Yesterday the Minnesota Wild signed Kirill Kaprizov to an eight-year, $17 million AAV contract, eclipsing Auston Matthews $13.25 million cap hit for the biggest cap hit in the NHL by a large margin. The contract, which is double what his next closest teammate (Brock Faber) is making, starts next year when Kaprizov is 29. It has a no-movement clause over all eight years and is mostly paid out in performance bonuses.

Kaprizov structure is truly one of a kind, per sources. He's getting 20% of $95.5M cap in salary/signing bonuses ($19.1M) his 1st 4 years
— Michael Russo (@RussoHockey) September 30, 2025
He has $1 million salaries in each of the 8 years.
July 1 signing bonuses: 2026: $18.1M; 2027: $18.1M; 2028: $18.1M; 2029: $18.1M; 2030:…
The NHL wants you to know that this means the NHL is a good investment for owners and clearly you'll see a return on this investment because owners are willing to dish this money out.

Here's the gossip from the insiders.

Kaprizov's teammates are happy for him and are ready to make him pay for everything. Again, he makes double what his next highest teammate makes. But also, it's the owner's money not theirs. But also in a cap league, that $3.75 million more than Matthews is the difference between Max Domi on the roster or not! Or two Nick Robertsons!
Lot of fun ribbing from #mnwild teammates after Kirill Kaprizov record breaking deal. Ryan Hartman said there were a few standing ovations in team meeting. Marcus Foligno said they won’t use team credit card now. Just Kirill’s. Players pumped for him. “Well earned,” Hartman said.
— Joe Smith (@JoeSmithNHL) September 30, 2025
All I'm hearing is the way it affects the Leafs is that we're somehow getting McDavid. Any other noise doesn't bother me one bit.

Leafs legend Max Pacioretty is hanging up the skates and is working for the University of Michigan now.

A good listen.

One of those.

The Leafs should be coming back from Muskoka at some point soon. Their next game is on Thursday against Detroit. Then they're in Detroit on Saturday for the last preseason game. Next Wednesday is the season opening at home against Montreal.


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