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Cale Makar Signs Record Eight-Year, $163.2 Million Extension With Avalanche

The Avalanche locked Makar up before a pending CBA rule cut maximum team extension length.

Overview

  • The team announced on Friday that Cale Makar agreed to an eight-year, $163.2 million extension that begins in 2027–28 and carries a $20.4 million average annual value.
  • Reports from the player’s agency and contract trackers say the deal includes a full no-move clause and is heavily weighted with signing bonuses, though detailed year-by-year payouts come from third-party trackers rather than a single line‑by‑line team release.
  • Analysts and trackers project Colorado now has roughly $101.854 million committed for 2027–28, which leaves the club with limited projected cap space to re-sign pending free agents or add depth.
  • Makar is a two-time Norris Trophy winner, a Calder Trophy winner and a Conn Smythe winner who has led NHL defensemen in goals and points since 2019–20, which the Avalanche cited as the basis for the long-term investment.
  • The deal resets the top of the NHL pay scale and was timed to beat a Sept. 16 CBA change that will shorten maximum team-extension terms, a move that could reshape how other star players negotiate their next contracts.