Leon Draisaitl's New Contract with Edmonton Oilers
8-Year, $68 Million Deal
Salary and Cap Hit
On August XX, 2023, Leon Draisaitl signed an 8-year, $68 million contract with the Edmonton Oilers. The contract includes a cap hit of $8.5 million and an average annual salary of $8.5 million.
Contract Details
The contract is fully guaranteed and includes a no-movement clause. Draisaitl will receive a signing bonus of $10 million and an annual salary of $8.5 million for the duration of the contract.
Impact on the Oilers
This contract signing is a significant move for the Oilers, as Draisaitl is one of the team's most important players. He is a two-time Art Ross Trophy winner and has been named to the NHL First All-Star Team three times. His presence on the team will help the Oilers compete for a Stanley Cup championship in the coming years.
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