Draisaitl signs 8-year, $112 million contract with Oilers

Draisaitl signs 8-year, $112 million contract with Oilers

The forward, who is entering the final season of his current contract, contributed significantly to Edmonton’s progress to Game 7 of the 2024 Stanley Cup Final.

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Leon Draisaitl signed an eight-year, $112 million contract with the Edmonton Oilers on Tuesday. It has an average annual value of $14 million and begins next season.

The forward, who is 28 years old, is about to start the last season of his eight-year contract with the Oilers, which is worth $68 million and was signed on August 16, 2017. After this season, he could have potentially become an unrestricted free agent. He ranked seventh in the NHL last season with 106 points (41 goals, 65 assists) from 81 regular-season games, and third in the Stanley Cup Playoffs, scoring 31 points (10 goals, 21 assists) in 25 games. This contribution helped Edmonton reach the Stanley Cup Final, where they were defeated by the Florida Panthers in a seven-game series.

“Today marks a historic moment for the Edmonton Oilers,” said General Manager Stan Bowman. “Leon’s dedication to our team, our city, and Oilers fans globally is beyond measure. His ambition to bring a Stanley Cup title back to Edmonton is at the heart of all his efforts, both on the ice and off.”

Draisaitl was the third pick in the 2014 NHL Draft. He has accumulated 850 points, including 347 goals and 503 assists, over 719 regular-season games. In 74 playoff games, he has scored 108 points, comprising 41 goals and 67 assists. Draisaitl led the NHL with 110 points in the 2019-20 season, earning him the Art Ross Trophy. He was also awarded the Hart Trophy for being the most valuable player and the Ted Lindsay Award for being the most outstanding player as voted by the NHLPA.

Since 2018-19, Draisaitl ranks second in the NHL in points (643) behind teammate Connor McDavid (726), and second in goals (272) behind Auston Matthews of the Toronto Maple Leafs (294)

NHL.com staff writer Derek Van Diest contributed to this report

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