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Leon Draisaitl signs 8-year, $68 million contract with Oilers

Draisaitl gets an $8.5 million annual cap hit on his big new extension. The Edmonton Oilers and star forward Leon Draisaitl have signed an eight-year, $68 million contract, the team announced Wednesday. The deal runs through the 2024-25 season with an annual cap hit of $8.5 million. Draisaitl, 21, was one of the top restricted free agents this offseason. Talks had dragged out after second contracts for top young stars like Connor McDavid, Evgeny Kuznetsov, and Ryan Johansen elevated the market for a player like Draisaitl.
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