Colorado Avalanche give Nathan MacKinnon eight-year extension

Instead of Nathan MacKinnon having the mantle of one of many league’s greatest cut price contracts, he’s now about to turn out to be the highest-paid participant within the recreation beginning subsequent season.

MacKinnon and the Colorado Avalanche agreed to an eight-year, $100.8 million extension that can carry a $12.6 million AAV, sources informed ESPN, confirming a number of stories. It is a deal that can see MacKinnon signal the richest contract within the wage cap period. His new deal sees him overtake Edmonton Oilers middle Connor McDavid for the highest spot by $100,000 with McDavid’s AAV being $12.5 million.

The pact will go into impact in the beginning of the 2023-24 season with the upcoming 2022-23 marketing campaign being the ultimate 12 months of MacKinnon’s earlier extension that was a seven-year deal that noticed him earn $6.3 million yearly.

The three-time Hart Trophy finalist’s contract state of affairs has lengthy been a subject of dialog given his degree of manufacturing and the worth of his deal. MacKinnon has averaged 1.31 factors per recreation during the last 5 seasons.

Re-signing MacKinnon to an extension provides to what has been an energetic offseason since profitable the third Stanley Cup in franchise historical past. General supervisor Joe Sakic took over as president with assistant GM Chris MacFarland being promoted to GM. MacFarland has since signed Valeri Nichushkin to an eight-year extension carrying a $6.125 million cap hit whereas additionally re-signing Artturi Lehkonen to a five-year contract value $4.5 million yearly.

It was additionally an offseason that noticed the Avs lose second-line middle Nazem Kadri and goaltender Darcy Kuemper. They sought to make up for these absences by signing Evan Rodrigues to a one-year take care of the expectation he would compete with J.T. Compher and Alex Newhook for the second-line middle function. Meanwhile, the Avs made a commerce with the New York Rangers to get goalie Alexandar Georgiev, who will work in tandem with Pavel Francouz.

Getting a brand new deal achieved for MacKinnon does greater than give him the title of being the sport’s highest paid participant subsequent season. It additionally reinforces the latest step the Avs have made in the case of protecting most of their core intact. Samuel Girard and Mikko Rantanen have been the primary steps in that plan with each of them signing extensions in 2019. Girard signed a seven-year deal value $5 million in every season whereas Rantanen signed a six-year extension value $9.25 million. A 12 months later, they traded for Devon Toews and signed him to a four-year contract value $4.1 million yearly.

In 2021, the entrance workplace re-signed captain Gabriel Landeskog and eventual 2022 Norris Trophy winner Cale Makar to long-term extensions. Landeskog acquired an eight-year deal value $7 million yearly whereas Makar was given a six-year deal that can see him make $9 million yearly.

MacKinnon’s hefty contract means the Avalanche are projected to have $13.987 million in cap area, in line with CapFriendly. But there are different concerns they have to make over the subsequent season. Both Bowen Byram and Newhook, the group’s first-round picks in 2019, are within the ultimate 12 months of their entry-level contracts. Compher is ready to be a pending unrestricted free agent whereas Rodrigues, who signed a one-year deal this offseason, might additionally hit the open market. Veteran defenseman Erik Johnson will even be a pending UFA.