The Edmonton Oilers are making a habit of signing their young talent to new contracts well in advance and did so again on Thursday with former No. 1 pick Ryan Nugent-Hopkins.

The Nuge is headed into the final season of his entry-level deal and already he has himself a seven-year extension. Per Elliotte Friedman the contract calls for $42 million over the seven seasons or $6 million per.

At this point it has become a formula for the Oilers. In the past couple of years they have signed Jordan Eberle and Taylor Hall to extensions off entry-level deals. Those contracts? Six years $36 million for Eberle and seven years $42 million for Hall. The going rate sure seems set now doesn't it?