Connor McDavid Expected to Ink Two-Year Contract Extension with Edmonton Oilers

Connor McDavid’s Contract Extension with the Edmonton Oilers

Connor McDavid’s future with the Edmonton Oilers appears secure as the star forward is expected to ink a two-year contract extension, ensuring his loyalty to the franchise extends beyond the 2027-28 NHL season. This anticipated agreement, which is not set to take effect until the 2026-27 season, is reported to be valued at less than $15 million annually, as noted by The Athletic.

Significance of the Contract

The news of McDavid’s new contract comes right before the Oilers kick off their 2025-26 NHL season, marking a significant moment for both the player and the team. Throughout the offseason, retaining the three-time MVP was a priority for the Oilers, who were keen on reaching an agreement before McDavid entered the final year of his previous contract.

Despite initial skepticism regarding McDavid’s potential departure, recent reports indicated a positive turn in negotiations, with insiders suggesting progress was made just days before the announcement. On the morning of October 6, 2025, McDavid made up his mind to remain with the Oilers, after which contract discussions advanced rapidly, according to NHL journalist Greg Wyshynski.

McDavid’s Career and Achievements

In prior statements, McDavid had expressed a willingness to explore various extension options, reflecting flexibility concerning both short-term and long-term commitments. If an extension had not been offered, he would have faced free agency after the upcoming season, a scenario the Oilers were eager to avoid given McDavid’s monumental impact on the team.

At just 28 years old, McDavid is widely regarded as the best player in the NHL, having surpassed expectations since being selected first overall in the 2015 draft. Over the past decade, he leads the league in scoring with an impressive 100-point margin over his nearest rival. His accolades include three Hart Trophies, four Ted Lindsay Awards, and five Art Ross Trophies, affirming his status in the sport — a recognition underscored by the NHL Network, which labeled him the top player as recently as last weekend.

Pursuit of the Stanley Cup

Despite his individual achievements, McDavid’s pursuit of a Stanley Cup remains unfulfilled. He led the Oilers to the finals in the last two seasons but fell short against the Florida Panthers on both occasions. Nevertheless, his performance in the 2024 postseason earned him the Conn Smythe Trophy, an honor reflecting his exceptional contributions to the team.

Updates will follow as more details emerge regarding McDavid’s contract extension and the Oilers’ upcoming season plans.