NHL's Top 10 Worst Contracts: A Season Review

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Sam Jones
July 20, 2024 (11:24)

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The NHL is notorious for its share of regrettable contracts, and this season has been no exception.

As we wrap up another year, it's time to spotlight the top 10 contracts that have teams and fans alike scratching their heads.

Bad contracts are an NHL staple. Players are often paid handsomely to fulfill roles that, in reality, they struggle to justify, especially after changing teams. These transitions, meant to be seamless, often prove challenging, leaving some contracts looking particularly unfavorable. With player dynamics constantly changing, there's always the potential for surprises, yet as of now, several deals raise concerns.

Leading the charge in less-than-stellar contracts, according to Dom Luszczyszyn, are Jonathan Huberdeau, Chandler Stephenson, and Tom Wilson. These players, each with significant cap hits, have failed to meet expectations in various ways.

Despite not being a poor performer per se, Jonathan Huberdeau's contract is a tough pill to swallow. With a cap hit of $10.5 million extending through the 2031-32 season, the expectations were sky-high following his transfer from Florida to Calgary. Unfortunately, Huberdeau has not lived up to the hype, amassing only 107 points during the past two seasons compared to 115 points in his final season with the Panthers. His massive deal is a glaring overcommitment by the Flames, though there remains a glimmer of hope for redemption.

Chandler Stephenson's recent signing with the Seattle Kraken placed him immediately at a disadvantage. His new seven-year deal worth $6.25 million annually is already viewed skeptically. The Kraken banked on him becoming a leading producer, a bet that looks precarious given his past performance and the contract's duration till he turns 37. Such a lengthy commitment to Stephenson carries significant financial risks.

Tom Wilson's recent extension with the Washington Capitals is similarly concerning. His contract, valued at $6.5 million running until the 2030 season, extends until he is 37. Known for his health issues, Wilson managed only 35 points last season. With a substantial part of his contract still ahead, the Capitals might face a tough decision, especially with a potential rebuild on the horizon.

Darnell Nurse's contract deserves mention, coming in ninth on the list. With a cap hit of $9.25 million lasting until the 2028-29 season, and equipped with a no-move clause, Nurse's contract seems particularly burdensome following a disappointing playoff performance. It wouldn't be surprising if the Oilers considered a buyout to free themselves from this financial strain.

While these contracts currently stand out for the wrong reasons, the dynamic nature of the NHL means anything can change. Players have the opportunity to alter their trajectories and, potentially, the narrative around their contracts. For now, however, these contracts remain emblematic of the risks teams take in the pursuit of championship glory.