Projecting Aaron Ekblad’s next contract

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After 11 seasons in Florida, Ekblad could find a new home this summer.


Player Overview

Selected first overall in 2014, Aaron Ekblad has been a key part of the Panthers’ blue line for a decade. He holds the franchise record for most career points by a defenseman, and is second in franchise history in games played (trailing Aleksander Barkov by 72 games).

After winning the Calder Trophy in his rookie season, Ekblad emerged as a long-term, top-pairing defender for the team. He’s been a consistent producer of offense, can be tough to play against in his own end, and played a big role in helping the Panthers capture their back-to-back Stanley Cups.

However, Ekblad has also dealt with a lot of injury trouble lately. Over the last four yeas in particular, Ekblad has only played in 218 of Florida’s 328 regular season games (73 percent). With the injury history and Ekblad approaching 30 years old, it could be a cause for concern in regards to any team looking to sign the defender this offseason.

But when available, Ekblad can be a solid, top-pairing defender who can do a bit of everything. He’s one of the top free agent defensemen available this summer, and would likely to see a lot of interest.

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What We Know


Comparables

Below, we predict what Ekblad’s deal could look like at different lengths. For more information on the stats/tables used below, visit the About the Site page. With Ekblad now 29 years old, comparables were generally kept to defensemen who were between 27 and 31 years old by Dec. 31 of the first year of their contract. Note: ages listed in the tables represent their age by Dec. 31 in the first year of their contract, and each player’s cap hit has been adjusted to a $95.5M cap hit, shown in the far right of the table.

8 YEARS

Ekblad would only be eligible for an eight-year contract if he extends in Florida, with comps below.

PlayerAgeFirst Year
of Contract
Signing
Year P/82
Career
P/82
TOI
Season
Career
TOI
ContractOn $95.5M
Cap
Aaron Ekblad29202448
56GP
43
732GP
23:3122:53
Erik Karlsson29201970
53GP
68
680GP
24:4925:51$11.50M
8 years
$13.48M
8 years
*Seth Jones28202241
56GP
40
580GP
25:1523:03$9.50M
8 years
$11.00M
8 years
*Darnell Nurse27202253
56GP
32
406GP
25:3822:18$9.25M
8 years
$10.71M
8 years
*Victor Hedman27201749
23GP
40
470GP
23:0422:11$7.88M
8 years
$10.03M
8 years
*Oliver Ekman-Larsson28201942
82GP
41
576GP
23:4123:39$8.25M
8 years
$9.67M
8 years
John Carlson28201868
82GP
45
608GP
24:4723:00$8.00M
8 years
$9.61M
8 years
**Jakob Chychrun27202554
65GP
40
533GP
20:5621:16$9.00M
8 years
$9.00M
8 years
**Morgan Rielly28202251
63GP
44
580GP
23:4321:53$7.50M
8 years
$8.68M
8 years
*Marc-Edouard Vlasic31201831
75GP
26
812GP
21:1422:01$7.00M
8 years
$8.41M
8 years
**Noah Hanifin27202447
77GP
34
675GP
23:3720:29$7.35M
8 years
$7.98M
8 years
Filip Hronek27202449
81GP
43
390GP
23:2622:32$7.25M
8 years
$7.87M
8 years
*Cam Fowler27201840
80GP
36
494GP
24:5122:48$6.50M
8 years
$7.81M
8 years
*Colton Parayko29202231
32GP
34
418GP
21:2021:43$6.50M
8 years
$7.52M
8 years
**Hampus Lindholm28202230
61GP
31
589GP
22:3222:11$6.50M
8 years
$7.52M
8 years
*Ryan Ellis28201960
44GP
36
396GP
23:3119:36$6.25M
8 years
$7.32M
8 years
*MacKenzie Weeger29202345
80GP
32
306GP
23:2219:33$6.25M
8 years
$7.15M
8 years
*Travis Sanheim27202332
80GP
28
335GP
22:5820:18$6.25M
8 years
$7.15M
8 years
Damon Severson29202333
81GP
33
647GP
19:5721:11$6.25M
8 years
$7.15M
8 years
*Ryan Pulock28202225
56GP
35
290GP
22:2721:03$6.15M
8 years
$7.12M
8 years
Adam Pelech27202121
56GP
20
303GP
21:0319:16$5.75M
8 years
$6.74M
8 years
**Gustav Forsling28202442
63GP
33
397GP
21:4820:27$5.75M
8 years
$6.24M
8 years
*Deal signed one year out – stats from the year before signing used for signing year stats.
**Deal signed mid-season – Points/82 pace prior to signing are used for signing year stats.

