As Connor McDavid’s contract nears its 2026 expiry, speculation swirls about his potential move (Getty Images) As NHL teams gear up for a potential free-agent frenzy in 2026, the league’s eyes are firmly locked on one name—Connor McDavid. With his current contract set to expire on July 1, 2026, rumors are flying about whether the Edmonton Oilers captain could bolt for a big-market franchise like the Toronto Maple Leafs, New York Rangers, or Los Angeles Kings. But according to longtime Oilers broadcaster Gene Principe, the signs point toward McDavid staying right where he is.
Gene Principe says Connor McDavid’s heart is still in Edmonton despite Stanley Cup heartbreak
During a July 15 appearance on the Spittin’ Chiclets podcast, Gene Principe confidently pushed back on the speculation. When asked how likely he thought it was that Connor McDavid would stay, Principe said, “You know, I’m really confident.” He attributed that to the emotional toll McDavid has endured after two straight Stanley Cup Final losses to the Florida Panthers.
The Golf Fight Heard Round The World w/ Nick Tarnasky + Gene Principe – Ep. 573
“I just saw a guy who’s given everything and then some,” Principe said, describing McDavid as “gutted” following the 2025 loss. Even in that heartbreak, McDavid didn’t lash out or hint at leaving. Instead, he told fans, “Stick with us, because for all of us, it’s going to pay off.” That, said Principe, “was kind of better than ‘I love you.’”
Leafs, Kings, and Rangers are preparing—but Connor McDavid might call the shots
There’s no denying other franchises are circling. Toronto, in particular, has made no secret of its dream pairing of Auston Matthews and McDavid. As NHL insider Chris Johnston put it, “If McDavid becomes a free agent, of course, the Leafs (would try to sign him)—they’ve been nuts.” But McDavid holds all the leverage. As Johnston added, “He’s going to pick his terms.”McDavid has made his intentions clear: “I’m not in a rush to make any decision… If I feel that there’s a good window to win here over and over again, then signing is no problem.”
Oilers front office makes re-signing their mission
General Manager Stan Bowman affirmed the franchise’s commitment, declaring, “He’s the best player in the league and a no. 1 priority.” While insiders believe an eight-year extension is unlikely, shorter-term deals worth $16–18 million annually are on the table. The message from Edmonton? They’re all-in on keeping McDavid—and right now, it seems he just might be all-in on staying.Also Read: Stanley Cup shame sparks Oilers’ panic move—goalie coach out as franchise refuses to face roster truth