Overview
- Colorado and Cale Makar agreed on an eight-year extension worth $163.2 million that begins in 2027-28 and runs through the 2034-35 season.
- The contract carries a $20.4 million average annual value that makes Makar the NHL’s highest-paid player and the league’s first $20 million-per-season player.
- Reporting from the team and league trackers says the deal includes a full no-move clause and is heavily weighted toward signing bonuses rather than base salary.
- The Avalanche completed the agreement on Friday, August 28, to preserve an eight-year term before a CBA change that will limit team extensions to seven years starting in mid-September.
- The AAV will consume roughly 18 percent of a projected 2027-28 salary cap and is likely to constrain Colorado’s roster moves and free-agent plans while setting a new market benchmark for elite players.