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53m ago

Connor McDavid Signs Two-Year, $25 Million Extension With Oilers

The short-term, same-cap-hit deal prioritizes cap flexibility for a near-term Cup push.

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, confirming a two-year extension with a $12.5 million AAV that matches McDavid’s current cap hit.
  • The contract takes effect in 2026–27 and keeps the captain under team control through the 2027–28 season.
  • McDavid signaled his decision on social media with “Our journey here continues,” and an NHL source said he chose to stay Monday morning with talks concluding within hours.
  • GM Stan Bowman praised McDavid’s commitment to bringing a Stanley Cup to Edmonton as the team enters the 2025–26 season after two straight Final losses to Florida.
  • The structure is widely viewed as team-friendly in a rising cap environment following Kirill Kaprizov’s $17 million AAV deal, preserving McDavid’s future flexibility.