Projecting Elias Lindholm’s next contract

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Lindholm could enter free agency as one of the top centers available.


Player Overview

Originally selected fifth overall by the Carolina Hurricanes in 2013, Elias Lindholm has cemented himself as a well-rounded, top-six center over the last decade.

After beginning his career in Carolina, Lindholm was dealt to the Calgary Flames as part of a blockbuster deal, which also included Noah Hanifin, Dougie Hamilton and the rights to Adam Fox. In Calgary, not only did he see a major increase in his production, but also established himself as one of the top defensive centers in the NHL. His best year with the Flames came in 2021-22, where he scored 42 goals and 82 points, while also finishing second in Selke Trophy voting.

Lindholm’s numbers did drop back down in 2022-23 though, before a really disappointing offensive year this season. The forward was traded to the Vancouver Canucks ahead of the deadline, but ended up finishing the season with just 15 goals and 44 points in 75 games, split between the two teams. While he did recover for a better postseason, it was still a year where his value took a bit of a hit.

Still, despite being set to turn 30 years old later this year, Lindholm could hit July 1 as one of the top UFA centers. He’d be a great fit as a second-line center on a contender, and while he may not repeat his 2021-22 success, he could bounce back to be good for about 25 goals and 60-65 points per year, along with staying in the Selke Trophy conversation.


What We Know

  • While in Calgary, Lindholm was reportedly seeking a contract carrying a $9 million cap hit, while the Flames were willing to go around the $8 million mark, per The Fourth Period.
  • Elliotte Friedman believed the Canucks were willing to offer in the range of a seven-year deal, carrying a $7M cap hit (per 32 Thoughts).
  • Given the Boston Bruins’ available cap space and need for an upgrade down the middle, Lindholm seems like a natural fit in Boston, if he hits free agency.

Comparables

Below, we take a look at what Lindholm’s deal could look like at different lengths. For more information on the stats/tables used below, including how the payment rate in projections is determined, visit the About the Site page.

With Lindholm turning 30 years old in December, the comparables used will generally be centers who were near his age at the time of signing.

For readers using mobile view, the tables below allow for horizontal scrolling.

7/8 YEARS

An eight-year contract would only be available for Lindholm in the case that he re-signs with Vancouver, with comparables who have signed eight-year deals listed below.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$88M
Cap
Payment
Rate
Projection
Elias Lindholm30202416-48
75GP
22-56
818GP
19-52
**Anze Kopitar29201623-69
43GP
26-73
726GP
25-71$10.00M
8 years
$12.05M
8 years
1.70$8.83M
8 years
**Tomas Hertl29202235-67
59GP
26-54
562GP
31-61$8.14M
8 years
$8.68M
8 years
1.42$7.40M
8 years
*Mika Zibanejad 29202235-73
56GP
27-59
604GP
31-66$8.50M
8 years
$9.07M
8 years
1.37$7.15M
8 years
*Logan Couture30201936-64
78GP
30-62
582GP
33-63$8.00M
8 years
$8.64M
8 years
1.37$7.13M
8 years
*Nathan MacKinnon 28202340-111
65GP
31-83
638GP
36-97$12.60M
8 years
$13.28M
8 years
1.37$7.12M
8 years
*Sean Couturier 30202233-75
45GP
21-52
692GP
27-64$7.75M
8 years
$8.27M
8 years
1.29$6.72M
8 years
*Brayden Schenn29202019-62
72GP
22-52
587GP
21-57$6.50M
8 years
$7.02M
8 years
1.23$6.40M
8 years
**Bo Horvat28202352-90
49GP
27-55
621GP
40-73$8.50M
8 years
$8.96M
8 years
1.23$6.38M
8 years
Ryan Nugent-Hopkins28202125-55
52GP
23-60
656GP
24-58$5.13M
8 years
$5.54M
8 years
0.96$4.97M
8 years
*Deal signed one year out – stats for season prior to signing used for signing year stats
**Deal signed mid-season – stats from partial season prior to signing used for signing year stats

Based on the comparables, taking out the two outliers in Anze Kopitar and Ryan Nugent-Hopkins, the other seven comps would all project that Lindholm comes in somewhere between $6.4M and $7.4M. We also see a group of three deals all in a very defined range, with the contracts for Mika Zibanejad, Logan Couture, and Nathan MacKinnon all projecting an eight-year deal for Lindholm could come in right around $57 million total (around a $7.13M cap hit).

So while other comps would project the center could come in lower on an eight-year deal, he’d have a decent case for being up around the $7M mark.

