According to Spotrac, Dylan Larkin signed an eight-year $69.6 million contract extension with the Detroit Red Wings, which includes $69.6 million guaranteed. His average annual salary is $8.7 million.

Larkin recorded a key goal and assist in his 700th NHL game, leading the Red Wings to a 4-2 win over the Canadiens.

With the NHL salary cap on the rise in the coming years, the Detroit Red Wings are in prime position to spend big on ...