Jacob Markstrom has signed a two-year, $12 million contract with the New Jersey Devils.

It has an average annual value of $6 million and begins with the 2026-27 season.

The 35-year-old goalie is 2-2-0 with a 5.13 goals-against average and .830 save percentage in four games this season. After being injured in a 3-2 win against the Columbus Blue Jackets on Oct. 13, Markstrom returned for Tuesday's 8-4 loss to the Colorado Avalanche, making 34 saves on 42 shots.

Markstrom was 26-16-6 with a 2.50 goals-against average, .900 save percentage and four shutouts in 49 games for the Devils last season, his first with the team after being acquired in a trade on June 19, 2024.

He is in the final year of a six-year, $36 million contract ($6 million AAV) he signed with the Calgary Flames on Oct. 9,

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