NHLers reflect league’s cash-infused off-season

The NHL is known for offering lucrative contracts to its players, and the latest off-season was no exception. The salary cap will increase to $104 million in 2026-27, higher than the previous range of $95.5 million to $83.25 million. This financial boost is thanks to national television contracts and increased advertising revenue.

Players are taking advantage of the generous offers. Connor Bedard, a Chicago Blackhawks center, signed a five-year, $75 million extension ($15 million AAV). San Jose Sharks forward Macklin Celebrini secured an eight-year, $94 million deal ($18.8 million AAV). Colorado Avalanche defenseman Cale Makar signed an eight-year, $163.2 million agreement ($20.4 million AAV).

Even younger players with limited experience have also made significant money. For instance, the Anaheim Ducks re-upped winger Cutter Gauthier with a six-year, $81 million contract ($13.5 million AAV). Vancouver Canucks defenseman Zeev Buium signed an eight-year, $75.04 million contract ($9.38 million AAV). Washington Capitals center Justin Sourdif agreed to an eight-year, $50.8 million deal ($6.35 million AAV).

Seasoned players like Pittsburgh Penguins captain Sidney Crosby also benefited from the lucrative deals. His average annual value (AAV) has been $8.7 million since 2008-09, well below market value. Crosby explained that the financial landscape has changed significantly in recent years.

While some players opted for shorter-term deals, others chose to lock in for the long haul during the recent flat-cap era. Some of those contracts now appear to be bargains. Despite the high salaries, players are generally content with their financial situations, recognizing the importance of stability and security in their careers.