The Colorado Avalanche and its captain Gabriel Landeskog have come to an agreement.
The star forward has agreed to an eight-year, $56 million contract, worth $7 million annually. According to insider Bob McKenzie, the deal includes a full no-movement clause in the first four years of the contract, and a modified no-trade clause in the final four.
Earlier today, it was reported that Avalanche general manager Joe Sakic was pitching a three-year deal to Landeskog at basically Nathan MacKinnon money, which is $6.3 M AAV. Later on Tuesday, Sportsnet's Elliotte Friedman also heard that the Avalanche might consider offering him a seven-year deal, worth $7 million annually, but that "there are discussions about the possibility of eight years."
He was right.
The Avalanche captain recorded 20 goals, 32 assists for 52 points. This season, Landeskog made $6.5 million and signed a seven-year, $39 million deal in 2014. No one expected this re-signing to be this hard.
Over the weekend, the Avs re-signed young defenseman Cale Makar to a six-year, $54 million contract extension. Makar’s $9 million average annual value against the salary cap is the second highest on the Avalanche, behind winger Mikko Rantanen’s $9.25 million AAV on a six-year deal signed in 2019.
Great to see the captain back in Denver!