Connor McDavid is still analyzing what his next move will be and, for now, he has not yet signed a contract extension with the Edmonton Oilers. As expected, that has triggered a huge wave of rumors.

The loss in the Stanley Cup Final against the Florida Panthers has put everything on hold, when just a few months ago there seemed to be no doubts about McDavid’s future in Edmonton.

Time keeps ticking, and as a result, several suitors are starting to prepare in case there’s a surprise. The Toronto Maple Leafs are waiting as a silent favorite, but several contending teams are also on the radar.

What happens if Connor McDavid doesn’t sign extension soon with Edmonton Oilers?

If Connor McDavid doesn’t sign a contract extension with the Edmonton Oilers, the Canadian star will become a free agent on July 1, 2026. It would be one of the most important and unexpected events in NHL history.

It’s crucial to note that McDavid is already eligible to negotiate and sign a new deal with the Oilers, but so far, there have been no talks between both sides in this free agency period.

Is Connor McDavid a free agent?

No. Connor McDavid is not a free agent, but he has every right to wait for his contract to expire to analyze which option suits him best. He can wait to see how the Oilers perform in the 2025-2026 season and, based on that, determine whether Edmonton offers the best opportunity to win the Stanley Cup, or perhaps that chance lies elsewhere.