Friday, July 29, 2011

Devils Keep Parise On One-Year Deal

The New Jersey Devils have agreed to terms with Zach Parise on a one-year deal that will avoid his pending arbitration hearing.  Bob McKenzie of TSN tweets that the deal will pay Parise $6 mil next season.

The fact that Parise is signed for next season will be a comfort to Devils fans, but the failure to reach a long-term contract with their franchise player is concerning considering Parise will be eligible for unrestricted free agency next summer.  While this is certainly a setback in terms of the big picture, according to Tom Gulitti of The Record the team has not given up on trying to sign Parise to a long-term deal and prevent him hitting the unrestricted market next year.  Parise cannot sign an extension until after January 1, 2012.

Parise, 26, is coming off a season in which he only played 13 games due to a serious knee injury.  If he can prove that the knee is healthy and return to the form he showed as a 40 goal, 80-90 point player he will find himself with a very rich contract that should pay him amongst the highest salaries in the league.