Connor McDavid’s extension remains a patient, cap-aware decision as Edmonton weighs long-term value and a championship window. McDavid has signaled he’ll take his time, while Oilers leadership publicly backs him as a core piece for years. Kirill Kaprizov’s looming deal could lift top salaries, influencing the market and how Edmonton structures around its captain. Cap trajectory, roster balance, and the Cup goal shape the negotiation.

The evolving market and Edmonton’s willingness to preserve flexibility point to an extended process, with structure—length, AAV, protections—carrying as much weight as total dollars. For fantasy managers, the impact hinges on how the Oilers allocate around McDavid once a deal is in place.