Sens, Stützle reach agreement on eight-year extension
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The Ottawa Senators and forward Tim Stützle have agreed to an eight-year contract extension worth $66.8 million, general manager Pierre Dorion announced Wednesday.
The deal carries a cap hit of $8.35 million and carries a 10-team no-trade clause in the final four years, reports TSN Hockey Insider Chris Johnston.
"Reaching a long-term agreement with Tim represents another significant step forward for this organization," Dorion said in a team release. "Tim is a dynamic offensive player who utilizes an exceptional blend of speed and skill to be a consistent difference maker. He's electrifying and has quickly become a fan favourite for good reason."
The 20-year-old winger was selected No. 3 overall in the 2020 NHL Draft and has impressed in his two seasons in Ottawa. After a 29-point rookie season, Stützle tallied 22 goals and 36 assists for 58 points in 79 games in 2020-21.
Stützle was set to become a restricted free agent after the 2022-23 season. He becomes the fifth member of the Senators signed through at least the next five seasons, joining Brady Tkachuk, Thomas Chabot, Josh Norris and Drake Batherson.
This is the latest move in a busy off-season for the Sens, who acquired forward Alex DeBrincat from the Chicago Blackhawks, signed forward Claude Giroux to a three-year contract and traded goaltender Matt Murray to the Toronto Maple Leafs.
The Senators finished last season 33-42-7 for 73 points, good for second last in the Atlantic Division.