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Edmonton Oilers confirm 8 year extension for Leon Draisaitl

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Finnegan Frost
September 3, 2024 (9:00)

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Photo credit: The Hockey News

The Edmonton Oilers have officially confirmed Leon Draisaitl's 8 year contract extension via X (formally known as twitter)

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.

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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

Previously on Oilers Insider

Elliotte Friedman confirms Leon Draisaitl extension

Trade pitch emerges sending Dante Fabbro to Edmonton

Jaromir Jagr writes tribute to Johnny Gaudreau

POLL
3 SEPTEMBRE \| 237 ANSWERS Edmonton Oilers confirm 8 year extension for Leon Draisaitl Are you happy Leon is staying?
Yes	214	90.3 %
No	23	9.7 %
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