Matthews, a former No. 1 overall draft pick and a rookie of the year, is in his third season with Toronto. He has 97 goals and 81 assists in 182 regular-season games. This season he has 23 goals and 23 assists, but he has played in only 38 of Toronto's 52 games because of injury.
The NHL rookie of the year from Scottsdale, Arizona, has represented Toronto at the NHL All-Star Game in each of his three seasons. The precise average annual payout is $11.634 million — the 34 at the end appearing to be a nod to his jersey number. The bulk of the money reportedly is in signing bonuses. He will make just $750,000 in salary each of the five years while getting bonuses of $15.2 million, $15.2 million, 9.7 million, 7.2 million and $7.2 million.
His extension comes after 22-year-old Maple Leafs forward William Nylander signed a six-year deal in December worth $10.2 million this season and $6.9 million the following seasons.