Edmonton Oilers star Connor McDavid signed a two-year contract extension on Monday, Oct. 6, but it won’t make him the highest-paid player in the league or even his team.
McDavid agreed to an two-year contract extension worth $25 million for a $12.5 million cap hit, matching his current mark. That keeps him below Oilers teammate Leon Draisaitl, who will average $14 million, starting this season.
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The lack of a raise gives the team the chance to add players around the McDavid-Draisaitl duo.
“Connor’s commitment to our team and our city is surpassed only by his singular focus on bringing a Stanley Cup back to fans of the Edmonton Oilers,” general manager Stan Bowman said in a statement.
Minnesota Wild forward Kirill Kaprizov signed the richest deal in NHL history – eight years, $136 million with a $17 million cap hit – during training camp.
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Minnesota Wild left wing Kirill Kaprizov smiles as center Marco Rossi scores the first goal of the game against the Dallas Stars in the first period at Grand Casino Arena in Saint Paul, Minnesota, on Sept. 25, 2025.

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Minnesota Wild left wing Kirill Kaprizov smiles as center Marco Rossi scores the first goal of the game against the Dallas Stars in the first period at Grand Casino Arena in Saint Paul, Minnesota, on Sept. 25, 2025.

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Kirill Kaprizov of Team Russia skates with the puck against Team Canada during a game at the 2017 IIHF World Junior Hockey Championships at the Air Canada Centre on Dec. 26, 2016, in Toronto.

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Olympic Athlete from Russia Kirill Kaprizov celebrates after scoring a hat trick against Slovenia in the third period during the men’s ice hockey group round game at Gangneung Hockey Centre on Feb. 16, 2018, in Gangneung, South Korea.

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Gold medal winners Sergei Mozyakin and Kirill Kaprizov of the Olympic Athletes from Russia celebrate after defeating Germany 4-3 in overtime during the men’s ice hockey championship in the 2018 Winter Olympics at Gangneung Hockey Centre on Feb. 25, 2018, in South Korea.

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Minnesota Wild left wing Kirill Kaprizov scores a goal off a deflected puck from Los Angeles Kings goalie Jonathan Quick during the overtime at Staples Center in Los Angeles on Jan. 14, 2021. It was Kaprizov’s first goal in the NHL.

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Kirill Kaprizov of the Minnesota Wild celebrates his game-winning goal with Nick Bonino and Victor Rask during a 4-3 overtime win over the Los Angeles Kings in the season opener at Staples Center on Jan. 14, 2021, in Los Angeles. It was Kaprizov’s first goal in the NHL.

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Kirill Kaprizov of the Minnesota Wild attempts to pass the puck as Marcus Sorensen of the San Jose Sharks defends him during the third period at Xcel Energy Center on Jan. 22, 2021, in St. Paul, Minnesota.

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J.T. Compher and Gabriel Landeskog of the Colorado Avalanche fight for the puck against Kirill Kaprizov of the Minnesota Wild in the first period at Ball Arena on Feb. 2, 2021, in Denver.
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Kirill Kaprizov of the Minnesota Wild congratulates Mats Zuccarello after his goal against the Colorado Avalanche in the first period at Ball Arena on Feb. 24, 2021, in Denver.

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Kirill Kaprizov of the Minnesota Wild waits for a faceoff in the third period of a game against the Vegas Golden Knights at T-Mobile Arena on March 3, 2021, in Las Vegas.

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Minnesota Wild left wing Kirill Kaprizov celebrates with teammates after scoring a goal against the Arizona Coyotes in the third period at Xcel Energy Center in Saint Paul, Minnesota, on March 12, 2021.

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Minnesota Wild left wing Kirill Kaprizov celebrates his goal against Arizona Coyotes goaltender Darcy Kuemper during the first period at Gila River Arena in Glendale, Arizona, on April 19, 2021. Kaprizov scored his first career hat trick in the game.

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Minnesota Wild forward Mats Zuccarello celebrates his goal with forward Kirill Kaprizov during the second period against the Winnipeg Jets at Xcel Energy Center in Saint Paul, Minnesota, on Nov. 26, 2021.

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Minnesota Wild forward Kirill Kaprizov scores the game-winning goal during a shootout on Toronto Maple Leafs goalie Jack Campbell at Xcel Energy Center in Saint Paul, Minnesota, on Dec. 4, 2021.

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Kirill Kaprizov of the Minnesota Wild in the first period at Staples Center on Dec. 11, 2021, in Los Angeles.

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Kirill Kaprizov of the Minnesota Wild waits for the faceoff in the second period of the NHL game against the St. Louis Blues during the NHL Winter Classic at Target Field on Jan. 1, 2022, in Minneapolis.

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Chicago Blackhawks defenseman Seth Jones and left wing Alex DeBrincat get into a scrum with Minnesota Wild center Joel Eriksson Ek and left wing Kirill Kaprizov during overtime at Xcel Energy Center in Saint Paul, Minnesota, on Jan. 22, 2022.

