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NHL·TRANSACTION·September 22, 2026 01:27 PM ET

Sam Steel signs four-year extension at $3.7M cap hit

Final two years carry no trade protection

Wire Report IntelligenceUpdated Sep 221 min read
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The #TexasHockey signed 28 y/o F Sam Steel to a four year $3.7M cap hit contract extension Yr 1-2 $4M Salary Yr 3 $3.5M

What happened: The deal for the 28-year-old forward runs through 2030-31. Salary pays $4 million in the first two years, then $3.5 million and $3.3 million. A six-team no-trade clause applies to the current season plus the first two years.

Why it matters: The structure buys cost certainty up front while lowering cash in the back half. Leaving the final two years without protection preserves roster flexibility as he plays into his early 30s.

By the numbers: Cap hit: $3.7M x 4; Salary by year: $4M, $4M, $3.5M, $3.3M; NTC: 6-team current season + Years 1-2, none in Years 3-4

What to watch: The new terms begin next season. Watch his deployment and special-teams usage entering 2025-26.

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