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Victor Petkov
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Kiril Kaprizov signs record $136 Million extension with Minnesota Wild
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The previous record in NHL was held by Washington Capitals with captain Alexander Ovechkin, who signed 13-year-deal, worth $124 million

The Minnesota Wild have secured their franchise cornerstone for the long term, announcing that star forward Kiril Kaprizov has signed an eight-year, $136 million contract extension — the richest deal in NHL history.

The extension, which begins in the 2026–27 season, carries an annual cap hit of $17 million, pushing right up against the club’s salary ceiling.

The agreement comes just a month after Kaprizov reportedly turned down an initial eight-year, $128 million offer. With negotiations now settled, the 27-year-old Russian forward avoided hitting unrestricted free agency on July 1, when his current five-year, $45 million contract was set to expire.

Kaprizov had hinted last month that his preference was to remain in Minnesota, saying he enjoyed playing for the Wild and wanted to stay, though his main focus was on performance and the ongoing season. The breakthrough in talks ultimately came when the team met his financial expectations.

The extension beats the record previously held by Washington Capitals captain Alexander Ovechkin, whose 13-year, $124 million deal spanned from 2008 to 2020. It also eclipses the eight-year, $112 million contract signed by Edmonton Oilers forward Leon Draisaitl, which carried an annual average value of $14 million.