Projecting Patrick Kane’s 2025 contract

Written in

by

Kane remains a productive top-six winger, despite his age.


Player Overview

Selected first overall in 2007, Patrick Kane emerged as one of the NHL’s top talents, spending parts of 16 seasons with the Chicago Blackhawks. Over that time, Kane won three Stanley Cups (2010, 2013, 2015), the Calder Trophy (2008), the Conn Smythe Trophy (2013), and captured all of the Hart Trophy, Art Ross Trophy, and Ted Lindsay Award in 2016.

With the Blackhawks entering a rebuild a couple of years ago though, Kane was eventually shipped to the New York Rangers at the trade deadline. He underwent a hip resurfacing procedure from there, which kept him out of action to start the 2023-24 season, but ended up signing with the Detroit Red Wings after the start of the season.

In his time with Detroit, Kane has managed to remain a very productive winger, despite his age. In 122 games with the Red Wings across two seasons, Kane has produced at an 82-game rate of 28 goals and 71 points.

Advertisements

While Kane will be turning 37 years old in November, he can still be an effective top-six winger. While it seems there’s still a good chance he could get an extension done in Detroit, there would surely be interest in Kane, if he does hit free agency.


What We Know


Comparables

Below, we examine what Kane’s deal could look like, based on previous contracts for other forwards. For more information on the stats/tables used below, including how the payment rate is calculated, visit the About the Site page. With Kane turning 37 years old in November, the comparables used will generally be forwards who were 35 years old or above at the time of signing. Note: ages listed in the tables below are based on a player’s age by Dec. 31 in the first year of their contract.

1 YEAR

Below is a list of comparables, to help project Kane’s contract. The table uses a system of establishing a cost-per-points basis, using the middle ground between a player’s production over their signing year, and over their career. From there, a comparable player’s cap hit from the first year of their contract is applied to a $95.5M salary cap using the same percentage against the salary cap, and a payment rate can be established based on how much the player was paid compared to their production. Each contract can then project how much Kane can be expected to make, based on the same cost-per-points basis.

Advertisements

Based on his age, another one-year deal may be most likely for Kane. He’s signed back-to-back one-year deals, and the expectation would be that regardless of whether he extends in Detroit, or heads elsewhere, it’s probably going to be a one-year contract, with comparables below.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$95.5M
Cap
Payment
Rate
Kane
Projection
Patrick Kane37202524-67
72GP
31-85
1302GP
28-76
Nick Foligno36202314-36
60GP
16-40
1081GP
15-38$4.00M
1 year
$4.57M
1 year
1.20$9.15M
1 year
Corey Perry38202312-25
81GP
27-58
1257GP
20-42$4.00M
1 year
$4.57M
1 year
1.09$8.27M
1 year
Paul Stastny36202119-42
56GP
22-62
1001GP
21-52$3.75M
1 year
$4.39M
1 year
0.85$6.42M
1 year
Joe Pavelski38202232-86
56GP
30-65
1168GP
31-76$5.50M
1 year
$6.37M
1 year
0.84$6.37M
1 year
Kyle Okposo 35202312-31
78GP
19-49
984GP
16-40$2.50M
1 year
$2.86M
1 year
0.71$5.40M
1 year
Radim Vrbata36201720-56
81GP
23-49
1015GP
22-53$2.50M
1 year
$3.18M
1 year
0.60$4.56M
1 year
Tomas Vanek34201825-57
80GP
30-64
965GP
28-61$3.00M
1 year
$3.60M
1 year
0.59$4.49M
1 year
Patrick Kane36202433-77
50GP
31-86
1230GP
31-82$4.00M
1 year
$4.34M
1 year
0.53$4.02M
1 year
Patrick Kane35202324-64
73GP
31-86
118-GP
28-75$2.75M
1 year
$3.15M
1 year
0.42$3.19M
1 year
Jamie Benn36202516-50
80GP
27-66
1192GP
22-58$1.00M
1 year
$1.00M
1 year
0.17$1.31M
1 year
*Midseason signing – stats from year prior to signing used for signing year stats

Based on the comps, they’d project Kane to be anywhere between $1.3M and $9.15M on a one-year deal.

While Kane’s production points to the fact that he should likely be in line for $4.5M or more (based on seven of the 10 comps projecting a cap hit of at least $4.5M), the two of the bottom projections on the table would still come from Kane’s own recent contracts. As a result, there’s an argument that Kane could end up taking less than a $4.5M cap hit.

