Story Summary
The Colorado Avalanche have agreed a record-setting eight-year contract extension with superstar defenceman Cale Makar. According to Elliotte Friedman, the deal is worth $163.2 million in total, with an average annual value of $20.4 million. Makar, 27, was due to become an unrestricted free agent after the 2026-27 season; the new contract will begin in 2027-28 and will make him the highest-paid player in the NHL at that time, surpassing Macklin Celebrini’s $18.8-million annual figure. Makar called himself ” excited” to remain in Colorado and referenced a long-term future with the club in a social media video. Avalanche president of hockey operations Joe Sakic had said four days earlier he was ” pretty confident” Makar would be signed before the upcoming season.
Key Facts
- Cale Makar has agreed to an eight-year extension with the Colorado Avalanche.
- The contract totals $163.2 million with an average annual value (AAV) of $20.4 million.
- Per the source, the new deal will begin in the 2027-28 season.
- Makar was due to become an unrestricted free agent at the end of 2026-27; he is entering the final season of a six-year, $54-million deal ($9 million AAV) signed on July 24, 2021.
- When the new contract begins, Makar will be the highest-paid player in the NHL, surpassing Macklin Celebrini’s $18.8-million AAV from a five-year extension signed earlier this summer.
- Avalanche president of hockey operations Joe Sakic said he was “pretty confident” Makar would be signed before the upcoming season four days before this report.
- Makar said in a team social video that he was excited to continue his journey with the Avalanche and referenced another lengthy stretch in Colorado.
- Makar is 27 years old and a native of Calgary.
- His honours include the Calder Trophy, two Norris Trophies, and the Conn Smythe Trophy as part of the Avalanche’s 2022 Stanley Cup championship.
- Since his first full NHL season in 2019-20, Makar leads all defencemen in regular-season goals (136) and points (507).
- In the same 2019-20 to present span, Makar has the most playoff goals (25) and ranks second in playoff points (84).
- He became the ninth defenceman in NHL history to score 30 goals in a season during 2024-25 and the fifth defenceman to post back-to-back 90-point seasons by the end of that campaign.
IHM Discussion
This extension confirms the Avalanche’s intent to keep their highest-impact defender at the centre of their core for the long term. The contract’s headline numbers – eight years, $163.2 million and a $20.4 million AAV – would place Makar at the top of the league’s individual pay scale when it takes effect in 2027-28, ahead of Macklin Celebrini’s $18.8-million average. The comparison underlines the scale of Colorado’s commitment to a player whose production, awards and age support his elite standing.
Makar’s statistical case is compelling. Since 2019-20, he leads all defencemen in regular-season goals (136) and points (507), underlining his threat as both a scorer and playmaker. He also leads in playoff goals (25) over that span and ranks second in playoff points (84). A Calder Trophy, two Norris Trophies and the Conn Smythe Trophy from Colorado’s 2022 Stanley Cup run further illustrate his value to the Avalanche.
The timing matters. Makar is entering the final year of a six-year, $54-million contract that runs through 2026-27, and the extension removes uncertainty over his future beyond that season. President of hockey operations Joe Sakic had said he was “pretty confident” a deal would be completed before the upcoming season. Makar, in a team social-media video, said he was excited to continue his journey with the Avalanche and referenced several more years in Colorado.
Colorado has prioritised continuity around its defensive cornerstone. The salary figure may also become a significant reference point in future long-term negotiations for elite players.
Why It Matters
For the Avalanche, keeping Makar under a long-term contract secures one of the league’s most influential defencemen beyond 2026-27. His scoring and playmaking from the back end have been central to Colorado’s recent success. The extension removes uncertainty around his future with the club heading into the 2026-27 campaign and beyond.
League-wide, the deal’s size and duration provide a notable benchmark in player-compensation discussions. Once it begins in 2027-28, the $20.4-million AAV is set to become the league’s highest individual annual figure.
IHM Market Outlook
When the extension begins in 2027-28, its $20.4-million AAV is set to place Makar above Macklin Celebrini’s reported $18.8-million AAV. The deal provides a prominent reference point for future long-term negotiations involving elite players, particularly high-scoring defencemen, though each negotiation will carry its own circumstances.
Mini Q&A
How long is Cale Makar’s new contract?
Makar signed an eight-year contract extension with the Colorado Avalanche.
What is the total value and average annual value of the deal?
The extension is worth $163.2 million in total, with an average annual value of $20.4 million.
When does the new deal begin?
The reported new contract begins in the 2027-28 season.
Was Makar facing unrestricted free agency?
Yes. He was set to become an unrestricted free agent at the conclusion of the 2026-27 season, the final year of his current six-year, $54-million contract.
Will Makar be the highest-paid player in the NHL under this contract?
When the deal begins in 2027-28, Makar is set to become the NHL’s highest-paid player, ahead of Macklin Celebrini’s $18.8-million AAV.
What are Makar’s key career achievements cited in the report?
His honours include the Calder Trophy, two Norris Trophies and the Conn Smythe Trophy as part of Colorado’s 2022 Stanley Cup win; he has led defencemen in regular-season goals and points since 2019-20 and ranks highly in playoff scoring in the same span.
Coach Mark Comment
Securing a player of Makar’s calibre for an extended period is as much about stabilising team structure as it is about points and trophies. From a coach’s perspective, his offensive instincts from the defensive zone allow the Avalanche to run a more aggressive transition game and power play when he’s on the ice. That continuity lets the coaching staff build systems around his strengths – pinching in at the right moments, quarterbacking the power play, and initiating rushes – rather than engineering around a pending contract. It’s a strategic advantage to have an elite puck-mover signed long term.
What Comes Next
Makar will play the 2026-27 season as the final year of his existing six-year contract; the new eight-year extension is reported to begin with the 2027-28 season, at which point the $20.4-million AAV will take effect.
IHM Final View
This extension keeps the Avalanche’s defensive cornerstone in place beyond 2026-27 and puts Makar at the top of the league’s pay scale when it begins. Given his sustained production, honours and age profile, the commitment reflects his standing among the NHL’s elite. For Colorado, it is a clear statement of intent to keep its core together through the next phase of contention.
