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Auston Matthews contract details are finally revealed

Published August 24, 2023 at 9:24

Yesterday, Auston Matthews set the internet and the hockey world on fire by signing a 4 year 13.25-million-dollar contract extension. The deal ensures that he's a member of the Maple Leafs for the foreseeable future, but how is the contract structured?

According to Chris Johnston of TSN, Matthews's new contract will be paid almost entirely in signing bonuses. 50 of 53 million will be paid out in bonuses to be exact; take a look.

The Auston Matthews extension will be paid almost entirely in signing bonuses with nearly $50M of the $53M contract coming that way.

That includes a $15.925M bonus payment when the contract officially kicks in next July.

This includes a 15.925 signing bonus when his deal kicks in starting next July, the biggest bonus in NHL history. This does a couple of different things, it means Matthews pays less taxes on his money and should the Leafs decide to move on from Matthews at any point (they won't) because the deal is front loaded with most of the money in bonus and not in salary, it'll be a little easier to do so.

Not only does this deal set the market for the next crop of free agents, but and this will make a lot of people groan, Matthews is absolutely worth the money he got. Not only does he have the most goals of any player since he entered the league in 2016-17 with 299 (that's two more than Ovechkin) but he plays a premium position and he blocks shots like no other forward. Not to mention, Matthews had 85 points and 40 goes while admitting he played the entire year with a wrist injury. He's worth the money.
August 24   |   151 answers
Auston Matthews contract details are finally revealed

Do you think Matthews is worth his new cap hit?

Yes5838.4 %
No7348.3 %
Not a chance2013.2 %
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