Leon Draisaitl's future: extension talks stall despite rumors

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Sam Jones
August 1, 2024 (9:40)

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Amid the swirl of rumors suggesting a quick resolution to Leon Draisaitl's contract extension with the Edmonton Oilers, Ryan Rishaug, a well-regarded sports journalist, has cleared the air.

According to Rishaug, contrary to multiple accounts, negotiations between Draisaitl and the Oilers have not yet commenced.

Despite the Oilers wrapping up their offseason activities and shifting focus to the 2025-26 season, the talks of an extension for Draisaitl, a key player for the team, have yet to begin. This revelation might raise eyebrows, considering the strategic importance of Draisaitl to the franchise. However, fans are advised not to worry; the forward's future in Edmonton doesn't seem to be in jeopardy.

The notion that Draisaitl might be nearing a significant contract extension has been a hot topic, fueled by optimistic sentiments from his agent. According to another source, it appears almost certain that the Oilers would agree to virtually any terms proposed by Draisaitl's camp, underscoring his indispensable role alongside Connor McDavid. The dynamic duo has become synonymous with the Oilers' identity, making it nearly impossible to envision them in different uniforms.

Looking ahead, any extension for Draisaitl is poised to be monumental, potentially an eight-year deal valued between $13.25 and $14 million annually. This raises a pertinent question about Draisaitl's willingness to take a pay cut to remain with the team, considering the Oilers' history of financial missteps that have arguably cost them deeper playoff runs. Draisaitl's decision on his next contract will reveal much about his priorities�whether he seeks top dollar or is willing to sacrifice for greater team flexibility and a shot at the Stanley Cup.

As Stan Bowman, the new General Manager, steers the Oilers into the next phase, securing Draisaitl's allegiance will be paramount. The situation warrants close attention, as it will not only influence the team's financial landscape but also its strategic direction in the coming years.