New Jersey Devils sign Barrett Hayton to a one-year contract worth $4.775 million after using the offer-sheet route. Multiple outlets report that the Devils make the significant move by matching or initiating the one-year deal, completing the process for the upcoming season. The reporting also notes that Utah would have received compensation if the team did not match. Specifically, one source states that Utah would have received the Devils’ 2027 second-round draft pick as compensation in the event that the offer sheet was not matched.
The details in the articles focus on the size and structure of the contract—one year at $4.775 million—and the league mechanism tied to offer sheets and matching rights, including the draft-pick compensation referenced for this case. Across sources, the Devils’ action is described as a major summer development, with Hayton’s contract terms and the potential compensation item presented as the central points.