The Edmonton Oilers have signed forward Leon Draisaitl to an eight-year, $112 million contract extension. 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. He will be the league's highest-paid player once the contract kicks in next summer.
TSN Hockey Insider Pierre LeBrun reports the deal is front-loaded and includes a full no-move clause throughout all eight seasons.
Since being drafted third overall by Edmonton in 2014, Draisaitl has won the Hart Trophy, Art Ross Trophy and Ted Lindsay Award, along with five NHL All-Star nods. The German has 347 goals and 850 points in 719 career NHL games.
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