Thatcher Demko Contract

Last Modified Oct 23, 2024 11:21 GMT
2024 NHL Awards Red Carpet
2024 NHL Awards Red Carpet

Thatcher Douglas Demko is an American professional ice hockey goaltender playing for the Vancouver Canucks in the National Hockey League (NHL). Born on December 8, 1995, he was selected 36th overall by the Canucks in the 2014 NHL Entry Draft. Before the NHL, Demko honed his hockey skills in the United States Hockey League in the 2011-12 season and later went to the U.S. National Development Team where he secured a silver medal at the 2012 World U17 Hockey Challenge. Demko advanced to college hockey, playing for the Boston College Eagles between 2013 and 2016, where he won the Mike Richter Award, presented to the most outstanding goaltender in NCAA Division for the 2015-16 season.

He made his NHL debut on March 31, 2018, against the Columbus Blue Jackets and instantly made an impact in the league. However, it was until a year before he earned a full-time backup position for Demko. The subsequent years have seen exhibit remarkable performances, earning accolades such as the NHL Third Star of the Month and an NHL All-Star selection in 2022 and 2024.

Also Read: Thatcher Demko Injury History

Thatcher Demko’s Contract Breakdown

YearAgeCap HitAnnual Cap %League CapAnnual Cash
Cumulative Cash
2021-22$26$5,000,0006.14%$2,500,000$2,500,000$2,500,000
2022-2327$5,000,0006.06%$4,500,000$4,500,000$7,000,000
2023-2428$5,000,0005.99%$7,000,000$7,000,000$14,000,000
2024-2529$5,000,0005.68%$6,000,000$6,000,000$20,000,000
2025-2630$5,000,0005.68%$5,000,000$5,000,000$25,000,000

How much is Thatcher Demko getting paid?

Thatcher Demko will earn a base salary of $6,000,000 while carrying a cap hit of $5,000,000 for the 2023-2024 season. He is currently under a five-year $25,000,000 contract with the Vancouver Canucks and his cap hit stands at $5,000,000 as per Sportrac.

Thatcher Demko's Career Earnings

As of 2024, Oliver Bjorkstrand's career earnings total $29,095,922. Under his current contract, which spans from 2021 to 2026, he is projected to earn an additional $11,000,000, bringing his forecasted career earnings to approximately $40,095,922 by the end of the contract term as per Sportrac.

What are the terms of Thatcher Demko’s Contract?

Thatcher Demko signed a five-year contract with the Vancouver Canucks on Mar. 31, 2021, and there are no terms in his contract, meaning the Canucks can trade him to any other team in the NHL as per Sportrac.

How much of Thatcher Demko’s contract is guaranteed?

Thatcher Demko is under a five-year, $25 million contract with the Vancouver Canucks and his cap hit stands at $5,000,000. Moreover, Demko’s entire contract is guaranteed which provides him with financial security throughout the contract as per Sportrac.

Thatcher Demko’s Contract History

Thatcher Demko has signed a total of three contracts in his NHL career. He initially signed an entry-level deal with the Canucks spanning three years from 2016 to 2018, amounting to $8,825,000 with a signing bonus of $277,500 and an average salary of $2,941,667. Subsequently, in 2019, he secured a 2-year contract worth $2,100,000, featuring an average salary of $1,050,000. Thatcher Demko's current contract solidifies his commitment to the Vancouver Canucks, as he inked a lucrative 5-year deal worth $25,000,000 in 2021. The accumulated value of all his contracts stands at $35,925,000 as per Sportrac.

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FAQ's On Thatcher Demko Contract

A. Thatcher Demko has 116 wins as of 2023-2024 season.

A. Thatcher Demko is set to make a total salary of $7,000,000 including $1,000,000 as signing bonus and $6,000,000 as base salary for the 2023-24 season. 

 A. Thatcher Demko is currently under a five-year, $25,000,000 contract with the Vancouver Canucks, and his cap hit is set at $5,000,000.

 A. Thatcher Demko was drafted 36th overall by the Vancouver Canucks in the 2014 NHL Entry Draft.

A. Thatcher Demko is playing for the Vancouver canucks as of 2024

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