Connor Mcdavid Contract: Oilers Lock In Two-Year, $25 Million Deal

Connor McDavid contract talks ended with a two-year, $25 million extension with the Edmonton Oilers. The deal gives the captain a $12.5 million annual average value and keeps him under team control through the 2027-28 season.

McDavid and Edmonton

McDavid had been told an extension was coming in Edmonton, and the final number landed below Leon Draisaitl’s $14 million AAV. That gap is small, but it puts McDavid behind the teammate who became the highest-paid player on the Oilers after signing an eight-year, $112 million extension in September 2024.

The shorter term is the bigger detail. The two-year structure gives Edmonton one year to make one last run at the Stanley Cup and leaves two remaining years of control after that run.

Draisaitl’s $14 Million Mark

Draisaitl’s contract reset the top of the Oilers’ pay scale at $14 million per season, and McDavid’s deal sits just beneath it at $12.5 million. That difference leaves Edmonton with its two cornerstone forwards locked in on separate timelines, but still tied to the same title push.

McDavid’s extension also lands after two straight Stanley Cup Final losses to the Florida Panthers. The 2024 loss went seven games, while the 2025 defeat was more decisive, which makes the timing of a shorter extension harder to ignore.

Southern California And LA

The story carries another layer because McDavid wants to play in Southern California for the Los Angeles Kings, and the extension does not erase that possibility. A source said, “McDavid wants to play in LA. It’s going to happen, will be a logistical issue, but you can be sure of this one.”

For Edmonton, the next stretch is set by the deal itself: one last clear Cup window before the contract runs deeper into the 2027-28 season. For McDavid, the agreement keeps the door open on a future far beyond that, while giving the Oilers a defined window to finish the job first.