Defenseman Cale Makar has signed an eight-year contract extension with the Colorado Avalanche worth $163.2 million, making him the highest-paid player in the National Hockey League. The deal, which begins after the current season, carries an average annual value of $20.4 million.
Makar's new contract surpasses the extension signed by Macklin Celebrini of the San Jose Sharks, which has an average annual value of $18.8 million starting in the 2027-28 season. The Philadelphia Flyers' offer sheet to Leo Carlsson of the Anaheim Ducks, matched by the Ducks, had a value of $18 million per season.
With the NHL's salary cap on the rise, player salaries are expected to increase. The Avalanche's decision to commit a significant portion of their payroll to Makar reflects his value as a puck-moving, play-making defenseman with strong defensive capabilities.
Makar has recorded 507 points, including 136 goals and 371 assists, in 470 career games. He also leads the Avalanche's top power-play unit. Despite the team's 20th-ranked power-play percentage last season, Makar is considered a premier player in that role.
The substantial investment in Makar intensifies the pressure on the Avalanche. Having already contributed to one Stanley Cup victory, fans will expect the team to be a consistent contender and aim for another championship with their highest-paid player leading the way.