Wild and Jared Spurgeon agree to 7-year extension

The Minnesota Wild have a new GM in Bill Guerin and he's not wasting any time throwing his stamp on the club's future, as the team has signed offensive defenseman, Jared Spurgeon to a 7-year extension.

The deal is worth $53.025 million, which carries an annual cap hit of $7.575 million per season. This is the largest cap hit in Minnesota Wild history surpassing the numbers for Ryan Suter and Zach Parise.

Spurgeon will likely have a no-move or no-trade clause once all the details are released and the deal will make him exempt from the 2021 expansion draft.

The Edmonton, Alberta native, had a career high 43 points last season and has 248 points in 591 career NHL games.