NHL’s Top 10 Contracts of 2025: Which Stars Are Winning Big—and Who’s the Biggest Surprise?
It’s the percentage of cap calculation and the length of the deal that gets MacKinnon’s market value to the exorbitant figure you see above: $18.3 million. That’s obviously going to feel high under a $95.5 million salary cap, but it won’t be when the salary cap starts hitting $115 million or $125 million, where it’s closer to 15 percent of the cap.
If that still feels high, just think of the two big deals that were just signed for Mikko Rantanen and Mitch Marner: both at a fair $12 million. Two superstars, yes, but not anywhere near MacKinnon’s level. They’re top-20 players — MacKinnon is top three.
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