`DEAL ACCEPTED: Edmonton Oilers centre Connor McDavid sign a 4-years contract with Edmonton Oilers worth $114 million as their new….see more

In a blockbuster announcement that electrifies the NHL and sends a strong message about loyalty and legacy, Edmonton Oilers superstar Connor McDavid has signed a new 4-year contract extension worth a staggering $114 million, keeping the generational centre in Oil Country through the 2029 season.

The deal, officially confirmed by the team and McDavid’s agent early Wednesday morning, makes McDavid the highest-paid player in NHL history in terms of annual average value (AAV), coming in at $28.5 million per year.

“Connor is not just the face of the Oilers — he’s the face of the league,” said Oilers general manager Ken Holland in a statement. “This deal reflects his value to our organization, our city, and our fans. More importantly, it’s a signal that we’re all in — and Connor is, too.”

A Historic Deal

McDavid’s extension surpasses previous records and redefines what superstar talent is worth in today’s NHL. His previous contract — an 8-year, $100 million deal signed in 2017 — was already one of the most lucrative in the league. But this new agreement solidifies his status as a once-in-a-generation athlete.

The contract includes a full no-movement clause, massive signing bonuses, and performance-based incentives that reward both individual milestones and team success — a structure that insiders say was driven by McDavid’s desire to keep the Oilers competitive under the league’s salary cap.

“I love this city. I love this team. And I’m not done yet,” McDavid said during a press conference at Rogers Place. “We’ve built something special here, and I want to see it through. The goal is a Stanley Cup, and that hasn’t changed.”

Legacy in the Making

At just 28 years old, McDavid has already established himself as one of the most dominant players in NHL history. Since being drafted first overall by the Oilers in 2015, he’s amassed multiple Hart Trophies (MVP), Art Ross Trophies (leading scorer), and Ted Lindsay Awards (most outstanding player as voted by his peers).

In the 2024–25 season, he once again led the league in points, notching 129 in 76 games, and guided the Oilers to the Western Conference Finals. Though the team fell short of a Stanley Cup Final appearance, optimism around the core group remains sky-high — and now, with McDavid committed long-term, fans can breathe a collective sigh of relief.

Oilers All-In on Winning Now

The McDavid deal signals that the Oilers are doubling down on their championship aspirations. With fellow superstar Leon Draisaitl also nearing a contract year, many believe Edmonton will spare no expense to keep its dynamic duo intact.

“Connor signing sends a message to everyone in the locker room and around the league,” said head coach Kris Knoblauch. “This is where the future of hockey lives.”

The front office is expected to be aggressive in free agency and trade discussions this summer, looking to add depth on defense and in net. The McDavid extension gives the organization clarity and momentum — and ensures the team remains a top destination for elite players.

Fan Reaction: Pure Elation

As news of the deal broke, Oilers fans erupted across social media, with hashtags like #McDavid4Life and #OilersDynasty trending across Canada.

“McDavid staying is everything,” said lifelong fan Carla Jensen outside Rogers Place. “He’s our guy. This is our time.”

The Oilers are reportedly planning a fan appreciation event later this week, where McDavid will address supporters directly. Merchandise sales, already among the highest in the league, are expected to surge.

Looking Ahead

With McDavid’s future secured, the question now turns to legacy. Can he bring the Stanley Cup back to Edmonton for the first time since 1990?

“We’ve got unfinished business,” McDavid said, flashing a determined grin. “And I can’t wait to get back to work.”