With the comps for seven-year contracts below, we’d see the maximum term that Lindholm could get if he hits free agency.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$88M
Cap
Payment
Rate
Projection
Elias Lindholm30202416-48
75GP
22-56
818GP
19-52
John Tavares28201837-84
82GP
33-76
669GP
35-80$11.00M
7 years
$12.18M
7 years
1.52$7.91M
7 years
Matt Duchene28201935-79
73GP
26-62
727GP
31-71$8.00M
7 years
$8.64M
7 years
1.22$6.33M
7 years
*Mark Scheifele31202443-69
81GP
31-73
723GP
37-71$8.50M
7 years
$8.50M
7 years
1.20$6.23M
7 years
Vincent Trocheck29202221-52
82GP
22-56
555GP
22-54$5.63M
7 years
$6.01M
7 years
1.11$5.79M
7 years
*J.T. Miller30202333-101
80GP
22-58
637GP
28-80$8.00M
7 years
$8.43M
7 years
1.05$5.48M
7 years
Nazem Kadri32202232-100
71GP
24-57
739GP
28-79$7.00M
7 years
$7.47M
7 years
0.95$4.92M
7 years
*Deal signed one year out – stats for season prior to signing used for signing year stats

That said, these comps actually have Lindholm coming in quite a bit lower. The John Tavares contract is the only deal that even has Lindholm above a $6.5M cap hit on a seven-year deal.

Then while Nazem Kadri’s contract would have carried a lower payment rate, given that 1) He was 32 years old for the first year of the deal and 2) was coming off a huge outlier year, the other four comps would all have Lindholm between roughly $5.5M and $6.3M. Based on production, the most comparable player is actually Vincent Trocheck, projecting a $5.8M cap hit for seven years.

Still, I think we can use the comps for a possible eight-year deal to project that Lindholm would probably still be on the higher end of the projections we see for a seven-year contract. It’s unlikely to think that Lindholm’s cap hit would be any higher on an eight-year deal with Vancouver rather than a seven-year deal elsewhere. As a result, while Lindholm would be unlikely to ever get up to the $7.9M cap hit that the Tavares contract projects, there’s a good chance we still see him above some of the projections for the comps on a seven-year deal, around the $7M mark.

Plus, with Lindholm likely seeking the most money possible (based on the reported contracts that he hasn’t signed in Calgary and Vancouver), you have to imagine he’ll be following the money to an extent on July 1. If Vancouver was willing to go up to $7M on a seven-year deal, we have a gauge on where the market stands for the center.

Again though, if he’s seeking substantially more than a $7M cap hit on a seven or eight-year deal, there really aren’t a ton of comparables to justify it. Of the 15 comps used above for projecting a seven/eight-year deal, only three of them would project Lindholm above a $7.15M cap hit.


6 YEARS

There are also quite a few good comparables for a six-year deal. While it’s likely teams will be willing to offer a longer deal, Lindholm’s production is actually more comparable to many of the players who signed for six years, rather than for seven/eight years.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$88M
Cap
Payment
Rate
Projection
Elias Lindholm30202416-48
75GP
22-56
818GP
19-52
*Ryan Kesler32201620-48
81GP
23-49
736GP
22-49$6.88M
6 years
$8.29M
6 years
1.69$8.80M
6 years
Phillip Danault2820218-37
53GP
12-42
392GP
10-40$5.50M
6 years
$5.94M
6 years
1.49$7.72M
6 years
***Charlie Coyle28202013-37
106GP
15-41
525GP
14-39$5.25M
6 years
$5.67M
6 years
1.45$7.56M
6 years
Brock Nelson28201925-53
82GP
21-41
480GP
23-47$6.00M
6 years
$6.48M
6 years
1.38$7.17M
6 years
*David Krejci29201519-71
80GP
18-62
504GP
19-67$7.25M
6 years
$8.94M
6 years
1.33$6.94M
6 years
*Mikael Backlund29201814-48
58GP
16-41
519GP
15-45$5.35M
6 years
$5.92M
6 years
1.32$6.84M
6 years
Frans Nielsen32201620-53
81GP
16-47
606GP
18-50$5.25M
6 years
$6.33M
6 years
1.27$6.58M
6 years
***Kyle Turris29201828-59
89GP
21-48
544GP
25-54$6.00M
6 years
$6.64M
6 years
1.23$6.40M
6 years
**Jean-Gabriel Pageau28202033-55
60GP
17-35
428GP
25-45$5.00M
6 years
$5.40M
6 years
1.20$6.24M
6 years
*Bryan Little 29201824-60
57GP
22-52
613GP
23-56$5.29M
6 years
$5.86M
6 years
1.05$5.44M
6 years
*Jonathan Marchessault28201835-87
35GP
27-55
157GP
31-71$5.00M
6 years
$5.53M
6 years
0.78$4.05M
6 years
*Deal signed one year out – stats for season prior to signing used for signing year stats
**Deal signed mid-season – stats from partial season prior to signing used for signing year stats.
***Deal signed early into season – stats combined from signing year + year prior for signing year stats

We see outliers in Ryan Kesler at the upper end of the comps, and two outliers in Bryan Little and Jonathan Marchessault on the lower end of comps. Of the eight other comps though, all would have Lindholm between about $6.25M and $7.75M.