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Kirill Kaprizov of the Minnesota Wild skates with the puck ahead of Dylan Larkin of the Detroit Red Wings during the game between the Atlantic Division and the Central Division during the 2022 Honda NHL All-Star Game at T-Mobile Arena on Feb. 5, 2022, in Las Vegas.

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Minnesota Wild left wing Kirill Kaprizov looks on during the third period against the Carolina Hurricanes at Xcel Energy Center in Saint Paul, Minnesota, on Feb. 12, 2022.

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Kirill Kaprizov of the Minnesota Wild shoots the puck to score a goal against the Detroit Red Wings in the second period of the NHL game at Xcel Energy Center on Feb. 14, 2022, in St. Paul, Minnesota.

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Minnesota Wild left wing Kirill Kaprizov and Calgary Flames left wing Matthew Tkachuk get into a scrum during the first period at Scotiabank Saddledome on Feb. 26, 2022, in Calgary.

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Kirill Kaprizov of the Minnesota Wild celebrates his third-period goal against the Detroit Red Wings at Little Caesars Arena on March 10, 2022, in Detroit.

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Minnesota Wild left wing Kirill Kaprizov is congratulated by right wing Mats Zuccarello after his goal against the Carolina Hurricanes during the third period at PNC Arena in Raleigh, North Carolina, on April 2, 2022.

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Minnesota Wild left wing Kirill Kaprizov celebrates his hat trick against the St. Louis Blues in the third period of Game 2 of the first round of the 2022 Stanley Cup Playoffs at Xcel Energy Center in Saint Paul, Minnesota, on May 4, 2022.

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Minnesota Wild left wing Kirill Kaprizov celebrates his game-winning goal in overtime against the Vancouver Canucks at Xcel Energy Center in Saint Paul, Minnesota, on Oct. 20, 2022.

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Minnesota Wild left wing Kirill Kaprizov shoots the puck during the warmup period against the Calgary Flames at Scotiabank Saddledome in Calgary on Dec. 7, 2022.

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Minnesota Wild left wing Kirill Kaprizov is tripped by Detroit Red Wings defenseman Jordan Oesterle during the second period at Xcel Energy Center in Saint Paul, Minnesota, on Dec. 14, 2022.

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Kirill Kaprizov participates in the 2023 NHL All-Star Game at FLA Live Arena on Feb. 4, 2023, in Sunrise, Florida.

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Dallas Stars center Max Domi fights with Minnesota Wild left wing Kirill Kaprizov during the third period in Game 2 of the first round of the 2023 Stanley Cup Playoffs at American Airlines Center in Dallas on April 19, 2023.

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Kirill Kaprizov of the Minnesota Wild skates with the puck against Robert Thomas of the St. Louis Blues during the game between Team MacKinnon and Team McDavid during the 2024 NHL All-Star Game on Feb. 3, 2024, in Toronto.

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Kirill Kaprizov of the Minnesota Wild celebrates his power play goal against the Vancouver Canucks in the third period at Xcel Energy Center on Feb. 19, 2024, in St. Paul, Minnesota. The Wild defeated the Canucks 10-7 thanks to hat tricks from Kaprizov and Joel Eriksson EK.

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Minnesota Wild left wing Kirill Kaprizov celebrates his third goal of the game as hats rain down on the ice during the third period against the San Jose Sharks at Xcel Energy Center in Saint Paul, Minnesota, on March 3, 2024.

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Mats Zuccarello of the Minnesota Wild celebrates his goal with Kirill Kaprizov during the second period against the Florida Panthers at Amerant Bank Arena on Oct. 22, 2024, in Sunrise, Florida.

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Minnesota Wild forward Kirill Kaprizov jumps as he deflects a puck towards Vegas Golden Knights goalie Adin Hill during Game 6 of the first round of the 2025 Stanley Cup Playoffs at Xcel Energy Center in Saint Paul, Minnesota on May 1, 2025.
McDavid, a three-time MVP, had been the top-paid player when he signed an eight-year extension that averaged $12.5 million. It took effect in the 2018-19 season.
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He since has been surpassed by Nathan MacKinnon ($12.6 million), Auston Matthews ($13.25 million), Draisaitl and Kaprizov.
McDavid said after the Stanley Cup Final, where the Oilers lost to the Florida Panthers for the second year in a row, that he needed some time to regroup and talk to his agent and family. He said there was no rush on the decision.
A key to his decision would be whether the Oilers could finally get over the top and also what was best for himself and his family.
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Edmonton traded Evander Kane and Viktor Arvidsson, and let Corey Perry, Connor Brown, Jeff Skinner and John Klingberg go to free agency. The Oilers re-signed Evan Bouchard and Kasperi Kapanen and added free agents Andrew Mangiapane and Curtis Lazar. They traded for Hobey Baker Award winner Isaac Howard and signed him to an entry-level contract. They traded for goaltending depth in Connor Ingram.
This article originally appeared on USA TODAY: Connor McDavid contract details: Where 2-year extension ranks