Spencer Martin

Carolina Hurricanes, Goaltender
Age: 28-348d (Jun 08, 1995)
Exp: 3 Years
Country: CA
Drafted: Round 3 (#63 overall), 2013
2024-25 Cap Hit

$775,000

2024-25 Cash

$775,000

Career Earnings

$4,357,524

2024-2024 Extension (CURRENT)

Spencer Martin signed a 1 year , $775,000 contract with the Carolina Hurricanes, including $775,000 guaranteed, and an average annual salary of $775,000. In 2024-25, Martin will earn a base salary of $775,000, while carrying a cap hit of $775,000.

Contract Terms:
1 yr(s) / $775,000
Average Salary:
$775,000
Signing Bonus:
N/A
Free Agent:
2025 / UFA
Year Age Cap HitAnnual Cap % League Cap Cash Annual Cash Cumulative
2024-25 29 $775,000 0.88% $775,000 $775,000
2025-26 30
UFA
Year Age Base Salary Cap Hit Cap % League Cap
2024-25 29 $775,000 $775,000 0.88%
2025-26 30
UFA
Year Age Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2024-25 29 $775,000 $775,000 $775,000 $775,000 $775,000
Source: NHL contract specifics generally collected from verified reports.

2022-2023 Extension

Spencer Martin signed a 2 year , $1,525,000 contract with the Vancouver Canucks, including $1,525,000 guaranteed, and an average annual salary of $762,500.

Contract Terms:
2 yr(s) / $1,525,000
Average Salary:
$762,500
Signing Bonus:
N/A
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2021-2021 Extension

Spencer Martin signed a 1 year , $800,000 contract with the Tampa Bay Lightning, including $800,000 guaranteed, and an average annual salary of $800,000.

Contract Terms:
1 yr(s) / $800,000
Average Salary:
$800,000
Signing Bonus:
N/A
Spotrac Premium Tools
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2020-2020 Extension

Spencer Martin signed a 1 year , $700,000 contract with the Tampa Bay Lightning, including $700,000 guaranteed, and an average annual salary of $700,000.

Contract Terms:
1 yr(s) / $700,000
Average Salary:
$700,000
Signing Bonus:
N/A
Spotrac Premium Tools
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2019-2019

Spencer Martin signed a 1 year , $700,000 contract with the Tampa Bay Lightning, including $700,000 guaranteed, and an average annual salary of $700,000.

Contract Terms:
1 yr(s) / $700,000
Average Salary:
$700,000
Signing Bonus:
N/A
Free Agent:
2020 / RFA
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2018-2018

Spencer Martin signed a 1 year , $650,000 contract with the Colorado Avalanche, including $650,000 guaranteed, and an average annual salary of $650,000.

Contract Terms:
1 yr(s) / $650,000
Average Salary:
$650,000
Signing Bonus:
N/A
Free Agent:
2019 / UFA
Spotrac Premium Tools
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2014-2017 Rookie

Spencer Martin signed a 3 year , $2,775,000 contract with the Colorado Avalanche, including $277,500 signing bonus, $2,775,000 guaranteed, and an average annual salary of $925,000.

Contract Terms:
3 yr(s) / $2,775,000
Average Salary:
$925,000
Signing Bonus:
$277,500
Free Agent:
2018 / RFA
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Career Earnings thru 2024

