The New Jersey Devils announced today that the team has agreed to terms with defenseman Johnathan Kovacevic on a five-year contract worth $20,000,000 with an annual average value of $4,000,000. The contract breakdown is as follows: 2025-26: $5,250,000; 2026-27: $4,750,000; 2027-28: $3,700,000; 2028-29: $3,150,000 & 2029-30: $3,150,000. Kovacevic was due to be an unrestricted free agent on July 1, 2025. The announcement was made by President/General Manager Tom Fitzgerald.
