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 could have become unrestricted free agent after this season
www.nhl.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.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.comEdmonton center eligible to sign new contract on July 1, has 1 year remaining on current deal
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.comNo. 97 is sticking with the Oilers through 2027-28 -- with a wide range of downstream impacts around the NHL.
www.espn.comMcDavid is undoubtedly hockey's greatest talent. He isn't quite paid like it, however.
www.sportingnews.comEdmonton 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.com