“Edmonton Oilers Announce Groundbreaking $85.4 Million Contract Extension for Superstar Captain Connor McDavid in a Franchise-Defining Move That Reaffirms Their Commitment to Stanley Cup Glory, Sends Shockwaves Through the NHL, and Solidifies McDavid’s Legacy as One of the Greatest Players of His Generation—With the Deal Spanning Five Years, Making Him One of the Highest-Paid Athletes in Professional Hockey, While Ensuring the Oilers’ Championship Window Remains Wide Open With Their Franchise Cornerstone Locked In Through the Prime of His Career”
In a blockbuster announcement that has electrified the NHL and thrilled Edmonton Oilers fans across North America, the franchise officially revealed that Connor McDavid, their superstar captain and generational talent, has signed a new five-year contract extension worth $85.4 million. The deal, which averages out to $17.08 million per year, will begin at the end of McDavid’s current contract and will keep him in an Oilers uniform through the 2031 season.
The announcement, made during a packed press conference at Rogers Place, marks a massive moment not just for the team, but for the entire hockey world. McDavid, widely considered the best player in the NHL, has racked up multiple Art Ross and Hart Trophies and led the Oilers to consistent playoff appearances. This new deal is seen as a clear signal of Edmonton’s ambition to win the Stanley Cup—something the city has craved since the glory days of Wayne Gretzky.
“I love Edmonton, I love the fans, and I believe in what we’re building here,” McDavid said. “This is where I want to win.”
Oilers GM Ken Holland called McDavid “the foundation of our future,” emphasizing the organization’s intent to build a championship team around their captain. The contract includes performance bonuses, a full no-move clause, and a leadership clause that ensures McDavid plays a pivotal role in roster decisions.
With this extension, McDavid becomes one of the highest-paid players in hockey history, and the Oilers now have a golden opportunity to capitalize on their core. The race to bring the Stanley Cup back to Edmonton just became more urgent—and more real.