Wild Sign Koivu to Two-Year Extension

The Minnesota Wild have agreed to terms on a two-year contract extension with forward Mikko Koivu, the club announced Monday.

The deal is worth a reported $11 million.

Koivu is going into the final season of his current seven-year deal worth $47.24 million, so this extension wires the captain in through 2019-2020. The Finnish centre will be 37-years-old when the deal ends, so the $5.5 million average annual value of the contract extension is sensible for Chuck Fletcher and the Wild.

Koivu is the only full-time captain the Wild have had in franchise history, too, so there’s obviously a bit of sentiment in signing their player. This mitigates the risk of age somewhat, plus it helps that Koivu continues to produce.

In 2016-2017, he had 18 goals and 40 assists for 58 points in 80 games. He had 20 points on the power play. He was also a plus-27.

In 2015-2016, Koivu had similar totals but came up with 10 power play goals.

His best career season to date came in 2009-2010 when he put up 71 points in 80 games.

In 50 playoff games with the Wild, Koivu has 24 points.

For Minnesota, he does it all. Koivu ranked fifth last season in faceoff wins, sixth in faceoffs taken and 16th overall in faceoff win percentage with 55.2 percent. He also put together a career-high 65 blocked shots and was worth every bit of consideration he received for the Selke Trophy as the league’s top defensive forward.

Koivu is tops on the Wild’s all-time lists for games played, assists, points, shots on target, power play points, short-handed points, and multi-point games. He’s second all-time in goals, short-handed goals, game-winners, and plus-minus rating. And just for kicks, he’s third all-time in penalty minutes.

The Wild drafted Koivu sixth overall in the first round of the 2001 NHL Entry Draft. Ilya Kovalchuk, Jason Spezza, Alexander Svitov, Stephen Weiss, and Stanislav Chistov went before him, but it’s hard to imagine a better team player out of that draft year.

Published by Dr. Pucksworth

Doctor of Puckanomics.

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