MacKinnon signed to 8-year deal, highest paid in NHL

DENVER (AP) — The Colorado Avalanche is making Nathan McKinnon the highest-paid player in the NHL’s salary cap era.

McKinnon, who turned 27 earlier this month, signed an eight-year contract worth $100.8 million, according to a person with knowledge of the situation. The man spoke to The Associated Press on Tuesday on condition of anonymity because the team had not announced the terms of the contract.

His new $12.6 million salary cap hit which went into effect at the start of the 2023–24 season surpassed Conor McDavid’s $12.5 million as the highest in the league. McDavid’s $100 million, eight-year deal signed in 2017 with the Edmonton Oilers was the previous record for the highest annual cap hit since the system was implemented in 2005.

The only deals richer than McKinnon in NHL history are: Alex Ovechkin for $124 million, a 13-year contract with Washington, $110 million for Shia Webber, a 14-year contract with Nashville, and Sidney Crosby for $104.4 million, 12 year contract with Pittsburgh. The collective bargaining agreement has since limited contract lengths for players to re-sign with their teams and seven years for free agents.

McKinnon agreed with the training camp to begin. It has been a short off-season for McKinnon and the Avalanche after winning their first Stanley Cup title since 2001.

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