The Edmonton Oilers fell short of the Stanley Cup in 2024. Connor McDavid had a historic postseason and helped lead his team to Game 7 of the Stanley Cup Final. However, they fell just two goals short of winning it all.

The Panthers defeated the Oilers 2–1 in Game 7, marking the closest McDavid and the team have come to winning the Stanley Cup during his tenure in Edmonton. It was also the franchise’s first return to a Game 7 Final since their loss to the Carolina Hurricanes in 2006.

Although McDavid's next contract will likely set a new high-water mark for this era of NHL players, it'll still be a bargain for the Oilers.

With the Edmonton Oilers signing Leon Draisaitl to a record-setting contract, what kind of deal will Connor McDavid make when it's his turn?

The Oilers now have two of the NHL’s best players—Draisaitl and Connor McDavid—locked in for the foreseeable future, assuming McDavid inks his own long-term extension once he is able to do so on July 1, 2025.

McDavid is the best player in today’s game, by far, and Draisaitl’s deal essentially provided the starting point in what stands to be a very short, if not pointless, discussion.

Elliotte Friedman reported on his recent 32 Thoughts podcast that as Connor McDavid approaches the possibility of extending his contract with the Edmonton Oilers next summer, speculation is mounting about what salary he might command.

Leon Draisaitl and Connor McDavid have dominated the NHL for years. The duo is the highest-scoring pair since the 2015-16 season, when McDavid entered the league, combining for 1,843 points (934 from McDavid and 909 from Draisaitl).