Johnathan Kovacevic

Against a 3.5% expectation, this deal gave the club $0.65M of room its plan did not expect (where this number comes from) over 3 seasons with a cap on file.

• 2025–26: 4.2% (where this number comes from) of $95.5M (actual cap) · expected 4.2% of $95.5M · gap $0.00M (where this number comes from)
• 2026–27: 3.8% (where this number comes from) of $104.0M (announced cap) · expected 4.0% of $98.8M · gap −$0.21M (where this number comes from)
• 2027–28: 3.5% (where this number comes from) of $113.5M (league projection) · expected 3.9% of $102.3M · gap −$0.44M (where this number comes from)
• 2028–29: at most 3.8% (where this number comes from) of $104.0M (the MOU floor; no cap is projected yet and the real one can only be higher, so it is left off the chart) · expected 3.8% of $105.9M
• 2029–30: at most 3.8% (where this number comes from) of $104.0M (the MOU floor; no cap is projected yet and the real one can only be higher, so it is left off the chart) · expected 3.7% of $109.6M

Flat-cap tax (+) or windfall (−)

−$0.65M (where this number comes from)

Relative to the league

$0.20M (where this number comes from) over 3 seasons: more room lost than the league's deals in force lost (2025-26 league rate -2.7%, n 381; 2026-27 league rate -6.3%, n 589; 2027-28 league rate -12.1%, n 416)

Buyer's-market discount

Not on file (applies only to deals signed in the 2020 and 2021 flat-cap summers)

The same at other expectations

2.5%: −$0.77M · 3.5%: −$0.65M · 4.0%: −$0.58M · 4.8%: −$0.48M

At the league guidance on file when signed

$0.00M (the dated guidance for the seasons it covered, then 3.5%)

Mean share: expected · realised

4.0% · 3.9%

Flat equivalent

Not on file (known once every season of the term has a cap)

Netted

Retention none on file; LTIR and bonus overage Not on file (no allowed source states them per contract)

Regime

Signed in the fast rise (2024-25 to 2027-28) years; runs through fast rise (2024-25 to 2027-28), MOU formula (2028-29 on).

Seasons

1 actual · 1 announced · 1 projected · 2 on the MOU formula (a guess)

Paid

$4.00M (where this number comes from)4.2% of the cap in 2025–26

Worth

$1.00MCap: paid at or above the market

Worth is what standard deals signed at 26 or older pay for production ranked where his projected points rank. It is a market price, not a judgement of the player.

Term

5 seasons, 2025–26 to 2029–30

Signed

2025-03-08 (2024–25: 4.5% of that cap)

At expiry

Not on file (status not on file)

Trade protection

ntc: no-trade clause (no list size given) (from a 2025–26 clause list; 2026–27 terms not separately confirmed)

Retained

None on file

Contract type

standard

Rules it was signed under

2020 MOU: at most 8 seasons with the incumbent club, 7 elsewhere; no season above 20% of the cap in force at signing.

Year-by-year salary and bonuses

Not on file (structure needs a licensed contract source (owner decision pending))

Tier

certified

Sources

• NJD club release (NHL.com)

Quoted

"annual average value of $4,000,000. " (Kovacevic Re-Signs with Devils | RELEASE)

Archive

The current deal, from the live ledger. The archive holds 855 standard contracts; year-by-year structure is unknown on every one.

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