Cole Caufield

Against a 3.5% expectation, this deal gave the club $2.16M of room its plan did not expect (where this number comes from) over 5 seasons with a cap on file.

• 2023–24: 9.4% (where this number comes from) of $83.5M (actual cap) · expected 9.2% of $85.4M · gap $0.17M (where this number comes from)
• 2024–25: 8.9% (where this number comes from) of $88.0M (actual cap) · expected 8.9% of $88.4M · gap $0.03M (where this number comes from)
• 2025–26: 8.2% (where this number comes from) of $95.5M (actual cap) · expected 8.6% of $91.5M · gap −$0.35M (where this number comes from)
• 2026–27: 7.5% (where this number comes from) of $104.0M (announced cap) · expected 8.3% of $94.7M · gap −$0.77M (where this number comes from)
• 2027–28: 6.9% (where this number comes from) of $113.5M (league projection) · expected 8.0% of $98.0M · gap −$1.24M (where this number comes from)
• 2028–29: at most 7.5% (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 7.7% of $101.4M
• 2029–30: at most 7.5% (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 7.5% of $105.0M
• 2030–31: at most 7.5% (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 7.2% of $108.6M

Flat-cap tax (+) or windfall (−)

−$2.16M (where this number comes from)

Relative to the league

−$1.04M (where this number comes from) over 5 seasons: less room lost than the league's deals in force lost (2023-24 league rate 5.0%, n 137; 2024-25 league rate 1.9%, n 206; 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%: −$3.42M · 3.5%: −$2.16M · 4.0%: −$1.54M · 4.8%: −$0.60M

At the league guidance on file when signed

−$2.47M (the dated guidance for the seasons it covered, then 3.5%)

Mean share: expected · realised

8.6% · 8.2%

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 flat (2020-21 to 2023-24) years; runs through flat (2020-21 to 2023-24), fast rise (2024-25 to 2027-28), MOU formula (2028-29 on).

Seasons

3 actual · 1 announced · 1 projected · 3 on the MOU formula (a guess)

Paid

$7.85M (where this number comes from)9.4% of the cap in 2023–24

Worth

$9.50MCup: paid under 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

8 seasons, 2023–24 to 2030–31

Signed

2023-06-05 (2022–23: 9.5% of that cap)

At expiry

Not on file (status not on file)

Trade protection

modified-ntc: Modified no-trade clause in the final three years of the eight-year deal

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

• NHL.com

Quoted

"average annual value of $7.85 million" (Caufield agrees to 8-year, $62.8 million contract with Canadiens)

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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