The Toronto Maple Leafs have signed defenseman Jake McCabe to a five-year contract extension with a $4.51 million wage cap hit – $20.5 million.
Bartlett Hockey: “Whereas that’s the present cap hit, the deal is definitely $23.5m over 5 years ($4.7m AAV face worth). There’s some deferred cash to carry down cap whereas rising take house $ and maximizing tax effectivity.”
Puck Pedia: Yearly breakdown of McCabe’s deal.
2025-26: $775,000 wage, and a $5.225 million signing bonus.
2026-27: $1 million wage, $1.5 million signing bonus, and $3 million signing bonus deferred to Yr 6.
2027-28: $1 million wage, $1.3 million signing bonus, $2.5 million signing bonus deferred to Yr 6.
2028-29: $2.6 million wage, and a $1 million signing bonus.
2029-30: $3.6 million.
Chris Johnston: “Jake McCabe’s extension with the #leafs contains some deferred cash, which lowered the cap hit to $4.51M. Honest to say he left some cash on the desk right here.”
Justin Bourne: “McCabe as a UFA woulda bought 5×5 someplace, and is precisely what Leafs want. Has chunk, PKs, skates nicely, hits, and I like his offence greater than most, 8g final yr wasn’t fortunate. Makes some errors however at that $ isn’t paid to be flawless. Now give him a letter.”
Jake McCabe, signed to a 5x$4.5M extension by TOR, is a gradual prime 4 two-way defenceman and penalty killer. #LeafsForever pic.twitter.com/2xuoZRC3Xo
— JFresh (@JFreshHockey) October 28, 2024
Stable deal for Jake McCabe who has been a rock on Toronto’s blue line over the past couple years. pic.twitter.com/aPl2qJjlVs
— dom (@domluszczyszyn) October 28, 2024