Marcus Johansson and the #caps settled before arbitration, per sources. He gets a three-year, $13.75M deal -- $4.583M AAV.— Chris Johnston (@reporterchris) July 20, 2016
It's an $830,000 raise from his arbitrated salary of $3.75 million a year ago. Johansson and the team were set for an arbitration hearing in Toronto today before the two settled on a deal. Reports surfaced on Monday that the 25-year-old left winger was seeking $5.25 million, while the team had offered $3.85 million.
According to the team, he will earn $4.25 million this year and $4.75 million from 2017-19.
Per General Fanager, the team now has a little more than $3.45 million in cap space, with restricted free agent Dmitry Orlov yet to sign a deal after the team opted to not take him to arbitration.