Advertisements

Looking at the actual cap hits of the one-year deals signed as well, all contracts other than Joe Pavelski’s one-year deal came with an actual cap hit of $4M or less.

The 2023 Kane contract isn’t a great comp, given he was coming off a big injury, and signed part-way through the season. However, the 2024 contract came in at a more realistic $4M cap hit, and could be a more realistic projection. While Kane’s production slipped a bit from the 2023-24 season, factoring in the rising cap, the 2024 deal would still project Kane right around the same $4M cap hit on his new deal.

One thing to note about Kane’s 2024 contract though is that it also included up to $2.5M in performance bonuses (and Kane ended up securing $1.75M worth of those bonuses). Plus, Jamie Benn’s deal signed this week (which came in at a $1M cap hit), also included $3M worth of performance bonuses.

Advertisements

So there’s certainly a good chance we could see a structure that includes performance bonuses on his upcoming deal.


2 YEARS

There’s also a chance that Kane could get more term on his next deal, with two years likely being he longest contract we could expect.

PlayerAgeFirst Year
of Contract
Signing
Year
G&P/82
Career
G&P/82
Mid
Point
Cap HitOn
$95.5M
Cap
Payment
Rate
Kane
Projection
Patrick Kane37202524-67
72GP
31-85
1302GP
28-76
**Nick Foligno37202417-36
39GP
16-
1120GP
17-40$4.50M
2 years
$4.88M
2 years
1.22$9.27M
2 years
Justin Williams36201725-49
80GP
21-52
1080GP
23-51$4.50M
2 years
$5.73M
2 years
1.12$8.51M
2 years
*Anze Kopitar37202428-74
82GP
25-72
991GP
27-73$7.00M
2 years
$7.60M
2 years
1.04$7.90M
2 years
Mikael Backlund35202419-56
82GP
17-44
908GP
18-50$4.50M
2 years
$4.88M
2 years
0.98$7.45M
2 years
*Sidney Crosby38202542-94
82GP
38-103
1272GP
40-99$8.70M
2 years
$8.70M
2 years
0.88$6.69M
2 years
David Perron36202418-51
76GP
22-56
1131GP
20-54$4.00M
2 years
$4.34M
2 years
0.80$6.08M
2 years
*Mats Zuccarello37202423-70
78GP
20-61
766GP
22-66$4.13M
2 years
$4.48M
2 years
0.68$5.17M
2 years
**Jeff Carter 37202227-59
36GP
30-57
1130GP
29-58$3.13M
2 years
$3.62M
2 years
0.62$4.71M
2 years
*Deal signed one year out – stats from season prior to signing used for signing year stats
**Midseason signing – stats from year prior to signing used for signing year stats

Based on the comps, they’d project a two-year deal for Kane to come in between $4.7M and $9.3M per year.

At the same time, we saw on Kane’s two most recent deals that his deal came in quite a bit lower than projections would suggest. As a result, it may not be realistic to expect a higher cap hit on any possible two-year deal than he could be expected to make on a one-year deal. Plus with Kane now late in his career and already with huge career earnings exceeding $100 million, it’s likely that money wouldn’t be as important as the fit.

Advertisements

So while the lowest projections on the table would have Kane around $5M, it’s possible a two-year deal could come in lower than that, based on what we’ve seen from Kane’s past two contracts.


Projection

The most likely scenario for Kane would be another one-year deal, with a two-year contract as the next most likely option.

TermProjected Cap HitMaximum Cap HitMinimum Cap Hit
1 year$4.00M$5.50M$3.50M
2 years $4.00M$5.00M$3.50M

If Kane does sign a one-year deal, we could also see a contract that factors in performance bonuses. Given Kane had $2.5M worth of potential bonuses last year, and Jamie Benn just recently had $3M worth of bonuses factored into his deal (not to mention Jonathan Toews’ contract, which factored even more money in potential bonuses), it’s possible the bonuses for this contract could be in the same range as last year.

Advertisements

As a result, if bonuses are factored into a one-year deal, the projected contract for Kane would be the same as what he signed for last offseason, with a cap hit of $4M and up to around a $6.5M AAV, based on potential bonuses. Of course though, given the stage of Kane’s career and his career earnings to this point, it wouldn’t be surprising to see him take less money on his contract, if he’s happy with the fit.

Projected
Cap Hit
Projected
AAV
$4.00M$6.50M

Leave a comment