Swayman is set to take the reins as the Bruins’ starter for the forseeable future.
Player Overview
Over the last three seasons, Jeremy Swayman has solidified himself as one of the most consistent goalies in the NHL. Posting between a .914 and .920 save percentage across his three full NHL seasons, Swayman, along with Linus Ullmark, have provided the Bruins with perhaps the NHL’s best goaltending tandem.
However, with Ullmark being dealt to Ottawa earlier in the offseason, the stage is set for Swayman to take over as the team’s true starter. While Joonas Korpisalo can take on some of the workload as well, the expectation is that Swayman will get a far larger role in the coming years, likely pushing over the 50-game mark for the first time in his career.
While he has yet to take on a really large role in a single season, the Bruins have a goalie in Swayman who could potentially be the team’s long-term starter, for the majority of the next decade.
What We Know
- With Linus Ullmark traded to Ottawa, Swayman is expected to take on a larger workload next season.
- Swayman elected not to file for salary arbitration this year.
Comparables
With Swayman turning 26 years old in November, we’ll take a look at goalies who were between 24 and 28 years old in the first year of their contract (by Dec. 31) and posted similar numbers before signing, to get a sense of what Swayman’s deal could look like.
7/8 YEARS
Maximum-term contracts for goalies have become fairly rare. If Swayman was to sign a seven or eight-year deal though, the two notable comparables who signed around the same age are Andrei Vasilevskiy and John Gibson.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| *Andrei Vasilevskiy | 26 | 2020 | 925 53GP | 65% | 919 208GP | $9.50M 8 years | $10.26M 8 years |
| *John Gibson | 26 | 2019 | 926 60GP | 73% | 923 178GP | $6.40M 8 years | $6.91M 8 years |
The issue with projecting this length of deal is that the comparables in Vasilevskiy and Gibson have very similar numbers, but drastically different cap hits on their respective eight-year contracts. As a result, it’s very difficult to determine how Swayman’s value aligns against the comparables.
If we split the difference between the Vasilevskiy and Gibson adjusted cap hits, the middle ground would be right around $8.5M. So if the numbers that Vasilevskiy and Gibson posted equate to roughly an $8.5M cap hit in terms of value, we know Swayman would be much lower.
While his career save percentage is very comparable, he had a much lower signing-year save percentage, a lower percentage of games played in his signing year, and less career experience. As a result, rather than his value being around $8M, he’s likely a lot closer to the $7M mark. With so few comps around Swayman’s age for seven or eight-year deals, it’s difficult to get any closer in terms of a projection, but somewhere roughly around $7M would be the likely landing spot for Swayman’s cap hit on a seven or eight-year deal.
6 YEARS
A six-year deal is another possibility for Swayman’s contract, with comps below.
| Player | Age at first year of deal | First Year Of Deal | SV% in Signing Year | % of Games Started in Signing Year | SV% over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| Connor Hellebuyck | 25 | 2018 | 924 67GP | 82% | 917 149GP | $6.17M 6 years | $6.83M 6 years |
| **Jordan Binnington | 28 | 2021 | 908 19GP | – | 915 102GP | $6.00M 6 years | $6.48M 6 years |
| Martin Jones | 28 | 2018 | 912 65GP | 79% | 916 164GP | $5.75M 6 years | $6.36M 6 years |
Of the comps though, we know Swayman’s stats are better than those of both Binnington and Jones. At the same time, he also had a much lower percentage of games played in his signing year than Jones did. So while Swayman’s numbers are quite a bit better, his value may not be drastically higher than Jones’ $6.35M adjusted cap hit.
Meanwhile, his numbers actually don’t look quite as strong against Connor Hellebuyck. With a lower signing year save percentage and a much lower percentage of games played in his signing year, Swayman’s cap hit would be below Hellebuyck’s $6.83M.
As a result, we get a pretty defined range of what we could expect for Swayman on a six-year deal, likely around the $6.5M mark.
5 YEARS
A five-year deal is another option, which would set up Swayman to re-enter the market at almost 31 years old.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| Braden Holtby | 26 | 2015 | 923 73GP | 89% | 921 178GP | $6.10M 5 years | $7.52M 5 years |
| Frederik Andersen | 26 | 2016 | 919 43GP | 52% | 918 125GP | $5.00M 5 years | $6.03M 5 years |
| *Elvis Merzlikins | 28 | 2021 | 916 28GP | 50% | 920 61GP | $5.40M 5 years | $5.83M 5 years |
| Tristan Jarry | 28 | 2023 | 909 47GP | 57% | 914 206GP | $5.38M 5 years | $5.67M 5 years |
| **Thatcher Demko | 26 | 2021 | 917 25GP | – | 911 62GP | $5.00M 5 years | $5.40M 5 years |
**Midseason signing – stats from games played in season before signing used for signing year stats
Based on the comps, we can also get a pretty defined sense of what Swayman could make at this length of deal.
