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1h ago

Connor McDavid Signs Two-Year, $25 Million Extension to Stay With Oilers Through 2027-28

The short-term, team-friendly pact keeps his cap hit at $12.5 million, signaling urgency to build a Cup-caliber roster.

Connor McDavid #97 of the Edmonton Oilers looks on against the Florida Panthers during the first period in Game Two of the 2025 Stanley Cup Final at Rogers Place on June 06, 2025 in Edmonton, Alberta. (Photo by Steph Chambers/Getty Images)
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The Florida Panthers pose with the Stanley Cup after defeating the Edmonton Oilers in Game 6 of the Stanley Cup final in Sunrise, Fla., on Tuesday, June 17, 2025. (AP Photo/Lynne Sladky)
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Overview

  • Edmonton announced the agreement Monday as McDavid confirmed it on social media, with GM Stan Bowman lauding his commitment to bringing a Stanley Cup to the city.
  • The extension carries a $12.5 million average annual value, matching his previous cap hit and contrasting with Kirill Kaprizov’s new $17 million league-high AAV.
  • The deal keeps McDavid under contract through the 2027-28 season, preserving his ability to revisit free agency afterward.
  • Coverage describes the contract as a bridge that offers cap flexibility and increases pressure on management to optimize the roster for a near-term title push.
  • Analysts point to goaltending and overall depth as priorities for upgrades as Edmonton enters the 2025-26 season after consecutive Final losses to Florida.