The Minnesota Wild just announced that Right Winger Charlie Coyle has signed an extension with the Minnesota Wild. The terms released were 5 years at 16 million dollars for a yearly cap hit of 3.2 million. The extension will start next season, and will ensure, barring a trade, that Charlie Coyle remains in a Minnesota Wild uniform until the 2019-20 season. This deal takes also carries him throughout all of his years under team control, and buys one year of Coyle's Unrestricted Free Agency.
Wild General Manager Chuck Fletcher accomplishes a couple of things with this new extension. First, he has one fewer Restricted Free Agency negotiation to worry about in the offseason. Entering the season, there were 6 Minnesota Wild players slated to become RFAs next offseason, and while the danger that they would leave during that process is minimal (The Wild would be able to match any offer, and GMs are hesitant to submit offer sheets), it eliminates that particular headache this offseason. Coyle joins Wild defenseman Jonas Brodin as pending RFAs that have signed with the Wild (Brodin signed for 6 years, 25 million). Mikael Granlund, Marco Scandella, Erik Haula, and Christian Folin are all still pending RFAs at the end of this season.
This deal also works out with Fletcher's stated goal to stagger the lengths of these young players contracts so their second contracts do not expire at the same time. Coyle's deal won't expire until 2020, and Brodin's won't expire until 2021. Mission accomplished on that front.
Full analysis of this move is coming, so please stay tuned to Hockey Wilderness for further updates.