His deal should come in quite a ways below Braden Holtby’s $7.5M adjusted cap hit, based on lower save percentage both in his signing year and over his career, as well as fewer career games played and a much lower percentage of games played in his signing year.
After that though, Swayman’s value is likely above any other comp on the list. His numbers were well above Tristan Jarry, while he had much more experience than Thatcher Demko, as well as a much higher career save percentage.
Two of the most interesting comps are Elvis Merzlikins ($5.8M adjusted cap hit) and Frederik Andersen ($6M adjusted cap hit). His numbers were identical to Merzlikin’s at the time of signing, while also having played a very similar number of games in his signing year. However, the key difference is that Swayman has over twice the career experience of Merzlikins, so we can say pretty definitively that Swayman would come in above that $5.8M mark.
Then comparing him to Andersen, Swayman had the slightly better career save percentage, but Andersen had the slightly better signing year save percentage. Meanwhile, the goalies played a very similar percentage of their team’s games in their signing year. Swayman had about 20 more games of experience when compared to Andersen, but while Swayman may come in a touch above Andersen’s $6M adjusted cap hit, the deal represents a very good look at what Swayman could make on a five-year deal, likely just slightly north of $6M.
4 YEARS
Four years is also one of the more likely possible lengths for Swayman’s contract.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| *Sergei Bobrovsky | 27 | 2015 | 914 29GP | – | 918 208GP | $7.43M 4 years | $9.16M 4 years |
| Matt Murray | 26 | 2020 | 899 38GP | 54% | 914 199GP | $6.25M 4 years | $6.75M 4 years |
| Igor Shesterkin | 26 | 2021 | 932 35GP | 63% | 921 47GP | $5.67M 4 years | $6.12M 4 years |
| Juuse Saros | 26 | 2021 | 927 36GP | 64% | 920 155GP | $5.00M 4 years | $5.40M 4 years |
| Linus Ullmark | 28 | 2021 | 917 20GP | 36% | 912 117GP | $5.00M 4 years | $5.40M 4 years |
| Jake Allen | 27 | 2017 | 920 47GP | 57% | 915 99GP | $4.35M 4 years | $5.10M 4 years |
At the same time, it’s somewhat tough to pinpoint the goalie’s value on a four-year deal. Comparing his numbers to some of the highest comps in Bobrovsky and Murray, Swayman’s numbers look better. However, lower down the table, Swayman’s stats actually don’t compare as well against goalies at a lower cap hit, in Igor Shesterkin and Juuse Saros. As a result, finding a defined range is a little difficult.
A decent comp would be Swayman’s former tandem partner, Linus Ullmark. That said, with a much higher percentage of games played in his signing year, as well as a much higher career save percentage, and more career experience, we know Swayman would be a little ways above Ullmark’s $5.4M adjusted cap hit. So while it’s a little tougher to get more precise with a projection for a four-year deal, the most likely cap hit scenario would be somewhere up around the $6M mark.
3 YEARS
At three years, we’d verge into unlikely territory for Swayman’s deal, based on a shorter length of contract than expected.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| *Cal Petersen | 28 | 2022 | 911 35GP | 63% | 916 54GP | $5.00M 3 years | $5.33M 3 years |
| Ville Husso | 27 | 2022 | 919 40GP | 49% | 912 57GP | $4.75M 3 years | $5.07M 3 years |
| Ilya Sorokin | 26 | 2021 | 918 22GP | 39% | 918 22GP | $4.00M 3 years | $4.32M 3 years |
| Jacob Markstrom | 27 | 2017 | 915 33GP | 40% | 904 83GP | $3.67M 3 years | $4.31M 3 years |
| Jake Oettinger | 24 | 2022 | 914 48GP | 59% | 913 77GP | $4.00M 3 years | $4.27M 3 years |
| Filip Gustavsson | 25 | 2023 | 931 39GP | 48% | 920 66GP | $3.75M 3 years | $3.95M 3 years |
| Tristan Jarry | 25 | 2020 | 921 33GP | 47% | 914 62GP | $3.50M 3 years | $3.78M 3 years |
| Chris Driedger | 27 | 2021 | 927 23GP | 41% | 929 38GP | $3.50M 3 years | $3.78M 3 years |
| Philipp Grubauer | 27 | 2018 | 923 35GP | 43% | 923 101GP | $3.33M 3 years | $3.69M 3 years |
| Alexander Georgiev | 26 | 2022 | 898 33GP | 40% | 908 129GP | $3.40M 3 years | $3.63M 3 years |
| Vitek Vanecek | 26 | 2022 | 908 42GP | 51% | 908 79GP | $3.40M 3 years | $3.63M 3 years |
Comparing him to all goalies listed above who took three-year deals, Swayman’s numbers are either definitively better than any goalie listed, or he has a much higher number of career games played. Even comparing him to the two goalies listed who have an adjusted cap hit at $5M+ (Cal Petersen and Ville Husso), and Swayman’s numbers look significantly better.
