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NHL News: Oilers reportedly ready to end Connor McDavid saga with extension alongside two key teammates

The Edmonton Oilers may have signaled they’re ready to extend superstar captain Connor McDavid, along with two other key pieces, ahead of training camp.

Connor McDavid #97 of the Edmonton Oilers poses for a portrait before the 2022 NHL All-Star game at T-Mobile Arena on February 04, 2022 in Las Vegas, Nevada.
© Christian Petersen/Getty ImagesConnor McDavid #97 of the Edmonton Oilers poses for a portrait before the 2022 NHL All-Star game at T-Mobile Arena on February 04, 2022 in Las Vegas, Nevada.

The Edmonton Oilers, led by superstar Connor McDavid, are focused on locking in their core group ahead of the 2025–26 NHL season. After back-to-back Stanley Cup Final appearances without lifting the trophy, management is now seeking long-term stability around its offensive cornerstones.

Edmonton has already made notable progress by signing Evan Bouchard to a four-year, $42 million contract in June, securing a major piece of their future on the blue line. Meanwhile, the presence of young prospects such as Matt Savoie, Ike Howard, and David Tomasek suggests the Oilers are aiming to strike a balance between youth and veteran experience on the main roster.

With just $225K left in salary cap space, every move must be strategic to avoid limiting future flexibility. Still, the Oilers appear committed to meeting a self-imposed deadline for three major contract extensions, including one for their captain, McDavid, whose future remains uncertain.

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The Oilers’ potential extensions

NHL insider Bob Stauffer has revealed that Edmonton may be close to signing a new deal with their captain and franchise face. “I’m 100% confident McDavid will be extended this offseason,” he said. A contract extension for the 28-year-old forward would be a major win for the Oilers.

Mattias Ekholm, #14 of the Edmonton Oilers, during an NHL game against the Washington Capitals at Capital One Arena in Washington D.C., United States of America.

Mattias Ekholm, #14 of the Edmonton Oilers, during an NHL game against the Washington Capitals at Capital One Arena in Washington D.C., United States of America.

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At the same time, Stauffer believes the Oilers are also planning to extend Jake Walman and Mattias Ekholm before training camp begins, moves that would eliminate nearly all remaining uncertainty surrounding the franchise. The chances of all three negotiations being successfully completed appear strong.

NHL News: Connor McDavid, Oilers reportedly facing growing crisis amid lack of confidence in Edmonton’s No. 1 priority

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The impact of Walman and Ekholm

Walman, acquired midway through last season, proved to be a key contributor on the Oilers’ defensive unit. His performance likely earned him the green light for a long-term extension. Ekholm, a 35-year-old veteran, may not have the same level of impact on cap decisions, but his presence remains valued in the locker room and on the ice.

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