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Thomas Chabot Signs 8 Year, $64M Extension

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With Chabot locked up, time to breathe again

Ottawa Senators v Minnesota Wild

That breeze you might be feeling in Ottawa is the collective sigh of relief from Senators fans that Thomas Chabot has been extended for a full eight years, and with plenty of time left on his current contract.

The deal carries a cap hit of $8m per year. It starts at $7m in salary for the first two years, dips down to $4m for 2022-23 (the next year there could be a strike or lockout), $8m in 2023-24, $10m for 2024-25 through 2026-27 and back down to $8m in 2027-28. The deal appears to not contain any signing bonuses, but it does include a 10-team no trade list starting in 2024-25.

Chabot stepped into the 1D role last season after the Erik Karlsson trade, putting up 14 goals and 41 assists for 55 points in 70 games while leading the team in ice time per game by nearly two minutes. He led the team in power play time as well, and saw increased usage on the penalty kill in the back half of the season. You can read up on just how good he was, and how good we can expect him to be, in his first-place Top 25 Under 25 write up.

Looking forward to future negotiations, fan’s eyes might naturally move to Brady Tkachuk but we’ll have to wait for that - he isn’t eligible to sign an extension until July 1st.