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Leon Draisaitl Leads 2025–26 NHL Pay List as Cap Growth Sets Up Next Record

Rising salary-cap projections signal Kirill Kaprizov is positioned to take the top spot in 2026–27.

Overview

  • USA TODAY, citing PuckPedia, lists Edmonton’s Leon Draisaitl as the highest-paid player for 2025–26 at a $14 million cap hit from his 2024 eight-year, $112 million extension.
  • Minnesota’s Kirill Kaprizov has an eight-year, $136 million contract set to begin in 2026–27 with a reported $17 million cap hit, which would be the league’s new benchmark.
  • The highest-paid designation has changed in each of the past three seasons, shifting from Connor McDavid to Nathan MacKinnon in 2023–24, to Auston Matthews last season, and now to Draisaitl.
  • Connor McDavid signed a two-year extension that keeps his cap hit at $12.5 million, leaving him below the newly established top figures.
  • Projected upper limits for the NHL salary cap are $95.5 million in 2025–26, $104 million in 2026–27, and $113.5 million in 2027–28, supporting larger average annual values across star contracts.