Connor McDavid, entering the final season of his eight-year, $100 million deal (expiring summer 2026), has taken a measured approach to his next contract. He emphasized he’s “in no rush” to sign an extension—despite being eligible as of July 1—and is prioritizing winning a Stanley Cup over anything else .
General Manager Stan Bowman echoed that sentiment, confirming talks will begin “whenever [McDavid’s] ready.” While they’ve held organizational discussions—including top executives visiting McDavid’s agent in Ontario—no formal financial negotiations have started yet .
Despite speculation from some columnists that McDavid might opt for a shorter-term deal (possibly four years) rather than another eight-year contract in Edmonton, insiders suggest he’s “almost guaranteed” to re-sign, particularly with Leon Draisaitl already locked in and the organization gearing up to build a championship roster around the duo.

While other teams—like the Boston Bruins, Vegas Golden Knights, and Philadelphia Flyers—have been linked as potential suitors if McDavid enters free agency, those rumors are speculative. McDavid has reaffirmed his commitment to what gives him the best chance to win in Edmonton, and management trusts that belief.
In short: No deal yet, but the tone is optimistic. McDavid has the leverage and time, is clearly focused on team success, and both sides seem intent on finding a long-term agreement—whenever he’s ready.