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New reports on Draisaitl's extension face hurdles, according to several insiders


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Gabriel Sami
August 1, 2024  (2:09 PM)
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Edmonton Oilers star player Leon Draisaitl
Photo credit: Edmonton Oilers

While there have been reports of advancement, negotiations for Draisaitl's extension have not commenced.

As the Oilers' offseason winds down and the new season approaches, it's up to GM Stan Bowman to focus on upcoming extensions for the 2025-26 season. The most notable among these is Leon Draisaitl, who has already been a major topic of discussion. Ryan Rishaug aims to clarify the situation and dispel any rumors about prior extension negotiations.
On Draisaitl extension, sounds like the two sides have been in touch but actual negotiations haven't started yet, those will commence here shortly. So any notion that it's close to done is premature as of today.
Rishaug clarifies that negotiations haven't yet begun, debunking claims that an agreement was imminent between the two sides. While this might raise concerns, there is no cause for alarm regarding Draisaitl's future in Edmonton.
Securing Draisaitl's next extension remains the Oilers' top priority, as losing him without a deal would be a major misstep. Draisaitl's agent has expressed strong optimism about reaching an agreement, suggesting that the star forward is likely to remain with the team for the foreseeable future.
Realistically, the Oilers and GM Stan Bowman are likely to accept nearly any offer that Draisaitl's camp proposes. Draisaitl and McDavid have become synonymous with the Oilers' identity since McDavid joined the league, making their partnership indispensable.
Draisaitl's upcoming extension is expected to be substantial, spanning 8 years with an estimated value between $13.25-14 million annually. It will be intriguing to see if Draisaitl is open to a pay cut to remain with the team, given the financial mismanagement issues that have plagued his career and impacted their pursuit of a Stanley Cup. His next contract will be a testament to his willingness to prioritize team success over personal earnings, though the Oilers are likely to agree to his terms regardless of the amount.

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