Overview

• Minnesota announced an eight-year, $136 million extension for Kirill Kaprizov effective in 2026–27, the largest contract in league history by total value and average annual value.
• The deal carries a $17 million annual cap hit and runs through the 2033–34 season.
• Industry reporting details a unique structure with $1 million base salaries, large annual signing bonuses, and a full no‑movement clause.
• The agreement follows weeks of tense talks in which Kaprizov reportedly declined an eight-year, $128 million offer as training camp opened without a deal.
• Analysts say the record pact will shape upcoming decisions for elite players such as Connor McDavid as the NHL salary cap rises.