EDMONTON, AB – In a monumental move, the Edmonton Oilers have secured Leon Draisaitl with an eight-year contract extension worth a staggering $112 million. This deal solidifies Draisaitl’s position as the highest-paid player in NHL history, with an annual salary cap hit of $14 million.

The extension, set to commence from the 2025-26 season and spanning until 2033, was officially announced by General Manager Stan Bowman earlier this week.

According to Bowman, “This is a historic day for the Edmonton Oilers. Leon’s unwavering commitment to our team and the city of Edmonton is truly remarkable. His dedication to bringing a Stanley Cup title to our city drives him both on and off the ice.”

Draisaitl, alongside his teammate Connor McDavid, played a pivotal role in guiding the Oilers to the Stanley Cup final last season. The duo’s exceptional performance showcased Draisaitl’s prowess, ultimately leading to his MVP recognition in 2020.

The signing of Draisaitl marks the culmination of an intense offseason for the Oilers. With Bowman taking the reins as GM, the priority was securing Draisaitl’s future with the team.

Surpassing the previous highest salary cap hit held by Auston Matthews, Draisaitl’s new contract represents a significant increase from his current deal, which was considered one of the most team-friendly contracts in the league.

The German forward has proven his worth time and time again, amassing an impressive 850 points in regular-season games and establishing himself as one of the top playoff scorers in NHL history.

With Draisaitl’s contract secured, attention now shifts to re-signing McDavid, the face of the franchise and reigning playoff MVP. McDavid’s impending free agency in 2026 looms large, prompting discussions for a potential contract extension.

Stay tuned for more updates on the Oilers’ roster as they gear up for the upcoming seasons.

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