Projecting Jordan Spence’s Contract Negotiations

Senators defenseman Jordan Spence is in his first year with the team and has proven himself to be a worthwhile gamble after Ottawa acquired him last summer from the Kings in exchange for a 2025 third-round pick – 67th overall – and a 2026 sixth-round pick. He has become an absolute steal for the Senators, as Spence has continued his strong possession game and is headed toward a career-high in points.

That’s not bad for a 25-year-old right-shot defenseman who still has plenty of upside. That being said, Spence is a restricted free agent this summer. After counting just $1.5MM against the cap this year, he is headed for a healthy raise.

The talk about Spence when he joined the Senators was that he was sheltered in Los Angeles. This year in Ottawa has been much the same story. Spence has mostly played third-pairing minutes but is averaging a career-high ice time of 18:02 per night, with well over 20 minutes a game in the Senators’ last ten games. That said, Spence still starts 70% of his shifts in the offensive zone, which indicates very favorable usage.

The challenging part for the Senators in the negotiations is that Spence will want to be paid like a top-four defenseman, and all indications suggest he should develop into one fairly quickly. However, if you’re Ottawa, you’d prefer to see him log significant top-four minutes before paying him a salary that reflects that role. That’s the risk for the Senators, but with fellow defenseman Nick Jensen done for the regular season and unlikely to return this summer, Ottawa might get a decent opportunity to assess Spence’s abilities while he plays on the second defensive pairing.

As was previously mentioned, the Senators have been relying on Spence more than usual lately, and he has been up to the challenge with five points in his last five games. But offensive capabilities aren’t really the concern when it comes to Spence, and if you look at the data from last year and this year, Spence has been outstanding.

Last year with Los Angeles, Spence led all Kings defenders in goal share and expected goal share, and he surprisingly led the entire league in expected goals against per 60. This season, it’s been more of the same as Spence leads the Senators in expected goals percentage, and he has posted the Senators’ top three results for defensive pairings with all three of his defense partners this season (Thomas Chabot, Jake Sanderson, and Tyler Kleven).

Some will criticize Spence for being prone to turnovers, say he needs to be sheltered because he’s not strong in his own zone, or point to the healthy scratches at the start of this season. However, since those scratches, Spence has been as reliable as they come, and defensively, he’s excellent at puck retrieval and moving the puck out of the zone. It’s also not Spence’s fault that head coach Travis Green is using his skill set more in the offensive zone.

So, who are some of Spence’s comparables? That’s where it gets tricky, given how unique the situation is with Spence and the ever-increasing NHL salary cap. A potential comparable for Spence could be former teammate Sean Durzi, who is now with the Utah Mammoth. Durzi signed a four-year, $24MM contract extension back in 2024 when he was 25 years old, but that $6MM AAV is likely too high for Spence, even though it’s a two-year-old contract.

Durzi is a better offensive player than Spence, had a longer track record of NHL success at the time he signed, and played top-four minutes consistently. Given all of that, it’s likely that Spence signs for less than Durzi if he opts for a medium-length deal.

A more recent comparable, though also on the higher end compared to Spence, is J.J. Moser of the Tampa Bay Lightning. Moser has just signed an eight-year deal worth $54MM that comes on the heels of a career-best year this season. He is another two-way defenseman who posts excellent underlying numbers and had a 60% expected goals share at the time of signing, ranking third in the entire NHL. The main difference between Spence and Moser is that Moser has a proven track record of playing in the top four, which suggests Spence is unlikely to reach the $6.75MM AAV that Moser received.

If talk of a salary in the $6MM range for a player who has mostly played third pairing throughout his career seems excessive, that’s because it probably is. Nonetheless, as the salary cap rises, so do player salaries, and $6MM is considered high; however, projections for Spence are not far from that figure. AFP Analytics predicts a four-year extension for Spence this summer with an AAV of $4.94MM. In the short term, they’ve projected a one-year deal at $1.7MM, but given that former Senators defenseman Jacob Bernard-Docker recently signed a two-year deal at $1.6MM annually, that estimate might be outdated.

If the Senators sign Spence to a multi-year deal worth $5 million annually, there will surely be sticker shock across the league, but considering Spence is only 25, has significant upside, shows solid two-way metrics, and is just two years away from becoming a UFA, the amount isn’t unreasonable given the current inflated salary cap.