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Connor McDavid Enters Final Contract Year Without New Deal

Edmonton projects almost $45 million in cap space next summer following roster adjustments to support a likely four-year, $16 million-plus extension

Image
Mar 16, 2025; New York, New York, USA; Edmonton Oilers center Connor McDavid (97) looks to pass against the New York Rangers during the first period at Madison Square Garden. Mandatory Credit: Danny Wild-Imagn Images
The Edmonton Oilers' Connor McDavid (97) celebrates his 100th point with Leon Draisaitl (29) and Darnell Nurse (25) against the Vancouver Canucks at Rogers Place in Edmonton on May 8, 2021.

Overview

  • McDavid is set to play the 2025–26 season as the final year of his eight-year, $100 million contract and will hit unrestricted free agency on July 1, 2026 if no new deal is signed.
  • Insiders describe negotiations as calm with neither side having exchanged formal salary figures.
  • Frank Seravalli predicts McDavid will secure a four-year deal worth between $16 million and $17.5 million per season.
  • Edmonton currently carries minimal cap space but forecasts about $45 million next summer after roster moves aimed at retaining its captain.
  • Should talks falter, major-market teams such as the Kings, Rangers, Maple Leafs and Blackhawks are viewed as potential suitors when free agency opens.