Based on the comps, Ekblad would have better numbers in every category than the defenders at the bottom of the table, from MacKenzie Weegar and below. So we can be confident he’d be above $7.15M in value (Weegar’s adjusted cap hit). Then even comparing Ekblad to most of the comps just above that (below an $8M adjusted cap hit), he also had higher numbers than Hampus Lindholm and Colton Parayko, and better production than Cam Fowler, along with very similar career ice time (but did have lower signing year ice time). Then even against Noah Hanifin, Ekblad had very similar signing year stats, but higher career numbers.

Filip Hronek ($7.9M adjusted cap hit) would be a great comp as well, with the defenders having extremely similar numbers in all categories.

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That said, looking at the comps at the top of the table, Ekblad compares decently against the likes of Seth Jones, Darnell Nurse, Victor Hedman, and Oliver Ekman-Larsson, who all had contracts at an adjusted cap hit of $9.65M or above.

Of course, it’s unlikely that Ekblad ends up reaching that mark, but it does point to the fact that his value could be quite high on a maximum-term deal. While he’s lower than John Carlson in every category, he does also compare better against Jakob Chychrun, who just signed a deal at a $9M cap hit.

Ekblad was also higher than Marc-Edouard Vlasic ($8.4M adjusted cap hit) in every category, and one of the better statistical comparisons would be Morgan Rielly ($8.7M adjusted cap hit). Ekblad had similar production to Rielly and very similar signing year ice time, along with higher career ice time. So there’s certainly an argument that Ekblad’s value on an eight-year deal could be $8M or more, and potentially as high as $8.5M per year.

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However, it’s also important to factor in that if Ekblad signs an eight-year deal, it likely means taking a discount to stay in Florida. As noted above, the Panthers are only really in a position to keep Ekblad if he takes a deal below market value. So we can expect that if Ekblad did sign an eight-year deal, it’s coming in below the $8M mark.

Perhaps a more realistic range would be the actual cap hits that Hronek, Hanifin and Rielly signed for, between $7.25M and $7.5M. The $7.5M mark would represent the same cap hit as the defender’s current deal, and while his value is likely higher based on the comps above, we likely wouldn’t see any kind of a raise if he did extend in Florida.


7 YEARS

If Ekblad does hit free agency, we can expect that a seven-year deal would be most likely, with comparables below.

PlayerAgeFirst Year
of Contract
Signing
Year P/82
Career
P/82
TOI
Season
Career
TOI
ContractOn $95.5M
Cap
Aaron Ekblad29202548
56GP
43
732GP
23:3122:53
Dougie Hamilton28202163
55GP
46
607GP
22:4320:27$9.00M
7 years
$10.55M
7 years
Alex Pietrangelo30202061
70GP
49
758GP
24:1124:38$8.80M
7 years
$10.31M
7 years
*Jared Spurgeon31202043
82GP
35
591GP
24:0922:21$7.58M
7 years
$8.88M
7 years
*Ryan McDonagh30201938
63GP
37
530GP
23:2023:30$6.75M
7 years
$7.91M
7 years
**Devon Toews30202452
81GP
48
315GP
25:0623:01$7.25M
7 years
$7.87M
7 years
Brandon Montour30202441
66GP
40
520GP
23:2721:04$7.14M
7 years
$7.75M
7 years
*Justin Faulk28201935
82GP
38
559GP
22:2523:16$6.50M
7 years
$7.62M
7 years
Torey Krug29202066
61GP
66
61GP
20:2920:19$6.50M
7 years
$7.62M
7 years
Brady Skjei 30202448
80GP
33
609GP
21:1720:38$7.00M
7 years
$7.60M
7 years
**Shea Theodore30202576
53GP
51
503GP
22:0521:24$7.43M
7 years
$7.43M
7 years
*Jonas Brodin28202133
69GP
22
555GP
21:3321:50$6.00M
7 years
$7.03M
7 years
*Deal signed one-year out – stats from the year before signing used for signing year stats.
**Deal signed early into season – stats from that year before signing, as well as previous year are combined for Signing Year stats

***Deal signed mid-season – stats from season before signing used for signing year stats

While Ekblad wouldn’t compare well against the top defenders on the table in Dougie Hamilton and Alex Pietrangelo, he’d also be well above Jonas Brodin at the bottom of the table in every category. So we can expect his expected range would fall somewhere between Shea Theodore’s $7.43M cap hit, and Jared Spurgeon’s $8.88M adjusted cap hit.

