Columbus Blue Jackets, Jet Greaves avoid arbitration with two-year deal with $812,500 AAV

Columbus Blue Jackets goaltender Jet Greaves
Credit: Kim Klement Neitzel-USA TODAY Sports

The Columbus Blue Jackets have reached a settlement with Jet Greaves, signing the goaltender to a two-year contract with an $812,500 cap hit.

Greaves was a restricted free agent after the conclusion of his three-year, entry-level contract with a $758,333 cap hit. He was eligible for salary arbitration, and had filed for it last week, but the two parties avoid reaching that point of the negotiations by coming to an agreement on Friday.

Greaves will be paid $800,000 in 2024-25 on a two-way contract, and will then be paid $825,000 on a one-way deal in 2025-26.

Greaves receives a raise of just over $50,000 per year, with his new contract obviously having the highest AAV of his career. With this new contract, the Blue Jackets lock him up until he’s 25 years old at 0.97% of the 2024-25 salary cap.

Greaves spent most of his 2023-24 season in the AHL with the Cleveland Monsters, where he had a 30-12-4 record, a .910% save percentage, and 1 shutout in 46 games. He also played 13 playoff games with the Monsters, where he had an 8-5-0 record, a .926% save% and 1 shutout as they were eliminated in seven games in the Eastern Conference Final by the Hershey Bears.

Greaves also got into nine regular season games with the Blue Jackets, where he had a 3-6-0 record, a .908% save% and 5.28 goals saved above expected.

Greaves was an undrafted free agent signing by the Blue Jackets, initially joining the organization in 2021 when he signed an AHL contract with the Monsters. Later on in the 2021-22 season, Greaves impressed the organization, and they signed him to his previous three-year entry-level contract.

The Blue Jackets made a couple of additions this offseason, most notably reuniting star forward Johnny Gaudreau with center Sean Monahan, as well as bringing Jack Johnson back into the organization. They have roughly $17 million in projected salary cap space according to Puck Pedia, with three restricted free agents on their NHL roster still left to sign in Kirill Marchenko, Cole Sillinger and Kent Johnson.

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