The speculation around Connor McDavid's future with the Edmonton Oilers can be put to rest, at least for now. McDavid has signed a two-year, $25 million contract extension with the Oilers, the team announced Monday .
McDavid, a three-time winner of the Hart Trophy as the NHL's MVP, was entering the final year of his current contract at $12.5 million per season. He'll make the same AAV in his new two-year contract extension, which comes in well below market value, especially after the Minnesota Wild signed Kirill Kaprizov to an extension worth $17 million per year . If he had hit free agency next summer, McDavid would have commanded a price tag north of Kaprizov's number, which makes this an extremely team-friendly deal.
McDavid confirmed the extension with a post on social me