The deal will carry an average annual value of $14 million for Draisaitl, who was entering the final season of his deal at a cap hit of $8.5 million.
The 28-year-old will be the league's highest-paid player once the contract kicks in next summer, taking over ahead of Toronto Maple Leafs centre Auston Matthews, who carries an AAV of $13.25 million on his four-year deal.
This now makes Leon the highest modern day paid NHL player, surpassing Toronto Maple Leafs Auston Matthews.
Another huge point of business for general manager Stan Bowman will be re-signing Evan Bouchard and Connor McDavid in 2025-2026. Although the Oilers will have to navigate an extremely tight salary cap moving forward, having Draisaitl committed to Edmonton for the 8 years is huge for Edmonton.
source: TSN
Oilers sign Draisaitl to eight-year, $112M extension
POLL |
Are you happy Leon is staying? |
Yes | 214 | 90.3 % |
No | 23 | 9.7 % |
List of polls |
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