The Ottawa Senators have signed forward Mike Hoffman to a four-year contract.
The deal is $3.8 million in 2016-17 and $5.65 million for each of the three seasons to follow. The annual salary cap hit would therefore amount to $5.1875 million, for a total valuation of $20.75 million.
A bit of a late bloomer, the 26-year-old has played only two full seasons at the NHL level, but has excelled in both. In his past 157 games since the beginning of 2014-15, Hoffman has scored 56 goals, leading the Senators in each of the past two regular seasons, while displaying a deadly combination of skill and speed that's desperately needed in Ottawa.
League-wide, only nine players have scored more than Hoffman in five-on-five play in that same time span.
Hoffman was scheduled for an arbitration hearing Aug. 4 after earning $2 million this past season.
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