Sabres closing in on 8-year extension with Jack Eichel, per reports

Buffalo will have its franchise cornerstone locked up through 2026.

The Buffalo Sabres and forward Jack Eichel are nearing a huge eight-year contract extension, according to multiple reports. First tweeted out by NBC Sports’ Kathryn Tappen, TSN’s Bob McKenzie also says the two sides are “closing in” on a deal set to be announced soon.

The deal is reportedly going to be worth around $10 million per year, which would make Eichel one of the highest-paid players in the NHL in 2018. At that point, Connor McDavid will have the league’s top cap hit at $12.5 million, followed by Patrick Kane, Jonathan Toews, and Carey Price at $10.5 million, then Eichel and Anze Kopitar at $10 million.

Eichel is in the last year of his three-year entry-level contract signed when he entered the league as a rookie in 2015. He’s considered one of the top young players in hockey and could become a restricted free agent next summer.

After a tumultuous offseason for the Sabres, extending Eichel through his 20s would be a boon for Buffalo. The Sabres cleaned house in April after firing both general manager Tim Murray and head coach Dan Bylsma in one fell swoop. Eichel’s name was tossed around during the aftermath of the firings, as there were rumors just days before that the forward would not re-sign with the team if Bylsma was still the head coach.

Eichel, the second overall pick in the 2015 NHL Draft, has just one full season to his name after an ankle injury derailed the start of his 2016-17 season. Though Eichel played in 20 fewer games, he still put up more points (57) than during his rookie season.

Entering his third season, Eichel has been a bit overshadowed by Connor McDavid and other young stars, but he’s positioned to breakout as the Sabres’ franchise player. With a max-term contract, there’s little doubt about their confidence in the 20-year-old to blossom on the ice.