Breaking: Free agent signs monster $49 million dollar deal.

Another massive deal in free agency.

Share on Facebook

We have another absolutely massive contract in this summer's free agent frenzy.

The Winnipeg Jets have announced that they have come to terms on a new deal with former first round pick and restricted free agent forward Mark Scheifele who is coming off a breakout season, and a gold medal winning performance on the international stage.

It's a massive contract, one that will give Scheifele the max term of 8 years and one that carries a heavy price tag, $49 million total for an average annual value of $6.125 million. The Jets undoubtedly could have committed to a much shorter term, but they obviously believe that having a highly skilled young center like Scheifele to potentially play alongside Patrik Laine, for the long term, is in the team's best interest.

This is once again a decision made possible as a result of the Jets decision not to re-sign former captain Andrew Ladd, which continues to look like one of the better decisions the Jets have made as of late. While this deal is a gamble, if it pays off they buy a whopping four years of unrestricted free agency, and in the long run could look like a bargain for Winnipeg.

This signing will undoubtedly draw comparisons to massive deal signed by former first overall pick Nathan MacKinnon today.