Draisaitl's upcoming contract extension: A potential win for both parties

PUBLICATION

Sam Jones
July 26, 2024 (5:50 PM)

SHARE THIS STORY

In a recent update that's set the Edmonton Oilers fanbase abuzz, insider Jim Matheson has shed light on what could be a pivotal moment for both Leon Draisaitl and the team.

According to Matheson, Draisaitl's next contract with the Oilers could see the star forward earning around $13.5 million annually.

"If Oilers offer to Draisaitl starts with a 13, this deal is getting done, and maybe soon. I suspect he'll sign for about $13.5m a year," Matheson stated, painting a picture of negotiations that are nearing a fruitful resolution.

This development aligns with earlier predictions by Bob Stauffer, another well-regarded voice in hockey journalism, who hinted that a deal was imminent. The terms being discussed suggest a very team-friendly deal, especially when considering that some insiders had previously thought Draisaitl could command upwards of $14 million.

One of the interesting facets of these negotiations appears to be the contract's duration. David Pagnotta from The Fourth Period suggested a shorter term might be on the table, reminiscent of Auston Matthews' recent deal.

"It's more likely to see an Auston Matthews-esque type extension, anywhere from a 3-5 year extension versus a full 8," Pagnotta opined, which could strategically position Draisaitl for another significant contract as he approaches his later playing years.

At 30 years old at the time this contract would begin, Draisaitl's willingness to potentially accept a discounted rate to stay with the Oilers could signal a strong commitment to the team's future success. This gesture might also help mitigate some of the negativity surrounding the team, particularly after the controversial hiring of Stan Bowman as General Manager.

The prospect of securing Draisaitl for another few years could indeed be a silver lining for the Oilers, especially if the deal is finalized before training camp. This would not only stabilize the team's roster but also quash any lingering rumors about Draisaitl's future with the team. As the situation develops, Oilers fans and sports analysts alike will be keenly watching for the official announcement, hoping for a resolution that benefits both the player and the franchise.

Source: Jim Matheson

Matheson on Draisaitl's salary

POLL
Do you believe Leon Draisaitl will accept a lower salary when he signs a new deal with the Oilers?
Yes, he'll sign for less than $14M	89	67.9 %
No, he'll sign for $14M or more	42	32.1 %
List of polls