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

The forward, who is entering the final season of his current deal, aided Edmonton in reaching Game 7 of the 2024 Stanley Cup Final.

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, aged 28, is on the brink of his last season under an eight-year contract with the Oilers, worth $68 million, which he signed on August 16, 2017. He could have turned into an unrestricted free agent post this season. He accumulated 106 points (41 goals and 65 assists) across 81 regular-season games, placing him seventh in the NHL last season. He also ranked third in the Stanley Cup Playoffs with 31 points (10 goals and 21 assists) in 25 games, contributing significantly to Edmonton’s advancement to the Stanley Cup Final. However, they lost the seven-game series to the Florida Panthers.

“Today marks a significant moment in the history of Edmonton Oilers,” stated the general manager, Stan Bowman. “The level of dedication Leon displays towards our team, our city, and Oilers fans globally is beyond comparison. His aspiration to win a Stanley Cup title for Edmonton is at the heart of all his actions, be it on the ice or off it.”

The No. 3 pick in the 2014 NHL Draft, Draisaitl, has amassed 850 points from 347 goals and 503 assists in 719 regular-season games, and a further 108 points from 41 goals and 67 assists in 74 playoff games. He topped the NHL with 110 points in the 2019-20 season, winning him the Art Ross Trophy, Hart Trophy for most valuable player, and Ted Lindsay Award for most outstanding player as chosen 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