With his contract almost up, the Edmonton Oilers are mulling their options as they now prepare to offer everything they’ve got to keep their main star Connor McDavid with the hopes of keeping him for good. However, they will have to wait until the star center is ready to engage in contract discussions before they can put up a lucrative deal now more than ever.

Most of the discussions with McDavid in the past few weeks after being eliminated in the Stanley Cup Final was all about how the team can improve its chances, what they need to work out on this offseason – but way never about the contract that he needs to stay with the team for the years to come.

At the age of 28, McDavid is coming off back-to-back losses in the Stanley Cup Final. He is still in his prime years, and he is also approaching the final year of his eight-year, $100 million deal that he signed way back in July 2017. This just means that he could either sign yet another big deal, or the worst-case scenario – see how the coming season will turn out for the Oilers before inking a deal, or try out his worth in the free agency market.

A Big Season Coming Up

The 2025-26 NHL season will be the biggest for McDavid. Entering his 11th year in the squad, the center has become quite a phenomenal performer – tallying 1,082 points (361 goals, 721 assists) in 712 regular-season games and 150 points (44 goals, 106 assists) in 96 playoff games. He has also won the Hart Trophy (MVP) three times. He also ended up winning the Ted Lindsay Award four times.

Perhaps the best of his feats – the Art Ross Trophy five times and the Conn Smythe Trophy as the finals MVP of the 2025 Playoffs. However, all of these mean nothing unless he adds the final trophy he’s missing in his already historic career – the Stanley Cup.

Reaching the top at the best time of his career is definitely one of the historic moments a player can enjoy. McDavid is certainly keen to reach that point and show that he can be an elite performer when it matters most. This just says a lot about how Edmonton needs to focus on keeping their main star satisfied and actively pursuing the goal.

“This core has been together for a long time, and we’ve been building to this moment all along,” McDavid said. “The work that’s gone on behind the scenes, the conversations, the endless disappointment, and some good times along the way obviously as well. We’re all in this together trying to get it over that finish line.

More Work to Do

Whether or not Edmonton will pursue a new deal with McDavid, the team still has a total of six players entering the free agency market this week. Talents such as forwards Corey Perry, Jeff Skinner, Connor Brown, Kasperi Kapanen, and Derek Ryan, and defenseman John Klingberg are all going that way – as unrestricted free agents.

If they want to keep McDavid, the team also has to surround him with the right talent to win. Luckily, Leon Draisaitl is secured, so there’s no need to come up with more talks around him. Evan Bouchard is currently a restricted free agent, and contract talks are underway. So there’s that.

Until it is possible that McDavid would have a championship core heading for next season locked in, he may not be willing to start contract negotiations as well.