Connor McDavid recently signed a two-year extension with the Edmonton Oilers, keeping him in Edmonton through the 2027-28 season. The deal carries an average annual value of about $12.5 million per year, with the extension effective starting in the 2026-27 season. This comes after extended negotiations in 2025, during which McDavid indicated he’d take his time and consider his options before committing beyond the upcoming season.[1][6][7]
If you’d like, I can pull the latest public reactions and potential implications across the Oilers’ payroll and cap situation, or summarize how this extension compares to McDavid’s past contracts and to recent top-level deals in the NHL.[5][9][1]
Sources
Edmonton captain eligible to re-sign July 1, can become UFA after next season
www.nhl.comIs McDavid really going to hit the free agency market in 2026?
www.cbssports.comEdmonton center eligible to sign new contract on July 1, has 1 year remaining on current deal
www.nhl.comConnor McDavid and the Edmonton Oilers agreed to a two-year contract extension with an average annual value of $12.5 million on Monday.
bleacherreport.comOilers Nation’s Jason Gregor has floated an unconventional—and unexpectedly strategic—idea for Connor McDavid’s next extension: a one-year contract at $14.6 million for the 2026‑27 season, followed by a three-year deal averaging about $17 million per annum starting in 2027‑28.
thehockeynews.comEdmonton captain could have become unrestricted free agent after this season
www.nhl.comContract for 20-year-old center will have average annual value of $12.5 million, highest salary cap charge in League
www.nhl.comMcDavid is undoubtedly hockey's greatest talent. He isn't quite paid like it, however.
www.sportingnews.comNo. 97 is sticking with the Oilers through 2027-28 -- with a wide range of downstream impacts around the NHL.
www.espn.com