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Kaprizov Reportedly Rejects Wild’s NHL-Record 8-Year, $128 Million Offer

The decision introduces real uncertainty for Minnesota with free agency looming in 2026.

Overview

  • Insider Frank Seravalli reported that Kaprizov’s camp declined an eight-year, $128 million extension in a Tuesday meeting in Minnesota.
  • The proposal would have set new NHL marks for both total value and average annual value at $16 million.
  • Kaprizov, 28, has one season left on his five-year, $45 million deal and can become an unrestricted free agent after 2025-26.
  • The Wild must decide whether to raise their offer, let him play out the year with risk of losing him for nothing, or evaluate trade possibilities.
  • Context around the marketplace includes Leon Draisaitl’s $112 million contract at $14 million AAV and Kaprizov’s elite production of 56 points in 41 games last season and 386 career points in 319 games.