Dylan Larkin is staying in Detroit, after all. The Red Wings confirmed on Wednesday that Larkin signed a new extension, which will keep him with the franchise for eight more years.
The deal locks Larkin to the Red Wings through the 2030-31 NHL season and is worth $69.6 million with an average annual value of $8.7 million. The 26-year-old player, who has 57 points in 59 games this season, was previously set to become an unrestricted free agent in the summer.
Larkin and the Red Wings have been engaged in contract talks for a while but couldn’t agree on the financial terms and seemed to have hit an impasse in early February. Larkin was reportedly looking to get around $9 million annually, while the Red Wings didn’t want to go further than $8.4 million per year. It appears that the two sides simply decided to meet in the middle and wrap up the negotiations sooner than later.
The agreement ensures that Dylan Larkin spends the prime of his career with the franchise that drafted him 15th overall in 2014. Since then, the Michigan native has made three All-Star games and is currently serving as the Red Wings captain. He has 169 goals and 246 assists in 563 NHL games.
