Acquired in a trade with the Edmonton Oilers for defenseman Adam Larsson on June 29, 2016, Hall has one season remaining on a seven-year, $42 million contract he signed with Edmonton on Aug. 22, 2012. The Devils can re-sign him at any time prior to his becoming an unrestricted free agent July 1, 2020.
"[Shero] is one of the best in the League and treats his players tremendously," Darren Ferris, Hall's agent, said on Sirius/XM Radio on Feb. 7. "I'm a big fan of Ray and the job he's doing. He had a big task going into the organization to put that together again and I think he's done a tremendous job."
Shero and Ferris will likely sit down to begin discussions on a new contract at the end of the season.
"We will definitely talk after the season, and he is a priority," Shero told NHL.com in December. "Our feelings haven't changed about Taylor. He's an incredible addition to our team and franchise. Like I said before, he has come in, bought in and transformed this franchise. This is a faster, younger and more exciting team in part because of Taylor. We made a trade for a player that became the MVP which is only the second time NHL history that has happened (Joe Thornton, San Jose Sharks). I think we have a lot of unfinished business and it's been a great fit for both sides."