The ink is barely dry on Luke Hughes’ massive seven-year, $63 million contract, and already the New Jersey Devils are feeling the squeeze. While locking up a cornerstone defenseman of Hughes’ caliber is a move any team would make, it has pushed the Devils nearly $4 million over the salary cap. With the season opener just around the corner, general manager Tom Fitzgerald has some difficult decisions to make, and the clock is ticking.
The Short-Term Fixes and Long-Term Headaches
The most immediate and likely solution involves placing Jonathan Kovacevic and his $4 million cap hit, and potentially Stefan Noesen and his $2.75 million, on long-term injury reserve (LTIR). This is a common tactic around the league, and it provides the Devils with the breathing room they need to become cap-compliant for opening night. However, this is just a temporary patch. What happens when these players are healthy and ready to return? That’s when the real cap gymnastics begin, and it could force the Devils’ hand in a way they might not be prepared for.
The Dougie Hamilton Dilemma
This brings us to the elephant in the room: the future of Dougie Hamilton. After a season of swirling trade rumors, Hamilton has publicly stated his desire to stay in New Jersey and win a Stanley Cup. But with his full no-trade clause now a modified 10-team list, the door is slightly ajar for a potential move.
Trading a player of Hamilton’s caliber is never ideal, but with his and Hughes’ identical $9 million cap hits, it’s a move that would solve their cap problems in one fell swoop. The front office has to be weighing the on-ice impact of losing a top-pairing defenseman against the long-term flexibility it would provide. It’s a high-stakes game of chicken, and the outcome will undoubtedly shape the Devils’ competitive window for years to come.
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The post New Jersey Devils’ Salary Cap Crisis: Is a Major Trade the Only Way Out? appeared first on NHL Trade Rumors.
