WATCH: Maple Leafs gather to deliver stick tap salute to William Nylander for cementing future with franchise after penning $92,000,000 deal

The Toronto Maple Leafs have made a bold move to secure the future of their star winger, William Nylander. The franchise recently announced the signing of Nylander to an eight-year, $92 million extension, solidifying his position as a key player in the team's long-term plans.

This substantial investment underscores the team's commitment to building a competitive roster and contending for championships in the seasons to come.

News of Nylander's contract extension has generated a wave of excitement and support within the Maple Leafs community. Insider David Alter took to Twitter to capture a heartwarming moment that unfolded during a team practice.

"Stick taps for William Nylander, who leads the stretches at the end of practice. Teammates salute the new $92 million extension. #Leafs."

As the practice came to an end, Nylander was invited to the center of the stretch circle. His teammates then surrounded him, offering stick taps as a gesture of respect and congratulations.

The stick tap salute is a longstanding tradition in hockey, a non-verbal expression of admiration and support. Nylander's leadership, skill and dedication to the team have evidently earned him the respect and admiration of his peers.

Toronto Maple Leafs secure star winger William Nylander with record-breaking $92M contract extension

William Nylander's contract extension features a full no-movement clause. The deal, effective next season, boasts an $11.5 million Average Annual Value, making it the franchise's most substantial contract to date.

Nylander, 27, has been in fine form, amassing 54 points in 37 games, including a 17-game point streak. He was previously on six-year, $45 million deal signed in 2018 after a protracted negotiation process.

Alongside Auston Matthews, another long-term signee, half of the team's "Core Four" is now committed. Mitch Marner and John Tavares are poised for contract negotiations on July 1.

The move reflects the Maple Leafs' dedication to building a formidable roster, emphasizing Nylander's integral role in their future success.