AP source: MacKinnon signs 8-year deal, highest paid in NHL
DENVER (AP) — The Colorado Avalanche are making Nathan MacKinnon the highest-paid player in the NHL’s salary cap era.
MacKinnon, who just turned 27 earlier this month, signed an eight-year contract that is worth $100.8 million, according to a person with knowledge of the situation. The person spoke to The Associated Press on condition of anonymity Tuesday because the team did not announce terms of the contract.
His new $12.6 million salary cap hit that goes into effect at the start of the 2023-24 season surpasses Connor McDavid’s $12.5 million as the highest in the league. McDavid’s $100 million, eight-year deal with the Edmonton Oilers signed in 2017 was the previous record for the highest annual cap hit since the system went into place in 2005.
The only richer deals than MacKinnon’s in the cap era are: Alex Ovechkin’s $124 million, 13-year contract with Washington, Shea Weber’s $110 million, 14-year contract with Nashville and Sidney Crosby’s $104.4 million, 12-year contract with Pittsburgh. The collective bargaining agreement has since limited contract lengths to eight years for a players re-signing with his own team and seven for free agents.