The Carolina Hurricanes have signed forward Seth Jarvis to an eight-year, $63.2 million contract, with $29.24 million in signing bonuses. The deal, announced by General Manager Eric Tulsky, is notable for its use of deferred payments, reducing the annual cap hit to $7.5 million. Jarvis, 22, had a breakout 2023-24 season, scoring 33 goals and totaling 67 points, and is seen as a cornerstone player for the franchise. The innovative contract structure could set a precedent for future deals in the league. Jarvis was the last remaining restricted free agent for the Hurricanes, who now have their lineup ready for the 2024-2025 season.