Newark, NJ – On Tuesday morning, the New Jersey Devils traded Damon Severson to the Columbus Blue Jackets.
Severson is now part of the second-ever sign and trade in NHL history. The Devils signed Severson to an eight-year, $50 million deal, an average annual value of $6.25 million only to then move him to Columbus. Embedded in Severson’s new contract is $10.8 million in bonuses. Additionally, Severson received a full no-trade clause in the first four years, a 20-team no-trade clause in year five, and a 12-team no-trade clause for the last three years of his new contract.
On Wednesday, New Jersey Hockey Now reported that Columbus called New Jersey with interest in the 28-year-old defenseman. That was before they acquired Ivan Provorov. The right-shot defenseman is now a candidate to play alongside the Russian defenseman. As reported, the acquisition of Provorov did not deter the interest in Severson’s services. Blue Jackets GM Jarmo Kekäläinen acted on that interest and pounced on Severson before he could make it to free agency on July 1st.
Severson spent his whole nine-year career thus far with the Devils. New Jersey drafted Severson in the second round of the 2012 NHL Draft.
In 647 games as a Devil, Severson accrued 58 goals and 205 assists for 263 points. In 16 playoff games, Severson totaled one goal and three points between two postseason stints separated by five seasons.
The former pending unrestricted free agent that is now signed long-term in Columbus netted the Devils a 2023 third-round pick. The pick is originally from the Calgary Flames, later traded to the Seattle Kraken and then eventually the Columbus Blue Jackets.
Now, the Devils own the 80th overall selection of the 2023 NHL Draft.
As a result, any money allocated to Severson can be allocated to the contract negotiations for pending restricted free agents Jesper Bratt and Timo Meier.