Coyotes sign top prospect to maximum entry-level deal

What seemed unlikely until the last 24 hours has officially occurred. The Arizona Coyotes signed their top prospect, center Logan Cooley, to his three-year, entry-level deal, according to a team announcement. CapFriendly reports the structure of his ELC, which carries a $950K cap hit, is as follows: a $850K base salary, $95K signing bonus, $1M type "A" performance bonus and $2.5M type "B" performance bonus. This is the maximum financial compensation Cooley is eligible to receive on his ELC.

Reports from PHNX Sports’ Craig Morgan and Sportsnet’s Elliotte Friedman Wednesday suggested an official announcement on Arizona signing Cooley could come Thursday or Friday. The news comes after Cooley said earlier this summer he’d return to the University of Minnesota for another year of college hockey in 2023-24.

Cooley, 19, is not just Arizona’s best center prospect — he’s the team's best prospect overall since selecting star winger Clayton Keller at seventh overall in 2016. Putting up the second-most points of anyone in NCAA hockey last season, Cooley could very well slot in between Keller and Nick Schmaltz and take on first-line duties during his first season in the desert. The product of the Pittsburgh Penguins youth program posted a rather raucous 60 points in 39 games, helping guide Minnesota to the national championship game before conceding to Quinnipiac University in overtime.

As mentioned Wednesday, the Coyotes must be happy with their choice to select Cooley at third overall last year over projected first-overall pick Shane Wright, who fell all the way to the Seattle Kraken at fourth overall. While Wright still projects as a promising talent, he’s no longer in a head-and-shoulders tier above the rest of the 2022 class — in fact, Cooley might be the only player you could make that argument for.

It’s worth noting that Cooley is far from a one-dimensional talent. While he did have some growing pains defensively early on in the collegiate season, he’s shown that his speed can be a factor on the backcheck. He can be caught out of position at times when in the defensive zone, though, something he’ll need to work on with Arizona at the NHL level. That shouldn’t be too much of an issue with head coach Andre Tourigny at the helm, who’s regarded as one of the better development coaches in the league. Unfortunately, Arizona hasn’t had a competitive enough roster during Tourigny’s tenure to showcase his full coaching abilities.

At his peak, Cooley is an electric offense-generating talent who demands attention on the ice, especially when making breaks up the middle through the neutral zone. His ability to catch passes in stride makes him a more-than-ideal complement for a strong playmaking winger.