NHL Trade Rumors: Connor McDavid contract extension with Edmonton Oilers expected soon

Connor McDavid’s future with the Edmonton Oilers appears to be coming into focus as reports suggest a contract extension could be finalized in the coming days. While no terms have officially been confirmed, multiple insiders are pointing to early September as the likely timeline.

With McDavid entering the final stages of his current deal, the extension would be one of the biggest storylines of the NHL offseason.

Edmonton Oilers and Connor McDavid closing in on contract extension talks

At the end of last season, McDavid stated that signing with Edmonton would be “no problem” if he believed the team had a strong window to compete for championships. That statement, combined with recent reports, now points to negotiations entering their final stretch. According to NHL insider Elliotte Friedman on the 32 Thoughts podcast, the Oilers plan to address the extension once McDavid finishes with Team Canada in Calgary.

The expectation is that discussions will resume immediately when he returns to Edmonton.Meanwhile, speculation from the 2 Mutts Podcast has suggested that a deal could be announced by or on September 3, coinciding with the same date Leon Draisaitl signed his extension last year. Early rumors indicate the new contract could be for three to four years with an average annual value around $16 million.

Connor McDavid contract extension announcement expected to be a major event for Edmonton Oilers fans

Beyond the financial terms, the Oilers are preparing to make McDavid’s extension a headline moment.

Rather than handling the announcement through a simple virtual update, the organization is reportedly planning a press conference at Rogers Place. Oilers Nation content creator Woz highlighted that such an approach makes sense given the significance of McDavid’s deal and the energy it could bring heading into training camp.

If finalized, the extension would not only provide stability for the Oilers but also signal McDavid’s commitment to the franchise’s immediate championship aspirations.

With Draisaitl already under contract and Edmonton maintaining a strong core, the team’s long-term competitive window looks secure.While details remain subject to change, all indications suggest that Connor McDavid and the Edmonton Oilers are closing in on a deal that could be finalized in early September. The extension would represent another milestone for the franchise and reassure fans that their captain remains committed to leading the Oilers in pursuit of a Stanley Cup.Also Read: Florida Panthers bring in Luke Kunin on one-year contract for 2025-26 season