A six-year deal could come up in a situation where Lindholm couldn’t get the cap hit he was looking for on a seven/eight-year deal, and a team was willing to offer a higher cap hit for a shorter deal, to minimize risk. At the same time, if Vancouver was already willing to go up to $7M on a seven-year deal, it’s tough to see it being worthwhile for Lindholm to take a six-year deal.

The cap hit would need to be substantially higher on a six-year deal to bring the same total dollars as a seven-year deal. If he didn’t take a $7M x 7 deal, he’d need to be able to secure above an $8 million cap hit on a six-year deal to even just equate to the same $49 million total value. With most comps above only having him hovering around the $7M mark for a six-year deal as well though, it’s unlikely we see this play out.


5 YEARS

A five-year deal is even less likely for Lindholm.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$88M
Cap
Payment
Rate
Projection
Elias Lindholm30202416-48
75GP
22-56
818GP
19-52
David Backes32201622-47
79GP
23-52
727GP
23-50$6.00M
5 years
$7.23M
5 years
1.45$7.52M
5 years
*Adam Henrique29201924-51
81GP
23-47
512GP
24-49$5.85M
5 years
$6.32M
5 years
1.29$6.71M
5 years
Andrew Copp28202224-60
72GP
14-34
483GP
19-47$5.63M
5 years
$6.01M
5 years
1.28$6.65M
5 years
J.T. Compher28202317-52
82GP
17-38
423GP
17-45$5.10M
5 years
$5.37M
5 years
1.19$6.21M
5 years
Ryan Strome29202223-60
74GP
17-47
621GP
20-54$5.00M
5 years
$5.33M
5 years
0.99$5.13M
5 years
*Deal signed one year out – stats for season prior to signing used for signing year stats
**Deal signed mid-season – stats from partial season prior to signing used for signing year stats

That said, there are some comps above with very similar production, who signed around the same age. Still, a five-year contract would mean Lindholm is losing out on a ton of money compared to a seven/eight-year deal, and the comps above really don’t project a higher cap hit based on less term, either. So while there are comps for it, it’s just unrealistic to think Lindholm would pass up on offers at seven and eight years, then end up taking a five-year contract instead (given he’ll almost surely be offered more term from other teams in free agency as well).


1 YEAR

There are very few comps that would suggest Lindholm signs a deal in the range of two, three, or four years. That said, there’s always the possibility he could opt for a one-year contract instead. We’ve seen it become a little more popular in recent years, where a player takes a short deal to play in a situation where they may be able to build up their value, before re-entering the market to cash in with a bigger deal later.

Given Lindholm is coming off a year where his production took a major hit, it’s not completely unrealistic.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$88M
Cap
Payment
Rate
Projection
Elias Lindholm30202416-48
75GP
22-56
818GP
19-52
Wayne Simmonds31201918-31
79GP
24-46
841GP
21-39$5.00M
1 year
$5.40M
1 year
1.38$7.18M
1 year
Taylor Hall 29202020-66
65GP
29-74
627GP
25-70$8.00M
1 year
$8.64M
1 year
1.23$6.40M
1 year
Jason Zucker 31202328-50
78GP
24-44
628GP
26-47$5.30M
1 year
$5.59M
1 year
1.19$6.19M
1 year
Tyler Bertuzzi28202313-49
326GP
23-55
326GP
18-52$5.00M
1 year
$5.27M
1 year
1.01$5.25M
1 year
Vladimir Tarasenko32202321-59
69GP
33-70
675GP
27-65$5.00M
1 year
$5.27M
1 year
0.81$4.21M
1 year

Still, any possible one-year deal would leave Lindholm re-entering the market one year further into his 30s, which isn’t going to help the chances of getting a long-term deal later. It could also draw huge parallels to the nightmare scenario that played out for John Klingberg, where he may have lost out on tens of millions of dollars. Klingberg reportedly turned down a long-term extension with the Dallas Stars, opting instead for a one-year deal, where his value completely tanked in Anaheim.

So while we could always see Lindholm go this route, it would come with substantial risk.


Projection

If Lindholm did receive an offer for eight years from the Flames in the range of between $8M and $9M per year, turning it down means he’s set to lose out on a ton of money.

Given his status as the top free agent center on the market, Lindholm can likely still get a maximum term deal, but his cap hit is much more likely to come in around the $7 million mark that the Canucks were reportedly willing to go to.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
7/8 Years$7.14M$7.50M$6.50M

A five or six-year deal remains unlikely, given comparables would still only have his projected cap hit around the same range as a seven or eight-year deal. As a result, assuming Lindholm gets offers for seven years on July 1, there’s no reason to take a five/six-year deal.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
5/6 Years$7.00M$7.50M$6.50M

One-year deals have become more popular for UFAs over the last few years, and while Lindholm could always do this to build his value after a down year, it would be an extremely risky decision.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
1 Year$7.00M$7.50M$6.50M

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