Connor McDavid announced his own contract extension with the Edmonton Oilers on Monday. "Our journey here continues," McDavid posted on social media [https://x.com/cmcdavid97/status/1975235108597792806] before the Oilers announced his two-year contract extension with a $12.5-million cap hit. TSN’s Ryan Rishaug [https://x.com/TSNRyanRishaug/status/1975234837364838825], Sportsnet's Elliotte Friedman [https://x.com/FriedgeHNIC/status/1975234605947986391] and The Athletic's Chris Johnston [https://x.com/reporterchris/status/1975240536891269186] were among the first to report the agreement and details. The superstar center was eligible to sign a contract extension with the Oilers [https://thehockeynews.com/nhl/edmonton-oilers] since July 1, but he said he wanted to take his time with such a big decision. Despite winning five Art Ross Trophies, four Ted Lindsay Awards, three Hart Trophies, a Conn Smythe Trophy and many more individual honors, McDavid will not have the highest cap hit in the NHL when it kicks in next season. Minnesota Wild [https://thehockeynews.com/nhl/minnesota-wild] left winger Kirill Kaprizov still has the highest cap hit for 2026-27 [https://thehockeynews.com/news/latest-news/richest-contracts-in-nhl-history] after signing an eight-year contract extension worth $17 million annually on Sept. 30. The Oilers are aiming to reach the Stanley Cup final for a third straight season after losing to the Florida Panthers [https://thehockeynews.com/nhl/florida-panthers] in the last two. McDavid’s extension shows the team and player are ready to continue the journey to bring a Cup home to Edmonton. "Connor's commitment to our team and our city is surpassed only by his singular focus on bringing a Stanley Cup back to fans of the Edmonton Oilers," Oilers GM Stan Bowman said in a news release. Connor McDavid (Perry Nelson-Imagn Images) [https://deweb-519a7.b-cdn.net/post-images/af23112e-a145-42ff-bc99-97d04b904185.jpeg] Connor McDavid (Perry Nelson-Imagn Images) McDavid has spent 10 seasons with the Oilers as he enters the final year of his eight-year, $12.5-million contract that he signed back in July 2017. He kept the same cap hit on his new deal, which means teammate Leon Draisaitl's $14-million cap hit remains the highest on the Oilers. He's recorded at least 100 points in the past five seasons and eight times overall, including 105 in the 56-game, 2020-21 season and 153 in 2022-23. Last season, he reached 100 points despite playing in 67 games. He added another 33 points in 22 playoff games. In 712 regular-season contests, McDavid has 361 goals and 721 assists for 1,082 points. He also has 150 points in 96 career post-season games. Image [https://deweb-519a7.b-cdn.net/post-images/912fb598-8b8d-46d9-b1ef-b63994b43fc2.jpeg] Friedman also reported [https://x.com/FriedgeHNIC/status/1975237969037701222] the Oilers are closing in on a seven-year contract extension with defenseman Jake Walman worth $7 million annually. The Oilers kick off their regular season – without the threat of their leader leaving the team in free agency next summer – on Wednesday against the Calgary Flames [https://thehockeynews.com/nhl/calgary-flames] in the Battle of Alberta. For action-packed issues, access to the entire magazine archive and a free issue, subscribe to The Hockey News at THN.com/free [https://thehockeynews.store/products/print-subscription]. Get the latest news and trending stories by subscribing to our newsletter here [http://eepurl.com/i7OC4I]. And share your thoughts by commenting below the article on THN.com.
