Connor McDavid signed a two-year, $25 million extension with the Edmonton Oilers. This contract allows him to remain under contract through the 2027-28 season.
McDavid’s annual average value is $12.5 million. In comparison, teammate Leon Draisaitl has an annual average value of $14 million.
The structure of McDavid’s contract provides the Oilers with significant leverage in a potential trade. With two years remaining on his deal, the team finds itself in a maximum leverage situation.
The salary cap is projected to rise significantly in the coming years, making McDavid’s contract even more favorable for the Oilers. The salary cap is expected to be $95.5 million in 2025-26 and could reach $113.5 million by 2027-28.
However, McDavid has expressed a desire to play in Southern California. A source close to the situation noted, “He really wants to win a Stanley Cup in Edmonton, but he really wants to settle elsewhere.” This sentiment adds complexity to his future with the team.
Key details of McDavid’s contract:
- Two-year extension worth $25 million
- Annual average value of $12.5 million
- Contract runs through 2027-28 season
- Considered team-friendly due to rising salary cap
The Edmonton Oilers must now decide whether to trade McDavid or make a final push for the Stanley Cup. The uncertainty surrounding which teams McDavid would approve for a trade remains unresolved.