In a recent announcement, NHL Commissioner Gary Bettman praised Connor McDavid for his strategic approach to contract negotiations. After McDavid signed a team-friendly two-year extension worth $25 million with the Edmonton Oilers, Bettman emphasized the importance of McDavid’s decision during the ongoing NHL season.
Connor McDavid’s Contract Extension
Connor McDavid, the five-time scoring champion, signed this extension to provide the Oilers with greater flexibility in assembling a competitive roster. Bettman highlighted that while McDavid is securing a substantial amount of money, his contract reflects a deep commitment to his team and the city of Edmonton.
Context of the Deal
- McDavid’s original contract was signed in 2017.
- At least five NHL players are expected to earn more annually than McDavid starting in the 2026-27 season.
- His decision comes while other players, like Kirill Kaprizov and Jack Eichel, secure maximum raises.
Bettman stated, “If I were an Oilers fan, I’d be excited.” He acknowledged McDavid’s role in the franchise’s recent Stanley Cup Final appearances, underscoring how this contract reflects a superstar’s values and responsibilities.
NHL Salary Cap Dynamics
The NHL’s salary cap is currently set at $95.5 million and is projected to rise to $104 million next season and $113.5 million the following year. Bettman noted the importance of smoothing salary growth after the challenges posed by the COVID-19 pandemic.
Future of the NHL
- Expansion of the regular season to 84 games is expected next year.
- There’s ongoing interest in league expansion from various cities.
While some concerns have been raised about the dilution of the 2026 free-agent class, Bettman believes fans appreciate continuity on their favorite teams. He argued that many supporters prefer to see established players remain with their teams, enhancing overall fan engagement.
In sum, McDavid’s choice to take a less lucrative deal is a testament to his dedication, according to Bettman. This contract might influence both the current state and future landscape of the NHL, setting the bar high for player negotiations and financial expectations across the league.
