Saturday, October 4, 2025

How Spencer Knight’s three-year Blackhawks contract alters the NHL goalie market

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Introduction to Spencer Knight’s Contract

Once Spencer Knight’s contract negotiations with the Blackhawks got rolling a few weeks ago, the 24-year-old goalie sat back and reflected on his situation. The sides were discussing a three-year deal, which would lock him in for four more years since his current contract has a year left on it. That seemed perfectly reasonable.

The Trend of Maximum-Term Contracts

However, the recent trend for Knight’s peers — notable goalies in their mid-20s around the NHL — has been maximum-term eight-year contracts. The Bruins’ Jeremy Swayman and the Stars’ Jake Oettinger got them last October. Dustin Wolf just signed one with the Flames on Sept. 9. Even the recent exceptions — Sabres goalie Ukko-Pekka Luukkonen and Ducks goalie Lukas Dostal — signed for five years.

Knight’s Perspective on His Contract

There’s a big difference between four years and nine years from now, which Knight was able to put into perspective just by examining his own life. Nine years ago, in 2016, he was starting his sophomore year of high school at Avon Old Farms School in Connecticut, a world away. Four years ago, in 2021, he was starting his rookie season with the Panthers. And since then, he has experienced a lot: 153 pro starts, a stint in the NHL/NHLPA assistance program, a playoff run, a high-profile trade and more.

The Decision to Sign a Three-Year Extension

Ultimately, the exercise helped him decide a three-year extension made sense. “It’s not a short amount of time,” Knight said. “There’s so much time to change and evolve. I didn’t really see a need to go all the way out and even try to do eight years. Both sides were very comfortable with three. “Obviously, when you get to the third year from now, you make more decisions. But that’s not something I’m even thinking about now. It’s plenty of time for [the Hawks] to really grow and for me to work on my game.”

Impact on the Goalie Market

Knight’s against-the-grain decision could have ripple effects on the goalie market. In the short term, his new salary-cap hit of $5.83 million could influence the negotiations of Filip Gustavsson (Wild), Anthony Stolarz (Maple Leafs) and Stuart Skinner (Oilers), three starting goalies who currently make less than $4 million per year on contracts that expire next summer.

Long-Term Benefits

Further out, Knight, who’ll be an unrestricted free agent in 2029, could benefit from a market scarcity at that point, since his peers who signed eight-year deals won’t hit free agency until much later. “Goalies are interesting, because when [Jets star Connor] Hellebuyck was looking for his contract [in 2023], people were like, ‘He’s already 30,’ ” Knight said. “Well, he’s won two Vezinas and one Hart Trophy since.

Sustainability in the NHL

“A word that I think of a lot when I think about my career is ‘sustainability.’ That’s something I’m looking for. I’m looking to not just peak at 28 or 29, but to sustain this over the course of time.” Knight’s former mentor in Florida, Sergei Bobrovsky, exemplifies sustainability, considering he’s 37 and still dominating the sport. But Knight isn’t seeking to specifically replicate Bobrovsky’s career, either.

Embracing Individuality

Sergei Bobrovsky, former mentor with the Panthers, exemplifies sustainability, considering he’s 37 and still dominating. But Knight isn’t seeking to follow his exact path. “When I was growing up, the big goalies were Carey Price, Bobrovsky in Columbus, and [Andrei] Vasilevskiy was just starting to pick up,” he said. “You look at their games and you try to pick things up. But when I turned pro, I started realizing, ‘I’m my own person.’ “I say this when I look at Connor [Bedard] or Frank [Nazar]. Everyone is comparing their stats to [various] players from four or five years ago [and asking], ‘Are they going to be on the same track?’ I always think, ‘Let Connor be Connor, let Frank be Frank, and I’m just going to be me. Those guys don’t have to be anyone else but themselves.’ It’s a refreshing mindset to have.”

Conclusion

In conclusion, Spencer Knight’s decision to sign a three-year contract extension with the Blackhawks has the potential to alter the NHL goalie market. His unique approach to his career, focusing on sustainability and individuality, may inspire other goalies to reevaluate their own contract negotiations. As the NHL continues to evolve, it will be interesting to see how Knight’s contract affects the market and how he performs in the upcoming seasons.

FAQs

Q: How long is Spencer Knight’s contract extension with the Blackhawks?
A: Spencer Knight’s contract extension with the Blackhawks is for three years.
Q: What is Knight’s new salary-cap hit?
A: Knight’s new salary-cap hit is $5.83 million.
Q: How will Knight’s contract affect the goalie market?
A: Knight’s contract could influence the negotiations of other goalies, such as Filip Gustavsson, Anthony Stolarz, and Stuart Skinner, and may lead to a market scarcity when he becomes an unrestricted free agent in 2029.
Q: What is Knight’s approach to his career?
A: Knight focuses on sustainability and individuality, aiming to sustain his performance over the course of his career and be his own person, rather than comparing himself to others.

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