Dylan Larkin and Lucas Raymond are not only competitive cornerstones of the Detroit Red Wings' long-term rebuild, but financial cornerstones. Neither player has spent his entire career with the franchise, but both have recently dedicated the best years of their careers to the franchise by signing eight-year contract extensions that cement the confidence the organization has in their leadership and production. The difference is that Larkin is an NHL captain, and Raymond is still approaching his prime, but the nature of their contracts places them disturbingly close in annual value.
The similarities end there. Their net worths and the peaks and troughs of their earnings potential aren't comparable because of age, career earnings, endorsement profiles, and when they signed their deals. Here's a look at how their NHL contracts, salaries, endorsements, and total earnings compare.
Dylan Larkin contract, salary, and career earnings
Detroit re-signed Dylan Larkin to an eight-year, $69.6 million extension in March 2023. The deal was worth an average of $8.7 million per year, making him the highest-paid player on the roster and the new face of the franchise for the next few years. Larkin's contract reflects his production, along with the leadership value of being the team captain and playing on the top line regularly.
Prior to this extension, Larkin had already raked in tens of millions in previous NHL deals, including his five-year deal from 2018.
His on-ice earnings over the course of a season put him ahead of nearly any other player who was drafted when taken together. Larkin is set to surpass $85 million total gross NHL earnings at the end of his existing contract, taking into account signing bonuses and salary structure.
Lucas Raymond contract value, endorsements, and net worth outlook
In September 2024, his fellow Wings winger Lucas Raymond signed an identical eight-year extension worth $64.6 million with an average annual value of $8.075 million. It's less than what Larkin will end up cap-wise, but still a decent deal for a winger who is still quite early in his NHL journey. This does an excellent job of locking Raymond in as a top-six offensive pillar through his prime years.
Raymond, who came into the league later and has played on entry-level and bridge-style contracts, has earned far less in his career so far than Larkin. But this expansion obviously changes the financial landscape for him. Even just NHL salary earnings alone over the course of the deal are projected to exceed $70 million for Raymond by the time this one is done.
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