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Cale Makar Becomes NHL's Highest-Paid Player With Avalanche's Record Deal

Essentially Sports · August 29, 2026

Key takeaways

The Deal That Rewrote the Record Books

Cale Makar just became the richest player in NHL history — and he didn't even have to hit free agency to get there. The Colorado Avalanche locked up their 27-year-old defenseman with an eight-year, $163.2 million extension carrying a $20.4 million annual average value. That AAV tops every contract in league history, running through the 2034-35 season.

What makes this deal stand out isn't just the number — it's the timing. Makar still had one year left on his existing $54 million contract. Colorado didn't wait around to see what the market or a new CBA might do to their leverage. They moved now.

Why Colorado Moved Early

This wasn't a last-minute scramble. Back in June, Avalanche executive Joe Sakic publicly promised that Makar's future was already being sorted out, saying Cale's going to finish his career here and that he'd already spoken with Makar's agent. That's a rare level of transparency for a front office, and it signals just how non-negotiable keeping Makar was for Colorado's long-term plans.

There's also a strategic wrinkle: a new collective bargaining agreement is on the horizon, and contract rules are expected to shift. Locking in Makar before those changes take effect gave both sides clarity and protected Colorado from any complications a new CBA might introduce into extension talks.

Makar's Case for the Record

Makar isn't just a name attached to a big number — he's arguably the best two-way defenseman in the league right now. A former Norris Trophy winner and Conn Smythe recipient, he's redefined what teams expect from the position: elite skating, offensive instincts that rival top forwards, and defensive reliability that keeps him on the ice in every situation. For Colorado, paying him like a franchise cornerstone isn't a gamble — it's an acknowledgment of what he's already proven.

The Bigger Picture for the NHL

This deal joins a growing trend across pro sports of teams paying premium stars record-breaking, long-term money to avoid ever testing the open market — think Shohei Ohtani's Dodgers deal or Juan Soto's Mets contract. The NHL has historically lagged behind other leagues in eye-popping AAVs, but Makar's extension signals that era might be shifting, especially as young superstars reshape how much teams are willing to commit.

For Avalanche fans, this is about more than bragging rights. It's a signal that Colorado intends to build a sustained contender around Makar well into the next decade, betting big that his prime years are still ahead.

Why it matters

This deal resets the market for elite defensemen and signals the NHL is entering an era of bigger, bolder long-term contracts. For hockey fans, it's a preview of how teams will fight to keep generational talent off the open market.

#NHL#Cale Makar#Colorado Avalanche#NHL Contracts#Hockey

Source: Essentially Sports

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