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The Edmonton Oilers have made a crucial move in their quest for a championship by announcing Connor McDavid‘s contract extension. The franchise disclosed this agreement on Monday, which sees their star captain securing a two-year deal valued at $25 million (US).
While this deal does not represent a long-term solution, it alleviates significant concerns for the team as they aim to secure the Stanley Cup after falling short in the previous two seasons.
With McDavid poised to become an unrestricted free agent at the end of this season, re-signing him was an essential priority for the Oilers.
Stan Bowman, the team’s executive vice president of hockey operations and general manager, emphasized McDavid’s unwavering commitment to both the franchise and the city, stating, “Connor’s commitment to our team and our city is surpassed only by his singular focus on bringing a Stanley Cup back to fans of the Edmonton Oilers.”
McDavid’s commitment and the team’s prospects
Before the formal announcement, McDavid expressed his enthusiasm on X, the social media platform, stating, “Our journey here continues,” alongside a photo of himself with teammates on the ice at Edmonton’s Rogers Place. This season has seen significant contracts awarded throughout the league, including an eight-year, record-setting $136 million extension for Kirill Kaprizov of the Minnesota Wild.
However, McDavid has chosen to defer maximizing his earnings.
The average annual value of his new contract remains consistent with his previous eight-year deal at $12.5 million, allowing the Oilers to retain their superstar center for an additional two years as they pursue the elusive championship title.
The question remains: Will Edmonton become McDavid’s long-term home?
McDavid’s impressive track record
McDavid is widely regarded as the premier player in the league. He is coming off his fifth consecutive season with over 100 points, despite injury limitations that restricted him to just 67 games.
Since being selected as the first overall pick in the 2015 draft, he has amassed an impressive 1,082 points in 712 regular-season games, comprising 361 goals and 721 assists. Notably, in the 2022-23 season, he achieved personal bests with 64 goals and 153 points, reaching 100 assists in the following season.
Complementing the Oilers’ star power, fellow center Leon Draisaitl secured an eight-year extension worth $112 million in September 2024. Averaging $14 million per year, this deal ties him to the franchise until the end of the 2032-33 season. McDavid’s accolades include five Art Ross Trophy wins as the leading scorer and the Rocket Richard Trophy for the most goals in the league during the 2022-23 season.
Future aspirations and challenges
As McDavid seeks to solidify his legacy, he has also garnered recognition for his playoff performances. He became one of only six players on a Cup-losing team to earn the Conn Smythe Trophy as the playoff MVP in 2024. Over his playoff career, McDavid has accumulated 150 points (44 goals, 106 assists) in 96 games and has won the Ted Lindsay Award four times, recognizing him as the league’s MVP as voted by his peers.
Recently, McDavid played a crucial role in leading Canada to victory in the 4 Nations Face-Off tournament and is slated to lead the NHL’s Olympic return in Italy next year. Since his arrival, he has revitalized the Oilers, helping them end a decade-long playoff drought in 2017. After two seasons without postseason play and two pandemic-affected runs lacking success, the Oilers reached the Western Conference finals in 2022, marking their first appearance since 2006. Despite McDavid’s remarkable performance, they were swept by the Colorado Avalanche, who went on to win the Cup.
Addressing unfinished business
In 2023, the Oilers faced another playoff exit, losing to the Vegas Golden Knights in the second round. Their pursuit of the Stanley Cup culminated in a six-game defeat against the Florida Panthers this past June. Following the finals, McDavid expressed his determination to overcome these challenges, stating his desire to address the unfinished business with the Oilers. He also highlighted the importance of making decisions that prioritize his family’s well-being, saying, “Ultimately, still need to do what’s best for me and my family,” during a statement at Rogers Place.
