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Arbitration Breakdown: Miles Wood

Arbitration Breakdown: Miles Wood

The only remaining open team-elected arbitration case is that of New Jersey Devils winger Miles Wood. With his hearing scheduled for August 6, Wood and the Devils have the next two days to agree on a new deal prior to the arbitrator’s hearing beginning.

It’s the third arbitration-related case to be inevitably settled involving the Devils organization this week. The team agreed to terms with both Jesper Bratt and Tyce Thompson earlier in the week before their cases reached arbitration.

Filings

Team: $2.975MM
Player: $3.85MM
Midpoint: $3.4125MM

(via Sportsnet’s Elliotte Friedman)

The Numbers

Ever since the Devils drafted Wood straight out of high school with the 100th overall pick in 2013, he’s exceeded expectations every step of the way. His aggressive brand of hockey has endeared him to Devils fans over the years since making his NHL debut in 2016, and the power forward has shown solid streaks of offensive ability as well. The 2021-22 season was one to completely forget for Wood, though. The 26-year-old played in just three games, limited by a hip injury suffered just before the start of the season. He managed to return for a trio of games in late March and early April before being shut down again, going without a point.

With his health issues, the Devils’ moves in free agency, and the development of their younger players, Wood’s role on the Devils moving forward is less clear. It’s obvious that the team still holds him in high regard, though, as evidenced by their arbitration filing of nearly $3MM. He’ll likely battle players like Andreas Johnsson and Tomas Tatar for ice time in the top nine, but any three of those players would be rather expensive fourth-liners.

When an agreement is reached, don’t expect it to be for more than one season. Wood is eligible for unrestricted free agency next offseason, and with the team’s crowded pool of prospects and forward talent, his long-term future with the team at this point is anyone’s guess.

2021-22 Stats: 3 GP, 0G 0A 0pts, 4 PIMs, 2 shots, 14:46 ATOI
Career Stats: 326 GP, 65G 56A 121pts, 351 PIMs, 706 shots, 13:23 ATOI

Potential Comparables

Comparable contracts are restricted to those signed within restricted free agency which means UFA deals and entry-level pacts are ineligible to be used.  The contracts below fit within those parameters.  

In the past in this series, we’ve only used comparables whose salary figures were compatible with that of the arbitration filings above. In…

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