Skip to Main Content

Senators' Jason Spezza agrees to $49 million, 7-year contract extension @NHLdotcom

OTTAWA (AP) -Senators center Jason Spezza agreed to a $49 million, seven-year contract extension Friday that allowed Ottawa to lock up the final member of its potent first line.

The 24-year-old would have been a restricted free agent after this season but now will be with the team through 2014-15. He joins Daniel Alfredsson, who is signed through 2011-12, and Dany Heatley, who agreed to a $45-million, six-year extension through 2013-14 last month, as franchise cornerstones.

"Jason Spezza is a great example of what the future holds for the Ottawa Senators and our fans," owner Eugene Melnyk said in a statement. "Without question, Jason belongs here in Ottawa and he continues to be an integral part of our organization's long-term plans."

Spezza's contract is split between $33 million in salary and $16 million in signing bonuses paid out over the first five years of the deal. In total, Spezza will earn $8 million in each of the first five seasons of the agreement, $5 million in 2013-14 and $4 million in 2014-15.

His average annual salary of $7 million will count against the salary cap. Spezza is earning $5 million this season.

"This is a good situation for Jason," his agent, Rick Curran, said Friday. "This is where he wants to be and that's always the best deal for a player."

Spezza has a goal and 12 assists in 10 games this season, helping Ottawa to a 10-1-0 start. He sat out Thursday night's 6-4 win over the Atlanta Thrashers with a groin injury and is listed as day to day.

View More

The NHL has updated its Privacy Policy effective January 16, 2020. We encourage you to review it carefully.

The NHL uses cookies, web beacons, and other similar technologies. By using NHL websites or other online services, you consent to the practices described in our Privacy Policy and Terms of Service, including our Cookie Policy.