BREAKING: Connor McDavid Signs Six-Year Extension with Edmonton Oilers Worth $7.75 Million Per Year—Eyes Stanley Cup Glory
Edmonton, AB – July 5, 2025 — In a move that is sending shockwaves through the hockey world, Edmonton Oilers captain Connor McDavid has agreed to a six-year contract extension with the franchise worth $7.75 million annually. The deal cements McDavid’s long-term commitment to the Oilers, who have promised a renewed pursuit of the elusive Stanley Cup, a goal that McDavid has openly stated is his ultimate priority.
The agreement, officially announced Friday morning by the Oilers organization, marks a defining moment for the team and its loyal fanbase. McDavid, widely regarded as the best player in the NHL and one of the most generational talents the league has ever seen, was entering the final year of his previous deal. There had been persistent rumors about his future with the club, but those were emphatically silenced with today’s announcement.
A Bold Deal, A Clear Message
What makes this extension even more noteworthy is the figure itself. At $7.75 million per year, the contract is considered a team-friendly deal in today’s cap-inflated NHL landscape—especially for a player of McDavid’s caliber. This leaves Oilers General Manager Ken Holland and the front office with significant cap space flexibility to build a championship-caliber roster around their franchise cornerstone.
“This isn’t just about money,” McDavid said at a packed press conference at Rogers Place. “It’s about belief—belief in this city, this team, and what we’re building here. I’ve said it before, and I’ll say it again: I want to win a Stanley Cup in Edmonton. That’s what this is all about.”
McDavid’s comments echoed the sentiment of Oilers fans, many of whom have stood by through years of rebuilding and playoff heartbreak. His willingness to accept a below-market deal signals a shift in mentality—not just for himself but for the organization. It’s no longer about individual accolades; it’s about hoisting hockey’s most coveted trophy.
Oilers Promise Renewed Investment in Cup Push
Following the extension announcement, Oilers management assured fans that the franchise is doubling down on its commitment to assembling a championship team. With McDavid and Leon Draisaitl now both signed long-term, the focus will shift to improving the supporting cast and strengthening the team’s depth—areas that have hindered Edmonton in recent playoff runs.
“We’re not taking this lightly,” GM Ken Holland said. “Connor’s commitment inspires us all. Our job now is to surround him with the tools he needs to bring the Stanley Cup back to Edmonton.”
Ownership has reportedly authorized increased spending on player development, scouting, and free agency. Already, insiders suggest the Oilers are eyeing key upgrades on defense and in goal, with rumors linking them to several high-profile free agents.
McDavid’s Legacy in Edmonton
Since being drafted first overall in 2015, Connor McDavid has become the face of the franchise and a beacon of excellence in the NHL. He’s a multiple-time Art Ross and Hart Trophy winner and is often compared to legends like Wayne Gretzky and Mario Lemieux for his on-ice dominance.
Despite his personal success, McDavid’s tenure in Edmonton has been marked by playoff disappointment. The Oilers have made strides in recent years, reaching the Western Conference Final in 2022 and the Stanley Cup Final in 2024, but have yet to finish the job.
With this extension, McDavid is betting on the Oilers—and perhaps even more tellingly, the Oilers are betting everything on him.
“This city deserves a championship,” McDavid added. “I feel the weight of that, and I welcome it. I’m not going anywhere until we make it happen.”
Fans and League React
Reactions poured in across social media from fans, players, and analysts. Former Oilers legend Paul Coffey called the deal “a legacy-defining moment,” while TSN’s Darren Dreger tweeted: “McDavid at $7.75M? That’s a discount worthy of the greatest captains. Edmonton has a real shot now.”
In Edmonton, fans were already lining up outside Rogers Place within hours of the news, some chanting “Go Oilers Go!” and holding up signs reading “Our Captain Forever.”
Final Thoughts
In a league where loyalty and patience are rare, Connor McDavid’s decision to stay in Edmonton on a discounted deal with championship aspirations speaks volumes. It’s a gamble—one that could define his career and the franchise’s future. But it also reignites hope in a city that has lived and breathed hockey since the days of Gretzky, Messier, and the dynasty years.
If the Oilers can finally capture the Cup in the next six years, this deal won’t just be remembered for its dollar value. It will be remembered as the moment Connor McDavid put faith in Edmonton—and brought glory back home.