Canucks: Elias Pettersson agrees to eight-year $92.8m contract

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And like that, he’s not going anywhere.

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Just days after suddenly changing course and choosing to negotiate a new contract now, rather than waiting for the end of the season, Elias Pettersson has signed an eight-year contract totalling US$92.8 million with the Vancouver Canucks.

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The contract will reportedly average US$11.6 million per season. The overall structure of the contract includes US$47 million in signing bonuses.

According to TSN’s Pierre LeBrun, US$29 million of the deal comes in just the first two years alone, mostly through $22 million in signing bonuses. Those two seasons, notably, will be the last under the current collective bargaining agreement, which expires in September 2026.

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The 25-year-old from Sundsvall, Sweden, has 29 goals and 46 assists in 62 games this season, good for second on the team in points behind J.T. Miller.

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Drafted fifth overall by the Canucks in 2017, Pettersson has totalled 165 goals and 233 assists over 387 games.

After injuring his wrist during the 2021-22 season, Pettersson came on strong in 2022-23 with his first 100-point season, producing 39 goals and 63 assists in 80 games.

More to come…

pjohnston@postmedia.com

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