What happened: The 21-year-old became extension-eligible July 1 and expects negotiations to remain on hold for at least a few weeks. He is focused on preparing for the upcoming season.
Why it matters: Michkov can become a restricted free agent after 2026-27, preserving Philadelphia’s team control beyond his current deal. An early extension could establish a long-term cost before another season shapes his value.
By the numbers: Michkov’s three-year entry-level contract carries a $950,000 annual cap hit and expires after the 2026-27 season.
What to watch: Training camp opens Sept. 17, providing the next clear checkpoint for negotiations.