It appears that Matthews won't be holding that title much longer, however, as the '2 Mutts' podcast has reported that Draisaitl is expected to sign a mammoth, 8-year extension with the Oilers that will come in around $14M per season. Draisaitl is entering the final year of the 8-year deal he signed in 2017 that carried an $8.5M cap hit, that he vastly outperformed.
Coming off of a Stanley Cup Finals appearance and his third consecutive 100+ point, 40+ goal season and fifth of each in the past six seasons, it is no surprise that Draisaitl is going to become the league's highest paid player for at least the next two seasons.