Ryan Nugent-Hopkins

RNH is RICH: Oilers sign Nugent-Hopkins to $42 million extension


The Edmonton Oilers are all-in on their young stars.

On Thursday, the club announced it had agreed to a seven-year, $42 million extension for Ryan Nugent-Hopkins, the club’s first-round (and first overall) pick at the 2011 NHL Entry Draft.

Nugent-Hopkins, 20, will carry an average annual cap hit of $6 million with the new deal, an identical figure to the ones held by Jordan Eberle (signed through 2019) and Taylor Hall (signed through 2020).

The RNH extension kicks in next season t and runs through 2020-21 campaign but, as Sportsnet’s Nick Kypreos reports, the deal comes without no-trade/movement clauses (Eberle and Hall don’t have them either).

It’s a bold move from Edmonton, banking on Nugent-Hopkins’ undeniable skill and his ability to overcome health issues.

Both of his first two seasons in the NHL have been cut short due to shoulder issues. His rookie campaign was limited to just 62 games after undergoing a season-ending shoulder procedure, yet he still managed to put up 52 points and finish as one of the three nominees for the Calder Trophy.

Last season, he was held to just 40 games — undergoing shoulder surgery in April — and saw his production dip (24 points, a 0.60 points-per-game average).

But there is reason for optimism. RHN recently said he’s “put on a few pounds” and is currently tipping the scales at between 180 and 185 pounds, which could theoretically help in being able to survive the physical rigors of a full NHL season.

In addition, he’s been working on his shot this offseason, with good results.

“My shot feels great,” he said. “It feels probably a little bit better than last year even.”

Of course, the Oilers are going to have to wait a while to see that shot in action. Nugent-Hopkins isn’t expected to make his 2013-14 debut until November.

Related: They said Nugent-Hopkins would get hurt — and so far, they’ve sort of been right

Avs unveil new third jerseys

Avs Jerseys

The Avalanche will be throwing a bunch of different looks at us this season.

Having already released specialized “Mile High” jerseys for February’s Stadium Series game, the Avs unveiled new third sweaters on Friday — less than 24 hours after a bitter 5-4 home loss to Minnesota in their season opener.

(Guess Colorado wanted to send out some good vibes after blowing a 4-1 third-period lead.)

While undoubtedly exciting for the organization, the release of these new thirds isn’t taking anybody by surprise. Last month, several websites published leaked images of Colorado’s and Anaheim’s third jerseys, so the design has been in the public eye for several weeks.

The Avs will debut these new thirds on Oct. 24, in a Saturday night tilt against Columbus.

Related: Roy explains why he didn’t call time out

Report: Escrow set at 16 percent

Gary Bettman, Donald Fehr
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Hey, remember in June when the NHLPA voted to keep the five-percent growth factor in spite of increasing worries about escrow?

Well, here’s why that decision was a significant one, via TSN’s Frank Seravalli:

With early revenue projections in place, the NHL and NHLPA set the escrow withholding rate for players at 16 per cent for the first quarter of the season on Thursday.

That means every player will have 16 per cent of earnings deducted from their paycheque and put aside until after all of this season’s hockey-related revenue is counted to ensure a perfect 50-50 revenue split with owners.

Now, this doesn’t mean that the players will definitely lose 16 percent of their salaries. Typically, they receive refunds when all the accounting is done.

Still, 16 percent is a good-sized chunk to withhold. They won’t be thrilled about it.

Related: To understand escrow, consider Duncan Keith