Under this deal, he gets $2.6M. You don't think he signs up for 4 years/9M? To beat the deal he just signed versus the deal I just made up, he has to make more than 3.2M per after 2014. I think he'll manage it, but it's close, and that would certainly mitigate some risk on his part.
No way that if this is Fayne's price that buying out his UFA years should cost $4.7M per like you are suggesting.
I completely disagree. Yes, I suppose the Devils didn't lock him up "long term" with a 4-year deal, etc. But as of right now we have 8 legitimate NHL defensemen signed for the upcoming season. And although I don't think that Fayne was necessarily the Devils best d-man, it's pretty much a best-case-scenario ... two-year contract dollar-wise. If he has a great year in 2013, the Devils will be able to renegotiate a long-term commitment if they so desire. In short, this gives the Devils flexibility on so many levels and is a steal of a deal as far as I'm concerned.