Devils avoid arbitration with Wood on 1-year, $3.2M contract

The New Jersey Devils have signed restricted free-agent forward Miles Wood to a one-year, $3.2-million contract, the team announced Thursday

Wood and the Devils were scheduled for an arbitration hearing Aug. 6 before settling. The 26-year-old will be an unrestricted free agent next summer.

Hip surgery limited Wood to only three games in 2021-22. The Buffalo native has been a quality depth piece for New Jersey when healthy, registering 121 points in 326 career games - highlighted by a 19-goal campaign in 2018.

The Devils' entire NHL roster is under contract for next season now that Wood is signed. New Jersey made a collection of notable moves this offseason, adding Ondrej Palat, Erik Haula, John Marino, and Vitek Vanecek to bolster its roster after missing the playoffs for a fourth consecutive year.