On the lower end of the table, Ekblad had lower production than Torey Krug and Shea Theodore, but higher ice time. Then with Brady Skjei, Ekblad was higher in every category, aside from the same signing year production pace.

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Some of the better comps on the table would be Jared Spurgeon, Ryan McDonagh, Brandon Montour, and Justin Faulk. Spurgeon did have higher signing year ice time, but Ekblad would have higher numbers in every other category (though Spurgeon’s adjusted cap hit does represent an outlier, compared to the other three defenders).

Comparing Ekblad to Faulk ($7.6M adjusted cap hit), he had higher numbers in all categories aside from slightly lower career ice time. Compared to his former teammate in Brandon Montour ($7.75M adjusted cap hit), Ekblad had slightly higher production, and nearly identical signing year ice time, along with higher career ice time. Then against Ryan McDonagh ($7.9M adjusted cap hit), Ekblad had slightly higher numbers in all categories, aside from slightly lower career ice time.

As a result, we can likely expect Ekblad’s value to be slightly above the likes of Faulk, Montour and McDonagh, who had adjusted cap hits in the range of $7.6M to $7.9M. While it’s unlikely that Ekblad could get as high as Spurgeon’s $8.9M adjusted cap hit, there’s a strong chance he’d be able to hit $8M per year.

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6 YEARS

A six-year deal is unlikely for Ekblad, and would probably only be seen if he couldn’t get a maximum-term contract in free agency. While his injury history could be a cause for concern for teams when it comes to giving a contract with a seven-year term, Ekblad’s stats align much more closely to defenders who signed for seven or eight years, compared to those who signed six-year deals, seen below.

PlayerAgeFirst Year
of Contract
Signing
Year P/82
Career
P/82
TOI
Season
Career
TOI
ContractOn $95.5M
Cap
Aaron Ekblad29202548
56GP
43
732GP
23:3122:53
**Neal Pionk30202546
69GP
39
536GP
22:0421:47$7.00M
6 years
$7.00M
6 years
*Nate Schmidt28201939
84GP
24
284GP
22:1418:08$5.95M
6 years
$6.97M
6 years
Matt Roy29202421
81GP
24
369GP
20:5419:28$5.75M
6 years
$6.24M
6 years
Brett Pesce30202415
70GP
26
627GP
20:1721:05$5.50M
6 years
$5.97M
6 years
**Marcus Pettersson29202530
49GP
25
493GP
22:0918:50$5.50M
6 years
$5.50M
6 years
Nikita Zadorov29202422
75GP
19
642GP
17:2618:05$5.00M
6 years
$5.43M
6 years
Ryan Graves28202327
78GP
27
302GP
19:5718:59$4.50M
6 years
$5.15M
6 years
*Deal signed early into season – stats from that year before signing, as well as previous year are combined for Signing Year stats
**Deal signed mid-season – stats from season before signing used for signing year stats

Based on the comps, Ekblad had higher numbers in every single category than every defender listed. Neal Pionk is the highest comp at just a $7M cap hit, but again, Ekblad’s numbers would set him up for an even higher cap hit.

As a result, in the unlikely scenario where he signed for six years, we can expect his cap hit would be similar to the projections seen for seven and eight-year deals above.

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Projection

Even despite his injury history, Ekblad is likely to get quite a bit of interest in free agency. He’s served as a top-pairing defender in Florida’s back-to-back Stanley Cup wins, and Ekblad could be one of the top free agent defenders available.

While comps would point to Ekblad’s value being around $8M per year or above on an eight-year deal, he almost certainly wouldn’t get this much if he extends with the Panthers. If he did extend with the team, he may not only need to take a pay cut from what he could make in free agency, but reports would suggest he’d even need to take a pay cut from his current $7.5M cap hit.

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If Ekblad hits free agency, a seven-year deal would be the most likely scenario, based on the comps outlined above. If the defender signs elsewhere, we could see him hit the $8M mark, or a bit above.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
8 years $7.25M$8.50M$7.00M
7 years $8.00M$8.75M$7.50M

As the same time, teams may be cautious of giving Ekblad a maximum-term deal, based on his injury history. If he couldn’t get a seven-year deal in free agency, a six-year contract would be the next most likely scenario, likely around the same cap hit as what’s been projected for a seven-year deal.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
6 years $8.00M$8.50M$7.00M
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