Ryan Nugent-Hopkins agrees to 8-year, $41 million extension with Edmonton Oilers

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Huge news from Edmonton Oilers’ camp this morning as the longest-serving Oiler, Ryan Nugent-Hopkins, is set to stay with the NHL club for a long, long time.  In fact, the maximum eight years. This per TSN’s Edmonton bureau chief Ryan Rishaug, who tweeted these details this morning:

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That contract is for 1 year longer, and $1 million less, than the seven-year, $42 million deal the player inked back in 2013. His cap hit will thus be reduced from $6.0 to $5.125 million.

The no movement clause appears to be a key part of the deal, as the player clearly wants the club to reciprocate his long-term commitment, which as Rishaug points out, will extend to 18 years by the time the new pact expires. Assumption at this point is that the NMC extends for the entire duration of the contract, though that remains to be confirmed.

More to come.

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