Connor McDavid agreed to a two-year Oilers extension at 12.5M AAV, keeping Edmonton's cornerstone in place through 2027-28 and preserving a potential 2028 free-agent rush. The move foregrounds a Cup pursuit over headlines about his next deal, while shifting focus to Edmonton’s ability to build a winner around him and Leon Draisaitl.

Winners and losers emerge: McDavid gains stability and a clear short-term window; Crosby becomes the other flashpoint in Pittsburgh; Edmonton fans celebrate a committed core; Bowman's cap strategies and Knoblauch/Jackson's roles draw scrutiny; Kaprizov's and Kaprizov-era deals loom as benchmarks. The tax debate and potential 2028 dynamics linger, with McDavid’s legacy tied to Edmonton’s championship arc.

Connor McDavid signed a two-year, $25 million extension with the Edmonton Oilers, a $12.5 million AAV that begins in 2026-27. The deal preserves the franchise centerpiece through his prime as Edmonton contends for another Stanley Cup, highlighted by his 33 postseason points in 22 games that tied Leon Draisaitl for the scoring lead.

Leon Draisaitl followed with an eight-year, $112 million pact ($14 million AAV), cementing the Oilers’ high-end duo. Edmonton GM Stan Bowman emphasized McDavid’s importance and patience, while McDavid stressed a winning focus. The pair anchors Edmonton’s offense for fantasy relevance, even as cap considerations pressure depth pieces.

Connor McDavid signed a two year extension with the Edmonton Oilers worth 25 million total and 12.5 million per season, keeping the star center under contract through at least the 2027-28 window. The deal preserves his 12.5 million cap hit while extending his tenure in Edmonton after he was nearing free agency following the 2025-26 season. Edmonton opens 2025-26 vs Calgary with McDavid locked in for the near term, signaling stability as the team pursues a deep playoff run.

Market context shows McDavid joining a crowded top earners list by cap hit, with Draisaitl at 14M and Matthews at 13.25M among the league leaders. The largest NHL contracts all time are Kirill Kaprizov at 136M over eight years and Ovechkin at 124M over 13 years, underscoring McDavid’s position among the truly elite players even as the Oilers negotiate long term. The extension comes after reported talks from well respected insiders and caps off a narrative of Edmonton prioritizing McDavid as the franchise cornerstone.

Fantasy impact centers on McDavid’s continued supremacy and the Oilers’ ability to build around him. With McDavid and Draisaitl anchored, Edmonton remains a favorable environment for big point outputs, while the two year frame keeps options flexible for future roster moves. Expect McDavid to drive Shooting and Points upside while the Oilers manage cap flexibility for supporting pieces around him.