John Tavares has agreed to a four-year contract extension with the Toronto Maple Leafs for a mere $17.55 million, significantly less than his previous annual salary of $11 million. This deal keeps him with the team through the 2028-29 season while capping his hit at $4.39 million, showcasing his commitment to the franchise he grew up supporting.

In a different transaction, Trent Frederic signed an impressive eight-year deal with the Edmonton Oilers valued at $30.8 million. The team aims to bolster its lineup further with a likely extension for star defenseman Evan Bouchard and is also preparing for negotiations with Connor McDavid.