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1h ago

Connor McDavid Signs Two-Year, $25 Million Extension That Preserves Oilers’ Cap Space

He kept his cap hit at $12.5 million to prioritize roster flexibility during Edmonton’s short championship window.

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Overview

  • McDavid confirmed the two-year, $25 million deal keeps his AAV unchanged through 2027–28 and said it reflects his focus on winning and removing a season-long distraction.
  • Oilers GM Stan Bowman called the talks “unique” and said the $12.5 million figure was McDavid’s choice rather than a club-driven ask.
  • Reporting from The Athletic, cited by Bleacher Report, says McDavid’s camp proposed the below-market AAV after calculating a roughly $15 million threshold and intentionally left about $2.5 million per year on the table.
  • The extension positions McDavid at about 12% of the cap when it kicks in as the NHL ceiling rises, with context set by Leon Draisaitl’s $14 million AAV this season and Kirill Kaprizov’s record $17 million hit starting in 2026–27.
  • Analysts say the savings give Edmonton latitude to target needs such as goaltending, a top-four defenseman or a prime scoring partner, raising expectations after back-to-back Stanley Cup Final losses; Auston Matthews praised McDavid’s win-first approach.