08/30/2026
The NHL salary cap era just changed forever. And three players are the reason why.
The Colorado Avalanche officially signed their franchise cornerstone to an eight-year, $163.2 million contract extension, a $20.4 million AAV that makes Makar the first player in NHL history to cross the $20 million salary threshold.
And the context behind what he's already done in Colorado makes every dollar feel justified:
πΉ507 points in 470 games, the fourth-fewest games by a defenseman to reach 500 career points in NHL history, behind only Orr, Coffey and Potvin
πΉ2x Norris Trophy winner
πΉ2022 Stanley Cup Champion
πΉConn Smythe Trophy winner
πΉ79 points in 75 games in 2025-26, plus-32, 118 blocked shots, 24:51 average ice time
Now look at where the NHL salary market stands after the most historic offseason in league history:
π° Leo Carlsson (Ducks): $18.8M AAV
π° Macklin Celebrini (Sharks): $18.8M AAV
π° Cale Makar (Avalanche): $20.4M AAV
And the next domino? Quinn Hughes, neck-and-neck with Makar as the best defenseman in the world, currently with the Minnesota Wild and eligible for his own extension. After Makar's record-breaking deal, Hughes' camp will be watching very closely.
Four historic contracts. Four franchise cornerstones locked in. And the NHL salary landscape will never look the same again.
Makar. Celebrini. Carlsson. And soon, Quinn Hughes, if Minnesota wants to make the right thing.
The $20 million era of hockey has officially arrived.