As a result, in the unlikely scenario that Swayman did end up on a three-year deal, it’s likely to end up a little ways above Petersen’s $5.33M adjusted cap hit.
2 YEARS
Two years would be another unlikely term for Swayman’s deal, with comparables below.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| Adin Hill | 27 | 2023 | 915 27GP | 33% | 910 101GP | $4.90M 2 years | $5.16M 2 years |
| Jontathan Bernier | 27 | 2015 | 912 58GP | 71% | 916 175GP | $4.13M 2 years | $5.09M 2 years |
| Petr Mrazek | 24 | 2016 | 921 54GP | 66% | 920 94GP | $4.00M 2 years | $4.82M 2 years |
| Jordan Binnington | 26 | 2019 | 927 32GP | 39% | 926 33GP | $4.40M 2 years | $4.75M 2 years |
| Elvis Merzlikins | 26 | 2020 | 923 33GP | 47% | 923 33GP | $4.00M 2 years | $4.32M 2 years |
Once again, Swayman’s numbers look better than those of both Hill and Bernier, at the top of the table. While Mrazek, Binnington and Merzlikins all had great numbers, they really lacked in terms of career experience.
Adin Hill likely did see a bit of an inflated cap hit after his Stanley Cup win in Vegas, which could mean Swayman’s deal may not be drastically higher, while Bernier had a much higher percentage of games played in his signing year. Still though, we can pretty comfortably say that Swayman’s deal would come in well above the $5M mark, based on his numbers being quite a bit better than both Hill and Bernier.
1 YEAR
Coming off a one-year deal, it’s unlikely that Swayman takes another. Especially after not filing for arbitration, a one-year contract may be the most unlikely contract length possible.
| Player | Age at first year of deal | First Year Of Deal | SV%/GP in Signing Year | % of Games Played in Signing Year | SV%/GP over Career | Contract | Adjusted to $88M cap |
| Jeremy Swayman | 26 | 2024 | 916 44GP | 54% | 920 144GP | ||
| Robin Lehner | 28 | 2019 | 930 46GP | 56% | 918 265GP | $5.00M 1 year | $5.40M 1 year |
| Ilya Samsonov | 26 | 2023 | 919 42GP | 51% | 908 131GP | $3.55M 1 year | $3.74M 1 year |
| Jeremy Swayman | 25 | 2023 | 920 37GP | 45% | 920 88GP | $3.48M 1 year | $3.67M 1 year |
That said, in the case he did opt for another one-year contract, it’s likely to come in higher than his $3.5M deal this season.
Ilya Samsonov ($3.75M adjusted cap hit) had a fairly comparable signing year, percentage of games played, and career experience, but his career numbers were drastically lower than Swayman’s stats. At the same time though, Robin Lehner had more career experience, and a much higher signing year save percentage, which points to the fact Swayman’s value would be lower than Lehner’s $5.4M adjusted cap hit.
With Swayman somewhere in between those two numbers on a one-year deal, his value would likely be somewhere around the $4.5M range. Again though, it’s a really unlikely outcome.
Projection
A deal between four and six years may be most likely for Swayman’s contract, at varying cap hits.
| Term | Projected Cap hit | Maximum Cap Hit | Minimum Cap Hit |
| 6 years | $6.50M | $7.00M | $6.00M |
| 5 years | $6.20M | $6.50M | $6.00M |
| 4 years | $6.00M | $6.50M | $5.50M |
If Swayman did end up with a seven or eight-year contract, it would likely come in around the $7M mark.
| Term | Projected Cap hit | Maximum Cap Hit | Minimum Cap Hit |
| 7/8 years | $7.00M | $7.50M | $6.50M |
A deal between one and three years would be the least likely outcome for Swayman’s contract.
| Term | Projected Cap hit | Maximum Cap Hit | Minimum Cap Hit |
| 3 years | $5.75M | $6.00M | $5.50M |
| 2 years | $5.50M | $6.00M | $5.00M |
| 1 year | $4.50M | $5.25M | $4.00M |
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