Draisaitl signs 8-year contract extension with Edmonton Oilers
CTV
Leon Draisaitl is 'locked in,' the Edmonton Oilers announced Tuesday morning, revealing the first details of a contract extension with the German centre.
Leon Draisaitl is "locked in," the Edmonton Oilers announced Tuesday morning, revealing the first details of a contract extension with the German centre.
The contract, beginning 2025-26, has a total value of $112 million, with 28-year-old Draisaitl earning an average of $14 million per year.
He shared the news on social media, commenting, "Loyal to the Oil."
Once the contract kicks in, Draisaitl will become the National Hockey League's highest-paid player, earning more than Toronto Maple Leafs' Auston Matthew, who's four-year contract has an average annual value of $13.25 million, according to TSN.
Under his current contract, Draisaitl earns $8.5 million a year.
"This is an historic day for the Edmonton Oilers," new general manager Stan Bowman said in a written statement.
"Leon's commitment to our team, our city and Oilers fans everywhere cannot be overstated. His desire to help bring a Stanley Cup title home to Edmonton is central to everything he does both on and off the ice."
Run 3 Space | Play Space Running Game
Traffic Jam 3D | Online Racing Game
Duck Hunt | Play Old Classic Game
A Saskatoon woman is warning others to use caution when doing business on buy and sell websites, after she was the target of a scammer.
Days ahead of his expected Liberal leadership campaign launch, former Bank of Canada and Bank of England governor Mark Carney says Prime Minister Justin Trudeau's decision to step down boosts the party's chance in the next general election.
A big name with ties to the city is expected to launch his bid to become the leader of the federal Liberal party, two sources tell CTV News Edmonton.
A public hearing for the controversial Grassy Mountain coal mining project will resume in Calgary on Tuesday.
Jalen Belle-McCormack, 20, from Toronto, is currently wanted on a warrant in connection to a shooting at a Waterloo business on May 18, 2024.
Sudbury’s automated speed enforcement cameras are moving to new locations this month.
An Ontario man who received a $620,000 medical bill from a Florida hospital is now relieved that his insurance company has reversed its decision and decided to pay the bill.
Longueuil police (SPAL) are investigating after a collision left a young man in critical in the Saint-Hubert borough on Monday night.
The B.C. Conservatives are ratcheting up claims there were "voting irregularities" in a pivotal riding – demanding an "urgent RCMP investigation" into the party's allegations.
Alberta Premier Danielle Smith says tariffs are coming and that its time to prepare - which has led to discussions in Saskatchewan over next steps.
More than 60 Canadian front-line firefighters are on their way to the Los Angeles area as part of international efforts to fight the raging wildfires that have claimed lives and destroyed thousands homes.
A trial has started for a Manitoba man accused of running down and shooting his neighbour before fleeing the province.
A big name with ties to the city is expected to launch his bid to become the leader of the federal Liberal party, two sources tell CTV News Edmonton.
Two people in a passenger vehicle were killed Monday morning in a collision with a commercial motor vehicle on Highway 63 near Highway 533,
The Middlesex-London Health Unit (MLHU) has issued its first cold weather alert of the year.
Former finance minister Chrystia Freeland will announce her intention to run for the Liberal party leadership just before the U.S. presidential inauguration, a source close to her campaign team says.
A dispute over a $2 million jackpot among members of a workplace lotto pool has been settled by B.C.'s Supreme Court.
Montreal police (SPVM) are investigating after a woman was stabbed in the Plateau.