This summer, NHL players are witnessing substantial contract agreements, with Cale Makar becoming the latest and highest-paid. The Colorado Avalanche have confirmed a contract extension with Makar, the two-time Norris Trophy defender.

Contract Details

Makar’s new deal spans eight years and totals $163.2 million. This translates to an average annual value (AAV) of $20.4 million, setting a new NHL record. The contract will activate after the current season.

Previously, Macklin Celebrini of the Sharks held the highest with a five-year, $94 million deal, averaging $18.8 million annually from the 2027-28 season. Makar will surpass Celebrini’s contract, starting his with the 2027-28 season.

Comparative Analysis

Macklin Celebrini’s deal eclipsed an $18 million-per-season offer from the Flyers to Leo Carlsson, which the Ducks matched. The increasing NHL salary cap results in rising player salaries.

Justifying the Investment

Investing a considerable portion of payroll in Makar seems justified. As a puck-moving defenseman, his blend of offensive and defensive skills is rare. Makar’s stats—507 points from 136 goals and 371 assists in 470 games—highlight his value.

Moreover, he leads the Avalanche’s top power-play unit, crucial though they ranked only 20th in power-play percentage last season. Despite this, it is challenging to find a better-suited player for this role.

The Road Ahead

The pressure on Makar rises alongside his salary. He has helped secure a Stanley Cup for the Avalanche, but fans now expect consistent championship contention. With this significant contract, Makar’s performance will be critical to fulfilling those expectations.

Writer Matthew Reigle comments on these events for OutKick.