New York Rangers Sign Braden Schneider to Entry-Level Contract
The 19th overall pick has been signed to a 3 year entry-level contract.
According to Cap Friendly, the New York Rangers have signed their 19th overall pick from the 2020 NHL Draft, Braden Schneider.
NY #Rangers signed Braden Schneider, the 19th overall selection in the 2020 draft, to a 3 year ELC that starts in 2021-22.
— CapFriendly (@CapFriendly) March 4, 2021
Cap hit: $925,000
AAV: $1,325,000
Breakdown all 3 seasons:
Base: $832,500
SB: $92,500
PB: $400,000 'A'
Minor: $80,000https://t.co/EjafXZ6C5B
The 19 year-old defenseman’s three-year, entry-level contract will begin with the 2021-22 season. The base salary is $832,500 plus a signing bonus of $92,500, with a minor league salary of $80,000, and $400,000 in potential performance bonuses each season. The cap hit is $925,000 with an AAV of $1.325M.
Schneider, who is a member of the Brandon Wheat Kings of the WHL, recorded seven goals and thirty-five assists in the sixty games he played in 2019-20. The WHL season is going to be starting up again, and he’s set to return there as the team’s captain after appearing in two games with the Hartford Wolf Pack. Due to the Rangers being unable to sign Schneider by the end of 2020, his contract was ineligible to slide a year. Schneider is likely to be a member of the Wolf Pack next season, and he’s a player the organization is very high on.
Jeff Gorton explains why the Rangers traded up to draft Braden Schneider:
— Rangers Videos (@SNYRangers) October 7, 2020
"If you watched the playoffs this year, you saw a lot of players like him that had success." pic.twitter.com/d3TNNN3hIv
The Wheat Kings are scheduled to open their season on March 12 vs. the Moose Jaw Warriors, and they will play in 24 games between then and April 28.
