Breaking News: McDavid Agrees to Extension With the Oilers

Speaking on the 32 Thoughts podcast, NHL insider Elliotte Friedman notes that signs pointed to a Connor McDavid contract update before the regular season begins on Wednesday. “I do think McDavid wants to give the Oilers clarity — by either signing or explaining specifically why he wouldn’t sign,” Friedman said.

Our journey here continues 🧡💙 pic.twitter.com/7YytCvszz2

— Connor McDavid (@cmcdavid97) October 6, 2025

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Within hours, that turned into several reports from notable insiders that a deal might be announced on Monday afternoon.

While the Oilers haven’t yet scheduled a press conference or media availability ahead of Wednesday’s home opener against the Calgary Flames, we’re keeping our eyes and ears on this. Something might be coming imminently.

“So I think we’re going to have an idea one way or the other in the next day or two,” said Friedman who later tweeted, “We are trending towards a Connor McDavid extension today.” He then updated it to write, “Let’s update this: Connor McDavid will be extending with the Edmonton Oilers.”

Not long after Friedman offered up his thoughts, NHL insider Frank Seravalli posted the following on social media: “Sources: Connor McDavid and the #Oilers have agreed to terms on a contract extension.

TSN’s Ryan Rishaug then noted, “My sense is there’s a very good chance we see a McDavid extension today. Things are moving this morning.” He added, “McDavid deal agreed to.”

Next: McDavid Could Reveal Oilers Contract Decision in Next 48 Hours