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‘Didn’t see that coming’: NHLers reflect league’s cash-infused off-season
League revenue from television and advertising is fueling a wave of long-term deals, including contracts worth up to $163.2 million.
The NHL's salary cap will jump to $104 million for the 2026-27 season, triggering massive player extensions including Colorado Avalanche defenceman Cale Makar's eight-year, $163.2 million agreement.
Rising revenue from national television contracts and advertising is fueling this growth, moving the cap up from $95.5 million last season following the flat range during the COVID-19 pandemic.
Chicago Blackhawks centre Connor Bedard signed a $75 million extension and San Jose Sharks counterpart Macklin Celebrini secured $94 million, prompting Vancouver Canucks forward Brock Boeser to call the market "crazy."
Montreal Canadiens winger Cole Caufield, who signed an $62.8 million extension, emphasized winning remains the priority; Sharks centre Celebrini described balancing value with team success.
Toronto Maple Leafs general manager John Chayka views this capital influx as an opportunity for stability, though he warns some teams will regret contracts; Pittsburgh Penguins captain Sidney Crosby noted the ecosystem "just evolves.