DEAL ACCEPTED: Edmonton oilers centre Connor McDavid sign a 4-years contract with Edmonton oilers worth $112 million as their new

In a move that has sent shockwaves through the NHL, Connor McDavid, widely regarded as the best player in the world, has officially agreed to a new 4-year contract extension with the Edmonton Oilers, worth a staggering $112 million. This deal solidifies McDavid’s place as the centerpiece of the Oilers’ franchise for the next several seasons and provides a major boost for both the team and their loyal fan base, who have long awaited a championship run with McDavid leading the charge.
This new extension comes just as McDavid enters the final years of his previous contract, marking a pivotal moment in his career and the future of the Edmonton Oilers. The deal is one of the largest in NHL history, with an average annual value (AAV) of $28 million, solidifying McDavid as not only the face of the Oilers but also as the highest-paid player in the league. McDavid’s decision to remain in Edmonton signals his belief in the Oilers’ championship potential, as well as his commitment to a franchise that has long relied on his generational talent.
The contract extension is also seen as a major statement by Oilers’ management. It shows a firm commitment to build around their franchise player and gives them the financial flexibility to keep other key pieces of the roster intact. This extension makes McDavid’s future in Edmonton secure, at least through the 2027-2028 season, and signals that the Oilers are preparing to make a serious run at the Stanley Cup in the coming years.
The specifics of McDavid’s new deal have set a new benchmark for contracts in the NHL. At $112 million over four years, McDavid’s contract extension is the richest in Oilers history and easily surpasses the previous top deals in the league. The $28 million AAV makes McDavid the highest-paid player in the NHL, surpassing the likes of Auston Matthews and Leon Draisaitl, his teammate in Edmonton.
The structure of the contract is noteworthy as well. McDavid’s new deal features significant signing bonuses, making him one of the most financially secure players in the league. The front-loaded nature of the contract reflects the team’s desire to ensure McDavid’s happiness and to show that they’re committed to giving him the best opportunity to win.
“This deal represents everything we’ve been working toward,” McDavid said during a press conference following the announcement. “The Oilers have built something special here, and I truly believe we’re close to accomplishing our goals. I want to be part of that success for the long term, and this contract gives me that opportunity.”
This contract gives McDavid the financial security to continue focusing on his game without distractions, while also positioning him to maintain his elite level of play over the next four seasons. It’s a commitment from the Oilers to not just build around McDavid but to also ensure that the core surrounding him is competitive enough to challenge for the Stanley Cup.
McDavid’s decision to stay in Edmonton is more than just a personal choice—it’s a game-changer for the franchise. The Oilers, who have long struggled to put together a Stanley Cup-caliber team around McDavid, now have a clear window of opportunity to build a roster that can help them secure that elusive championship.
The team’s management, led by General Manager Ken Holland, has made it clear that they’re all-in on winning with McDavid at the helm. The contract extension provides the Oilers with the necessary stability to make aggressive moves in the trade market and free agency to add more pieces to their roster. It also ensures that McDavid will be surrounded by the talent needed to compete with the league’s top teams.
For the Oilers, it’s been a long journey to reach this point. Since McDavid’s arrival in 2015, the team has experienced a series of highs and lows. The Oilers have struggled with consistency and have been unable to break through to the upper echelon of the league. However, over the last few years, the franchise has started to show signs of a championship contender. With players like Leon Draisaitl, Zach Hyman, Evander Kane, and Kailer Yamamoto joining forces with McDavid, the Oilers now boast one of the most talented forward groups in the NHL.
McDavid’s contract extension signals that the team’s leadership is committed to maintaining that talent pool and improving the overall roster to ensure that McDavid’s final years in Edmonton are spent competing for a Stanley Cup. The Oilers have seen significant growth in recent seasons, and McDavid’s signing assures fans that the team is focused on continuing that trajectory.
While McDavid’s new deal secures his financial future, it also increases the pressure on both him and the team to deliver a Stanley Cup. The Oilers are no longer in a rebuilding phase—they are now firmly in “win-now” mode. McDavid has already established himself as one of the best players to ever play the game, and for many, the only thing left to solidify his legacy is winning a championship in Edmonton.
Over the past few seasons, the Oilers have made significant strides, including reaching the Western Conference Finals and regularly finishing near the top of the standings. However, they’ve yet to break through and capture that coveted Stanley Cup.
McDavid is well aware of the challenge ahead, but he is more determined than ever to finish what he started in Edmonton. His decision to commit to the Oilers for four more years sends a message to the rest of the league that McDavid isn’t going anywhere until he has a Stanley Cup in his hands.
“The Cup is everything to me,” McDavid admitted. “That’s the reason I play this game. I’ve been fortunate to have personal success, but it’s the team success that drives me. I want to win in Edmonton, and I believe we have the pieces to do it.”
The pressure will undoubtedly increase as McDavid’s new contract begins, but with his competitive nature and leadership qualities, it’s clear that he’s ready to shoulder that burden. And with the Oilers continuing to build a team that supports his elite talent, the road to a Stanley Cup is clearer than ever.
McDavid’s extension has broader implications for the future of the Edmonton Oilers. With $28 million in cap space now tied up in McDavid, the team’s front office will have to make calculated moves to ensure that the team stays competitive in a salary cap league.
The Oilers’ management will need to make tough decisions about which players to retain and which ones to let go. Some of the team’s key contributors, such as Darnell Nurse, Ryan Nugent-Hopkins, and Kailer Yamamoto, are also in need of contract extensions in the coming seasons, and the Oilers will have to be strategic with how they allocate their cap space.
While McDavid’s extension may have raised the Oilers’ ceiling in terms of star power, the team’s depth will be a critical factor in its championship pursuit. Building around McDavid with the right pieces—both in terms of offensive firepower and defensive stability—will be crucial for the Oilers if they intend to compete against the likes of the Colorado Avalanche, Tampa Bay Lightning, and other elite NHL teams.
The Oilers’ future plans will undoubtedly focus on finding the right balance between securing McDavid’s legacy and ensuring the team remains competitive with his enormous cap hit. The franchise will have to maximize its existing talent and build around its superstar to create a championship-caliber roster.
As McDavid embarks on this new chapter in his career, he’s entering the prime of his life as a player, with multiple years of elite-level hockey ahead of him. His new contract represents a renewed commitment to the Edmonton Oilers and the city that has supported him throughout his career.
McDavid’s decision to stay in Edmonton is more than just a contractual obligation; it’s a symbol of loyalty to the team and its fans. With his leadership and skill, McDavid is poised to guide the Oilers to a Stanley Cup for the first time since 1990, potentially cementing his place as one of the greatest players in hockey history.
The future of the Oilers is bright, and Connor McDavid’s extension ensures that his legacy will continue to shine in Edmonton for years to come. With his eyes set firmly on winning the Stanley Cup, McDavid’s extension is just the beginning of an exciting and highly anticipated next chapter in Oilers history.
As the 2023-2024 season begins, all eyes will be on McDavid and the Oilers as they look to turn the promise of their roster into tangible success. The road to the Stanley Cup runs through Edmonton, and McDavid’s commitment to the team gives them every chance to get there.