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Details Of The Extension

Oilers' Leon Draisaitl Inks New Contract

Details of the Extension

Leon Draisaitl, the Edmonton Oilers' star centerman, has signed a lucrative contract extension with the team. The eight-year deal is worth a reported $68 million, with an average annual value of $8.5 million.

Significance for the Oilers

Draisaitl's extension is a major coup for the Oilers. The 26-year-old has emerged as one of the NHL's most dangerous players, scoring 50 goals and recording 100 points in each of the past two seasons. His presence provides a crucial offensive boost to the team and gives them a legitimate chance at contending for the Stanley Cup.

Financial Impact

The contract extension reflects Draisaitl's status as one of the league's top players. His $8.5 million average annual value ranks among the highest in the NHL. However, the deal is also a significant investment for the Oilers, who are already facing salary cap constraints.

Long-Term Stability

With Draisaitl locked up for the next eight years, the Oilers have secured their franchise cornerstone. The move provides stability for the team and allows them to build around their young star. It also sends a clear message that the Oilers are committed to winning and are willing to invest in their players.


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