Minnesota Wild News: Matt Boldy signs long term extension with team
By Jim Lynch
The Minnesota Wild have signed Matt Boldy to a long-term extension keeping him with the Wild for the foreseeable future. Boldy is currently fourth n the team in points, with 29 in the team’s 42 games thus far. He has scored 12 goals and has 17 assists during that time.
Matt Boldy will be the second highest-paid forward on the Minnesota Wild next season.
Next season Boldy will be making seven million a season. His contract runs for the next seven seasons through the 2029-30 season. Considering he is just 21 years old, this contract could be an absolute steal by the time all is said and done.
Matt Boldy was drafted 12 overall by the Wild in 2019. So far in his career, Boldy has played in 89 games putting up 68 points, including 27 goals. This season he is on pace for 23 goals and 57 points. While this might seem like an overpay for a young forward, this is an opportunity for the Wild to bet on a young star they want to keep around for the foreseeable future.
🔏Matt Boldy signs a seven-year, $49 million extension with the @mnwild!
— NHL Network (@NHLNetwork) January 16, 2023
The contract keeps him in Minnesota through the 2029-30 season. #mnwild pic.twitter.com/kdIvGQqZde
The Wild did not need to give Boldy this much money. They are up against the salary cap, as is with Ryan Suter and Zach Parise’s buyout penalty looming over the team. However, in 2025-26 when the buyout penalty drops from almost 15 million to not even 2 million, the Wild will be poised to succeed with a great young forward on a good deal.
Boldy at seven million might be hard to swallow right now, but in the near future, he will look like a steal. He has already been so effective for this team, helping to lead the group back into the postseason. Just watch the highlight of his 12th goal of the season against Anaheim. Boldy steals the puck as the Ducks try and get out of the zone and capitalizes on a wrist shot.
The Minnesota Wild are a team with a lot of salary cap issues. But the way general manager Bill Guerin tried to provide stability with this deal should be applauded. Now the Wild know how much money they have to work with in regards to some of their other free agents this offseason, and the big-name player is not someone they need to worry about any more with Boldy signed.
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