From the Grand Forks Herald.....

http://www.grandforks.com/mld/grandforks/sports/8308613.htm



Parise was a first-round draft pick of the Devils last summer, the 17th
player chosen overall.

He'll sign a three-year contract, which includes this season. A source close
to the Devils said Parise's contract includes a $1 million signing bonus for
this season and two more years at $1 million a season.

"It wasn't all money," Parise said. "It just seemed like the right time to
do it."

If he's assigned to New Jersey's top farm team in the American Hockey
League, his contract would be worth $80,000 a year.

Al

-----Original Message-----
From: - Hockey-L - The College Hockey Discussion List
[mailto:[log in to unmask]]On Behalf Of John Edwards
Sent: Tuesday, March 30, 2004 11:48 AM
To: [log in to unmask]
Subject: Re: Zach Parise Inks a Deal with the Devil(s)


On Tuesday, March 30, 2004, at 10:11  AM, Bob Griebel wrote:
> Pamela Sweeney wrote:
>
>> How would it work if [Parise] had a contract that paid him the same
>> salary in either the minors or the NHL?
>
> Which brings another question to mind.  When I've seen contracts
> explained in detail, they've been those that pay considerably less for
> days spent gaining experience with the minor league affiliate than for
> days spent with the big boys.  Anyone know whether that's "standard" or
> does it depend on how badly they want you?

It depends on how badly they want you, and where they think you'll end
up.

Generally, teams try to get as many players as possible signed to
"two-way"
contracts (those that pay less if you go to the AHL) rather than a
"one-way"
contract (pays the same no matter where you play). Players, of course,
would much rather get a one-way contract.

John