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Montvale NJ Native Kyle Palmieri Resigns with NJ Devils

Kyle Palmieri (Rocky W. Widner/NHL/Getty Images)

Kyle Palmieri (Rocky W. Widner/NHL/Getty Images)

 

Montvale, New Jersey native Kyle Palmieri and the New Jersey Devils avoided arbitration on Thursday as they reached an agreement on a five-year deal, worth 23.25 million-dollars.

Palmieri led the Devils with 57 points on the season last year and was tied for the lead in goals with 30. Both totals were career bests for the 25-year-old forward.

The Devils acquired Palmieri in a trade with the Anaheim Ducks, during the 2015 National Hockey League Entry Draft at the BB&T Center in Sunrise, Florida.

In six seasons in the NHL, he has scored 73 goals and 73 assists in 280 games between the Devils and the Ducks. In 33 playoff games he has added seven goals and five assists.

While born in Smithtown, New York he grew up in Montvale and is just the second New Jersey native to skate for the Devils. Brick, New Jersey native, Jim Down was the first.

Palmieri was selected by the Ducks with their first pick, 26th overall in the 2009 NHL Entry Draft. The new contract carries an average annual value of 4.65 million-dollars.

The Devils still have 13 million dollars of salary cap space, with just Reid Boucher as the only free agent left to resign. By reaching the agreement with the team, Palmieri, who was the only Devils restricted free agent to file, was able to avoid arbitration.

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