DENVER - Avalanche captain Gabe Landeskog has agreed to a seven-year contract extension, putting him under contract through the next eight NHL seasons, the team announced Thursday.
Landeskog's new deal is worth $39 million over seven years, with a $5.57 million annual hit to the team's salary cap.
Landeskog, the 2012 Calder Trophy winner as NHL rookie of the year, has one year remaining on his three-year entry-level contract that pays him $3.575 million annually.
"Gabe is and will continue to be a large part of the foundation of this hockey team for many years to come," Avalanche executive vice president of hockey operations Joe Sakic said in a release. "Signing our captain to a long-term extension demonstrates the commitment of Stan and Josh Kroenke to this franchise and to our fan base.
"In just two seasons, Gabe has already proven to be a great asset to our organization both on and off the ice. The fact that he has agreed to a long-term deal shows that he believes in this team, his teammates and the direction of this franchise moving forward."
The Swedish-born Landeskog, 20, was the No. 2 overall pick in the 2011 draft and led the Avs in scoring as a rookie. A year ago he became the youngest captain in NHL history (19 years, 286 days).
Landeskog has 31 goals and 69 points in 118 career games. In 2011-12 he was the second NHL rookie to ever surpass 20 goals and 200 hits in a season, joining Dion Phaneuf (2005-06). Landeskog led the Avalanche in games, goals, plus/minus, shots, hits and game-winners goals.
Mike Chambers: 303-954-1357, email@example.com or twitter.com/mchambersdp