Overview

• The Wild announced an eight-year, $136 million extension for the 28-year-old winger, setting NHL records for total value and average annual value at $17 million.
• The deal starts in 2026-27 and runs through 2033-34, with Kaprizov playing this season on the final year of his five-year, $45 million contract.
• General manager Bill Guerin said the club never wanted to entertain losing Kaprizov, framing the agreement as a major long-term commitment.
• Reporting from The Athletic and others indicates a bonus-heavy structure with low base salaries and a full no-movement clause.
• The signing follows reports Kaprizov rejected an eight-year, $128 million offer, and analysts say it is likely to reset pricing for stars such as Connor McDavid as the salary cap rises.