Miles Wood Contract

Last Modified Oct 21, 2024 17:33 GMT
Utah Hockey Club v Colorado Avalanche
Miles Wood. Source: Getty Images

Miles Wood is an American professional ice hockey forward who plays for the Colorado Avalanche in the NHL as of 2024. Born on September 13, 1995, in Buffalo, New York, he grew up in Manchester, Massachusetts. Miles Wood began his hockey journey at a young age and showcased his talent by participating in the 2007 Quebec International Pee-Wee Hockey Tournament. The New Jersey Devils selected Wood in the fourth round of the 2013 NHL Entry Draft while he was playing at the Noble and Greenough School.

After completing his prep school education, Miles played one season at Boston College before signing a three-year entry-level contract with the Devils in 2016. He made his NHL debut shortly after and quickly made a name for himself, scoring his first NHL goal in November 2016. His breakout season came in 2017-18 when he achieved career highs in points and played in his first NHL playoff game. After eight seasons with the Devils, Miles signed a six-year contract with the Colorado Avalanche in July 2023.

Miles Wood's Contract Breakdown

Miles Wood signed a six-year contract with the Colorado Avalanche worth $15 million, ensuring a guaranteed salary. He will earn an average of $2.5 million annually.

YearAgeCap HitAnnual CashCumulative Cash
2023-24$28$2,500,000$3,250,000$3,250,000
2024-25$29$2,500,000$3,250,000$6,500,000
2025-26$30$2,500,000$2,500,000$9,000,000
2026-2731$2,500,000$2,000,000$11,000,000
2027-2832$2,500,000$2,000,000$13,000,000
2028-2933$2,500,000$2,000,000$15,000,000

Miles Wood Salary

For the 2024-2025 season, wood will be making a base salary of $3,250,000, while carrying a cap hit of $2,500,000.His annual income is $2,500,000 under his six-year $15,000,000, as per Sportrac.

How much of Miles Wood’s contract is guaranteed?

His entire $15,000,000 contract is guaranteed with an average annual salary of $2,500,000, as per Sportrac.

What are the terms of Miles Wood’s contract?

He signed a six-year contract with the Colorado Avalanche in 2023 until 2029. He has a six-team no-trade list in his contract, starting from 2024 to 2028, as per Sportrac.

Miles Wood’s Career Earnings

As of 2024, Miles Wood has earned a total of $19,073,375 over his eight-year NHL career, playing for two teams. He began his earnings in 2016 with $698,375. His highest annual earnings came in 2023, with $3,250,000. Wood’s projected total career earnings by the end of 2028 are $30,823,375, as per Sportrac.

Miles Wood Contract History

Miles Wood has signed four contracts during his NHL career, with a cumulative total value of $31,975,000. Wood’s contract details are as follows:

Year(s)TeamContract LengthTotal ValueAverage Annual SalarySigning BonusFree Agent Status
2015-2017New Jersey Devils3 years$2,775,000$925,000$277,500RFA (2018)
2018-2021New Jersey Devils4 years$11,000,000$2,750,000N/ARFA (2022)
2022-2022New Jersey Devils1 year$3,200,000$3,200,000N/AUFA (2023)
2023-2028Colorado Avalanche6 years$15,000,000$2,500,000N/AUFA (2029)

FAQs on Miles Wood

A.  Miles Wood is playing for the Colorado Avalanche as of 2024.

A. Miles Wood's contract with the Colorado Avalanche is six-year long.

A.  Miles Wood's contract is worth $15 million with an average annual salary $2,500,000.

A. Miles Wood scored nine goals in the 2023-2024 season.

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