Back to the Colorado Avalanche Newsfeed

Mikko Rantanen signs six-year, $55.5 million contract ($9.25 million average)

Right winger Mikko Rantanen became the Avalanche’s highest-paid player Saturday by signing a six-year contract worth $55.5 million, a club spokesman told The Denver Post.

Elliotte Friedman of Sportsnet first reported the Avs and Rantanen were closing in on a long-term deal.

Rantanen, 22, will have a $9.25 million annual salary cap hit and be paid $12 million this coming season and in 2020-21. He’ll make $10 million 2021-22, $6 million 2022-23, $9.5 in 2023-24 and $6 million in 2024-25 — at which time he could become an unrestricted free agent.