The Rangers have signed 2020 first round pick Braden Schneider to a three year entry level contract. The contract comes with a cap hit of $925,000, but with $400,000 in bonuses. This brings his “real” cap hit up to $1.325 million. As we’ve learned this year, those bonuses matter.
The #NYR signed '20 19th pick Braden Schneider to 3 year Entry Level Deal starting 21-22. Prev signed AHL deal.
Signing Bonus: $92.5K
"A" Perf Bonuses: $400K
Cap Hit $925K
— PuckPedia (@PuckPedia) March 4, 2021
Schneider hasn’t had much action yet in the 2020-2021 season due to COVID, but the Rangers remain high on him. He had a strong showing at the 2021 World Juniors, putting up 1-2-3 in six games. He also looked good in his two game stint in Hartford, picking up an assist.
Braden Schneider’s contract doesn’t kick in until the 2021-2022 season. It is worth noting that the ELC contract age is 20 years old, as Schneider turns 20 in September. Thus, his contract will not slide if he goes back to the WHL next season.