Connor McDavid signs $25 million contract extension in Oilers boon

Connor McDavid isn’t going anywhere — for now.

The 28-year-old NHL superstar is committing to the Oilers for at least a couple of more years, as he and the team agreed to a two-year, $25 million contract extension on Monday that will keep him in Edmonton through the 2027-28 season.

The $12.5 million average annual value is the same he’s been making since his eight-year, $100 million contract kicked for the 2018-19 season.

“Our journey here continues,” McDavid wrote on X along with several photos from Oilers games with the 2025-26 NHL season set to begin on Tuesday.

McDavid was entering the final year of his contract, and the center’s future was the subject of speculation for the last four months, ever since the Oilers fell to the Panthers in the Stanley Cup Final for the second straight season.

But the short-term extension, while extending the Oilers’ current window to compete for a Cup, still leaves questions about McDavid’s long-term future.

The NHL salary cap is set to go up over the next few years, so McDavid could be in line for a monster payday later on, but he is taking a big discount in the interim to help keep the Oilers competitive.

Last Tuesday, the Minnesota Wild signed winger Kirill Kaprizov to an eight-year, $136 million contract extension. The total value and $17 million AAV are both NHL records.

In 712 career regular-season games, McDavid has 361 goals and 721 assists. The three-time Hart Trophy winner has led the NHL in points in five out of his 10 seasons.

He had 26 goals and 74 assists in 67 regular-season games last season before recording seven goals and 26 assists in 22 playoff games.