$4,357,524

Career Earnings w/ Different Teams

5 teams

Earnings Per Year

Year Age Team(s) Status Cash Total Cash Cumulative Awards
2014 19
Reserve / minor
$92,500
$92,500
2015 20
Reserve / minor
$692,500
$785,000
2016 21
Reserve / minor-buried
$742,500
$1,527,500
2017 22
Reserve / minor-buried
$92,736
$1,620,236
2018 23
Reserve / minor
$650,000
$2,270,236
2019 24
Reserve / minor
$700,000
$2,970,236
2020 25
Reserve / minor-buried
$6,034
$2,976,270
2021 26
Active
$96,000
$3,072,270
2022 27
Reserve / minor-buried
$510,804
$3,583,074
2023 28
Active
Retained
$371,258
$403,192
$3,954,332
$4,357,524
Total      
$5,132,524
$3,954,332
$4,357,524
2024 29
Active
$775,000
$5,132,524
Total
$5,132,524
Year Team(s) Age Base Signing Incentives Cash Total Cash Cumulative
2014
19
$92,500
$92,500
$92,500
2015
20
$600,000
$92,500
$692,500
$785,000
2016
21
$650,000
$92,500
$742,500
$1,527,500
2017
22
$92,736
$92,736
$1,620,236
2018
23
$650,000
$650,000
$2,270,236
2019
24
$700,000
$700,000
$2,970,236
2020
25
$6,034
$6,034
$2,976,270
2021
26
$96,000
$96,000
$3,072,270
2022
27
$510,804
$510,804
$3,583,074
2023
28
$371,258
$403,192
$371,258
$403,192
$3,954,332
$4,357,524
2024
29
$775,000
$775,000
$5,132,524
Total
$4,855,024
$277,500
$5,132,524
$5,132,524

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
5 $1,992,736 $277,500 - $2,270,236
2 $706,034 - - $706,034
2 $606,804 - - $606,804
1 $371,258 - - $371,258
1 $403,192 - - $403,192
  • Mar 16, 2024 Signed a 1 year $775,000 contract extension with Carolina (CAR)
  • Jan 19, 2024 Claimed off waivers by Carolina (CAR)
  • Sep 29, 2023 Claimed off waivers by Columbus (CBJ)
  • Feb 13, 2023 Demoted to the Minors by Vancouver (VAN)
  • Apr 10, 2022 Signed a 2 year $1.525 million contract extension with Vancouver (VAN)
  • Jul 31, 2021 Traded to Vancouver (VAN) from Tampa Bay (TBL) for TBD
  • May 03, 2021 Signed a 1 year $800,000 contract extension with Tampa Bay (TBL)
  • Oct 08, 2020 Signed a 1 year $700,000 contract extension with Tampa Bay (TBL)
  • Jul 01, 2019 Signed a 1 year $700,000 contract with Tampa Bay (TBL)
  • Jul 16, 2018 Signed a 1 year $650,000 contract with Colorado (COL)
  • Oct 17, 2014 Signed a 3 year $2.775 million contract with Colorado (COL)
  • Jun 30, 2013 Drafted by Colorado (COL): Round 3 (#63 overall)
Year Team GP W L SV SO GAA SV%
2023 CAR 19 7 9 472 0 3.30 .889
2022 VAN 29 11 15 723 0 3.99 .871
2021 VAN 6 3 0 207 0 1.75 .950
2020 TB 0 0 0 0 0 0.00 .000
2017 COL 0 0 0 0 0 0.00 .000
2016 COL 3 0 2 83 0 4.36 .865

THE SPOTRAC PODCAST

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2024 MLB Goods, Bads, Values, & Overpays Thus Far

Mike Ginnitti & Dan Soemann discuss the state of MLB from a roster, standings, & financial perspective, including the surprising AL Central, a lost Blue Jays roster, where the San Francisco Giants may be headed, & the potential fall of the Houston Astros reign.

TRANSACTIONS

Mar 16, 2024
Signed a 1 year $775,000 contract extension with Carolina (CAR)
Jan 19, 2024
Claimed off waivers by Carolina (CAR)
Sep 29, 2023
Claimed off waivers by Columbus (CBJ)
Feb 13, 2023
Demoted to the Minors by Vancouver (VAN)
Apr 10, 2022
Signed a 2 year $1.525 million contract extension with Vancouver (VAN)
Jul 31, 2021
Traded to Vancouver (VAN) from Tampa Bay (TBL) for TBD
May 03, 2021
Signed a 1 year $800,000 contract extension with Tampa Bay (TBL)
Oct 08, 2020
Signed a 1 year $700,000 contract extension with Tampa Bay (TBL)
Jul 01, 2019
Signed a 1 year $700,000 contract with Tampa Bay (TBL)
Jul 16, 2018
Signed a 1 year $650,000 contract with Colorado (COL)
Oct 17, 2014
Signed a 3 year $2.775 million contract with Colorado (COL)
Jun 30, 2013
Drafted by Colorado (COL): Round 3 (#63 overall)

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