honestly, I'd be surprised if Parise isn't signed to a deal for at least three years as soon as the CBA allows them to announce a new deal.

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