Colorado Avalanche defenseman Devon Toews. Isaiah J. Downing-USA TODAY Sports

The Colorado Avalanche made a big announcement on Friday morning — one that just so happened to coincide with the midway point of the "Daily Faceoff Live" show with Frank Seravalli and Tyler Yaremchuk.

The Avs have agreed to terms on a new seven-year contract with top-pairing defenseman Devon Toews. The 29-year-old rearguard is Cale Makar’s primary partner and has put up 50 points in back-to-back seasons in Colorado.

Toews will be paid an average of $7.25M per year between the 2024–25 and 2030–31 seasons with the Avalanche. It’s a well-earned payday for a player who was a key cog of Colorado’s 2022 Stanley Cup championship.

Here’s a snippet of what Seravalli and Yaremchuk had to say as they reacted live on-air to the news of Toews’ contract extension.

Tyler Yaremchuk: We’ve got some breaking news heading into the weekend. The Colorado Avalanche just officially announced that they’ve agreed to terms with Devon Toews on a seven-year contract extension. Yes, Frank, you’ve got to get it out there, you’ve got to Tweet it! No word from the Avs on the AAV of this contract, but he was scheduled to be a free agent coming up here. That is a big, big to-do item checked off by Avalanche GM Chris MacFarland. Do you know anything about any of the numbers that were being discussed in all of this? Also, just talk a little bit about what a big, big check this is for MacFarland.

Frank Seravalli: Just checking on the AAV of that, I’ll see if I can get that for you shortly. I wouldn’t even really want to hazard a guess because this guy’s really good, and seven years of Devon Toews, of all UFA money, is gonna be really expensive. 50-point seasons, the yin to Cale Makar’s yang, he’s got it all. It’s $7.25M times seven [years], sources say, so there you go.

Yaremchuk: You mentioned “the yin to Cale Makar’s yang” — if we ever get back to best-on-best hockey, that’s a pairing for Team Canada right there, right? Like, you just put them in pen, right at the top of the lineup. He is that good, and I think for some casual fans, he gets overshadowed a little bit by all the star power in Colorado.

Seravalli: I still can’t believe the Islanders traded him. Like, you look at what that team’s missing, and I know [Noah] Dobson came in and really added some production for them on the back end, but the cap crunch was there and they got rid of the wrong guy.

Yaremchuk: And all they got was a couple of second-round picks. It’s not like they were able to fish out a top-15 draft pick for this guy or anything like that.

Seravalli: Some of Joe Sakic’s best work, a huge part of their Cup win, and just — that Avs team is locked and loaded. They’ve got MacKinnon locked up and they’ve got Makar locked up. They’re not going anywhere anytime soon.

Watch the full episode here:

More must-reads:

TODAY'S BEST
Two young stars get hefty bonuses for making All-NBA teams
Mavericks star duo joins exclusive club with Game 1 win
Mavericks ride 'Luka Magic' on both ends late to win Game 1
Panthers shut out Rangers 3-0 in Eastern Conference Final opener
NBA announces 2023-24 All-NBA teams
Star Padres infielder to miss significant time with shoulder injury
LeBron James, Charles Barkley passionately defend Caitlin Clark from 'petty' haters
Roger Goodell discusses factors for possible 18-game NFL season
Cowboys QB Dak Prescott has intriguing comment on his contract situation
Celtics toying around with surprise Jayson Tatum move in conference finals
Former teammate warns Tee Higgins about pitfalls of playing on franchise tag
Watch: Timberwolves and Mavericks trade dunks in third quarter
Yankees owner Hal Steinbrenner tempers expectations for Juan Soto extension
Canucks' Rick Tocchet wins 2024 Jack Adams Award
Incredible Orioles streak finally comes to end against Cardinals
Raiders QB shares surprising reason for switching jersey number
New Jersey Devils to hire just-fired head coach to lead bench
Latest announcements show how deep Knicks' injury issues ran
Veteran WR announces retirement after nine seasons
Eagles stars defend new DC following criticism

Want more sports news?

Join the hundreds of thousands of fans who start their day with Yardbarker's Morning Bark, the best newsletter in sports.