Just one day before the start of the 2025-26 NHL season, Connor McDavid and the Oilers have agreed to a two-year, $25 million contract extension that will keep him in Edmonton through the 2027-28 season.

Toronto Maple Leafs star Auston Matthews reacts to Connor McDavid’s $12.5M contract extension with the Edmonton Oilers ahead of the 2025-26 NHL season.

The Athletic's NHL insiders react to McDavid's two-year, $12.5 million AAV contract extension with the Oilers.

The Oilers and Connor McDavid reached an agreement on a new contract extension just before the start of the 2025-26 NHL season. McDavid, who was set to play this season on an expiring contract, will now remain in Edmonton for two more seasons, and he'll be playing on a bargain of a contract, no less.

That has only proved profitable for the league's best talents. Leon Draisaitl, Auston Matthews, Nathan MacKinnon and Connor McDavid represent a who's who of hockey royalty in 2025. All four are handsomely rewarded for their services, landing double-digit average annual value (AAV) salaries.

On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams discuss some of the biggest sports business stories of the week, including Connor McDavid’s new two-year, $25 million extension with the Edmonton Oilers.

Connor McDavid told us he wanted to win in Edmonton. Apparently, he meant it.