Skip to content

Blockbuster: Minnesota wins Zach Parise and Ryan Suter sweepstakes — for $196 million

Jul 4, 2012, 12:35 PM EDT

parise_suter_ghetty

The Minnesota Wild have officially won free agency.

That’s the big news on this July 4 holiday as the Wild announced they’ve landed both of this year’s prize UFAs — former Nashville Predators defenseman Ryan Suter and former New Jersey Devils captain Zach Parise.

The deals cost Minnesota a fortune. ESPN’s Pierre LeBrun reports the pair got matching 13-year, $98 million contracts, meaning both will have an average annual cap hit of $7.54 million.

And yes, the Wild just dropped $196 million dollars.

This will go down as one of, if not the, biggest days in franchise history. The Wild instantly become a Western Conference contender and may have shifted the landscape in terms of free agent philosophy — in a market where heavy hitters like Chicago, Detroit and Pittsburgh were all angling for Suter and Parise’s services, a team that’s missed the playoffs four straight years (and never been considered a big spender) reeled in the two biggest fish.

Notes

– Turns out Lou Nanne was right all along.

According to Josh Cooper of The Tennessean, Nashville’s offer to retain Suter was 13 years, $90 million.

TSN’s Darren Dreger says Wild players are “ecstatic” about the signings. Dany Heatley has reportedly been in contact with both Parise and Suter. “Both asked: can we win,” Dreger tweeted.  “Answer: yes.”

– Based on annual cap hit, Parise and Suter are now the NHL’s seventh and eighth highest-paid players. Only Alex Ovechkin, Evgeni Malkin, Sidney Crosby, Eric Staal, Rich Nash and Vincent Lecavalier average more per year.

– Next season, the Wild will have $35.2 million (roughly half of the $70.2 salary cap) committed to five players — Parise, Suter, Heatley, Mikko Koivu and Niklas Backstrom.

Latest Posts
  1. Hitchcock knows how Quenneville felt as Blues take their own tough losses

    Apr 24, 2014, 1:59 AM EDT

    St Louis Blues v Nashville Predators Getty Images

    The Blackhawks gave the Blues a taste of their own medicine.

  2. Kane’s OT goal ties Blackhawks – Blues series at 2-2

    Apr 24, 2014, 12:52 AM EDT

    Ryan Miller, Andrew Shaw, Alex Pietrangelo AP

    Another memorable moment for the American star.

  3. Stars chase Andersen, tie series with Ducks 2-2

    Apr 23, 2014, 10:50 PM EDT

    Anaheim Ducks v Dallas Stars - Game Four Getty Images

    Just a nightmarish evening for Anaheim.

  4. Penguins blow three-goal lead, Columbus evens series

    Apr 23, 2014, 10:12 PM EDT

    Lee Stempniak, David Savard Lee Stempniak, David Savard

    Pittsburgh once again can’t hold a team to less than three goals.

  5. NHL suspends Matt Cooke for seven games

    Apr 23, 2014, 9:11 PM EDT

    Cooke

    He was punished for a knee-on-knee hit to Colorado’s Tyson Barrie.

  6. Video: Adams sparks Penguins run with shorthanded goal

    Apr 23, 2014, 8:03 PM EDT

    Adams goal

    But Pittsburgh’s lead is far from secure.

  7. Ducks’ Getzlaf (upper body) isn’t available for Game 4 (Updated)

    Apr 23, 2014, 7:47 PM EDT

    Ryan Getzlaf, Kari Lehtonen, Erik Cole, Kevin Connauton AP

    He was second in the regular season scoring race.

  8. WATCH LIVE: Anaheim Ducks at Dallas Stars (Game 4)

    Apr 23, 2014, 6:46 PM EDT

    Ryan Garbutt, Cody Eakin AP

    The game will start at 8:00 p.m. ET.

  9. WATCH LIVE: Pittsburgh Penguins at Columbus Blue Jackets (Game 4)

    Apr 23, 2014, 6:17 PM EDT

    Artem Anisimov, Kris Letang AP

    Neither team has done a good job of playing with the lead.

  10. Mason has ‘no expectations’ of starting Game 4 for Flyers

    Apr 23, 2014, 5:39 PM EDT

    Philadelphia Flyers v Florida Panthers Getty Images

    He made his series debut in the late stages of Game 3.

Featured video

Chances Blue Jackets bounce back?
Top 10 NHL Player Searches
  1. D. Backes (3065)
  2. T. Oshie (2481)
  3. M. Duchene (2410)
  4. B. Bishop (2177)
  5. S. Mason (2136)