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How Nathan MacKinnon’s new contract stacks up with the NHL’s elite

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How Nathan MacKinnon’s new contract stacks up with the NHL’s elite

After years of being the most underpaid player in the NHL, Colorado Avalanche superstar Nathan MacKinnon has finally cashed in.

MacKinnon signed an eight-year, $100.8 million extension with the Avalanche on Tuesday, making him the highest paid player in the league in terms of average annual value ($12.6 million per season). The deal, which kicks in for the 2023-24 campaign, narrowly surpasses Connor McDavid’s eight-year, $100 million pact inked in 2017.

The only deals in NHL history worth more total money than MacKinnon’s are Alex Ovechkin’s $124 million, 13-year contract with Washington, Shea Weber’s $110 million, 14-year contract with Nashville and Sidney Crosby’s $104.4 million, 12-year contract with Pittsburgh.

MacKinnon’s extension represents a significant raise for the 2014 Calder Trophy winner, who carried an AAV of $6.3 million since signing a bargain seven-year, $44.1 million contract in the summer of 2016.

The 27-year-old has developed into one of the NHL’s best players in recent years and has been a finalist for the Hart Trophy in three of the past five seasons. He’s coming off a 32-goal, 88-point campaign that culminated in Colorado winning the Stanley Cup.

The Nova Scotia native deservedly joins a handful of players with a cap hit of over $10 million. Here are the other NHLers pulling in eight-figure salaries.

Nathan MacKinnon has the highest cap hit in the NHL.  (Photo by Matthew Stockman/Getty Images)

Nathan MacKinnon has the highest cap hit in the NHL starting in 2023-24. (Photo by Matthew Stockman/Getty Images)

Contract comparables (AAV):

$12,600,000: Nathan MacKinnon, Colorado Avalanche

$12,500,000: Connor McDavid, Edmonton Oilers

$11,642,857: Artemi Panarin, New York Rangers

$11,640,250: Auston Matthews, Toronto Maple Leafs

$11,500,000: Erik Karlsson, San Jose Sharks

$11,000,000: John Tavares, Toronto Maple Leafs

$11,000,000: Drew Doughty, Los Angeles Kings

$10,903,000: Mitch Marner, Toronto Maple Leafs

$10,500,000: Carey Price, Montreal Canadiens

$10,500,000: Jonathan Toews, Chicago Blackhawks

$10,500,000: Patrick Kane, Chicago Blackhawks

$10,000,000: Aleksander Barkov, Florida Panthers

$10,000,000: Anze Kopitar, Los Angeles Kings

$10,000,000: Jack Eichel, Vegas Golden Knights

$10,000,000: Sergei Bobrovsky, Florida Panthers

Have your say:

After seeing where MacKinnon slots in among his peers, what do you think of his contract?

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