Oilers, Nugent-Hopkins agree to seven-year extension

The Edmonton Oilers made center Ryan Nugent-Hopkins the No. 1 pick in the 2011 NHL Draft and on Thursday moved to keep him with the up-and-coming franchise well into the future.

Nugent-Hopkins and the Oilers have agreed to a seven-year contract extension, the team announced. Elliotte Friedman of the CBC reports it is worth $42 million.

Nugent-Hopkins, 20, is set to enter his third NHL season. As a rookie, he posted 18 goals and 52 points in 62 games. He followed up with four goals and 24 points in 40 games last season and had season-ending shoulder surgery in April.

This article was originally posted on NHL.com