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Connor McDavid Signs Two-Year, $25 Million Extension at Same $12.5 Million AAV

The below-market choice boosts Edmonton's cap flexibility for immediate upgrades toward a three-year title push.

Overview

  • The extension runs through the 2027–28 season, keeping McDavid at $12.5 million annually and delaying any unrestricted free agency decision until after that year.
  • Edmonton GM Stan Bowman called the talks unique and said discussions with McDavid’s camp were not about term or dollars, focusing instead on the team’s direction.
  • Analysts note McDavid passed on higher comparables such as Leon Draisaitl’s $14 million AAV and Kirill Kaprizov’s $17 million, characterizing the deal as below market.
  • Reporting indicates McDavid’s representatives proposed the $12.5 million figure after assessing a roughly $15 million cap threshold and electing to go lower to aid roster building.
  • Commentary frames the pact as creating a near-term, three-season window to win the Stanley Cup, with some observers speculating he could reassess his future in 2028 if that goal is missed.