Ryan Nugent-Hopkins appears set to be a lifetime member of the Edmonton Oilers after the centre, who was a pending unrestricted free agent, inked an eight-year contract extension worth $41 million on Tuesday.
Nugent-Hopkins’s new salary cap hit is $5.125 million annually, which is a slight pay cut from the $6 million he made in each of the past seven years.
The 28-year-old likely could’ve earned a more lucrative cap hit were he to test the open market, but that extra eighth year and remaining with the team that selected him first overall back in 2011 were key factors in getting the deal done.
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