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8h ago

Bettman Applauds McDavid’s Two-Year, $25 Million Oilers Extension as Team-First Move

The short-term, below-market deal preserves cap flexibility as Edmonton looks to strengthen its roster during a tight Stanley Cup window.

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Overview

  • Connor McDavid signed a two-year extension through 2027-28 at a $12.5 million average annual value, matching his current cap hit.
  • McDavid said he chose the term and number to prioritize winning in Edmonton and to keep the core together for another push.
  • NHL commissioner Gary Bettman called the contract a testament to McDavid’s commitment and said it gives the Oilers added flexibility.
  • The salary cap is $95.5 million this season and is projected to rise to $104 million in 2026-27 and $113.5 million in 2027-28, according to Bettman.
  • The deal is well below recent benchmarks, trailing Kirill Kaprizov’s record AAV and teammate Leon Draisaitl’s $14 million, which could help Edmonton add around the margins.