Kirill Kaprizov commits long-term to Wild with record 8-year deal

The Minnesota Wild fanbase received quite the scare before training camp after it was revealed superstar Kirill Kaprizov turned down what would have been a record-breaking eight-year contract extension. But general manager Bill Guerin expressed confidence that a deal would get done, and Kaprizov said he wanted to remain in Minnesota.

But on Tuesday, Wild fans received tremendous news.

Michael Russo of The Athletic was first to report that the Wild and Kaprizov agreed to terms on an eight-year contract, well north of $16 million per season, along with massive signing bonuses.

David Pagnotta of The Fourth Period revealed that Kaprizov's annual salary is $17 million. Officially earning $136 million on this contract, it's the richest amount of total money on a deal since Alex Ovechkin signed a $124 million deal with the Washington Capitals in 2008, per NHL insider Frank Seravalli.

Kirill Kaprizov contract extension details

As for the exact contract details, Michael Russo has more details. Russo reports that Kaprizov is getting 20-percent of the $95.5 million cap in salary and signing cap bonuses in his first four years. Additionally, Kaprizov has $1 million salaries in each of his first eight years.

Kaprizov's signing bonuses on July 1 will be $18.1 million from 2026-29, $16 million in 2030, $14.2 million in 2031, and $12.7 million in 2032-33.

Also, Kaprizov has a full no-move clause.

Kirill Kaprizov and Wild agree to terms on massive eight-year contract extension

With this deal agreed upon, the Wild ensures that Kaprizov won't hit free agency next summer, where he would have been one of the top players available, alongside Connor McDavid and Jack Eichel. If Kaprizov did hit the open market, teams very well could have signed him to the money that Minnesota did on Tuesday.

The much-talked about report before training camp revealed that Kaprizov had turned down an eight-year, $128 million contract offer from Minnesota. Considering that would have been the richest contract in NHL history, the vibes certainly felt like he would hit free agency.

Yet, the team was confident that a deal would get done, and weeks later, that was ultimately the case. Now, the wild will ultimately focus on contending for their first Stanley Cup title during Kaprizov's tenure.

Through his five years with the Wild, Kaprizov recorded 185 goals and 201 assists for a total of 386 points.

The Wild fanbase won't have to worry throughout the season about Kaprizov hitting free agency. He's going to be in Minnesota long-term.