Jake Guentzel's Contract

Jake Allen Guentzel, born on October 6, 1994, is an American professional ice hockey player serving as the left winger for the Carolina Hurricanes in the National Hockey League (NHL). Guentzel’s journey to professional hockey began when he was drafted by the Pittsburgh Penguins in the third round, 77th overall, during the 2013 NHL Entry Draft. Notably, he clinched the Stanley Cup with the Penguins in 2017, marking a significant milestone in his career.

Originally hailing from Omaha, Nebraska, Jake Guentzel spent his formative years in Woodbury, Minnesota. He honed his skills on the ice while attending the Hill-Murray School, where he competed in varsity hockey for two years. Guentzel’s talent and dedication were evident as he contributed to the team's success, notably finishing as the runner-up in the 2012 MN State Hockey Tournament held in Maplewood, Minnesota. Following his high school career, he committed to the University of Nebraska-Omaha to further pursue his hockey aspirations.

During his time with the Omaha Mavericks, he was named to the NCHC Academic All-Conference Team and was also named to the NCHC All-Conference Rookie team. Moreover, he was a finalist for the NCHC Rookie of the Year award. These performances helped Guentzel secure a three-year, entry-level deal worth $2.775 million with the Pittsburgh Penguins before the 2015-16 season.

Jake Guentzel’s Contract Breakdown

How much is Jake Guentzel getting paid?

.Jake Guentzel inked a lucrative deal worth $30 million with the Pittsburgh Penguins in 2018. For the 2023-24 season, Guentzel is slated to receive a base salary of $6 million while maintaining a corresponding cap hit of $6 million.

Previously, Jake Guentzel committed to a three-year, entry-level contract valued at $2,775,000 with the Pittsburgh Penguins on May 23, 2026. That contract carried an cap hit of $734,167.

How much does Jake Guentzel make in a minute?

Jake Guentzel earns approximately $11.41 per minute based on his annual salary with regards to his current contract with the Pittsburgh Penguins.

Jake Guentzel's Career Earnings

Jake Guentzel has total career earnings of $32,202,500 as of April 2024. Throughout his career with the Penguins, he earned total cash of $30,883,112 and he will be earning $1,319,388 from the Carolina Hurricanes.

What are the terms of Jake Guentzel Contract?

Jake Guentzel commands a salary of $6 million with a corresponding cap hit for the 2023-24 NHL season. Moreover, his contract specified that he submits a 12-team no trade list during the 2022-23 season. Nonetheless, he was traded to the Carolina Hurricanes on March 7, 2024. His contract also included a retained salary transaction with the Penguins retaining 25% of his salary.

How much of Jake Guentzel's Contract is guaranteed?

The entirety of Jake Guentzel's contract with the Pittsburgh Penguins is guaranteed, ensuring that he receives the full amount of $30 million over the course of the contract.

Jake Guentzel’s Contract History

Jake Guentzel’s contract history is quite interesting. It all began on June 30, 2013, when he was drafted by the Pittsburgh Penguins in the third round (77th overall) of the 2013 NHL Entry Level Draft. Then, in May 2016, he signed his first contract with the Penguins, which was a three-year, entry-level deal worth $2.775 million. Later, in December 2018, he inked a big contract extension with the Penguins, signing on for five more years with an annual average salary of $6 million. The deal was worth a whopping $30 million.

But things took a turn in March 2024 when he was traded to the Carolina Hurricanes from the Pittsburgh Penguins along with Ty Smith in exchange for Michael Bunting, Ville Ponomaryov and two conditional 2024 draft picks.