What Could Matt Savoie’s Next Contract Look Like?

Matt Savoie has quickly gone from an intriguing young player to a legitimate piece of the Edmonton Oilers’ future.

In his first full NHL season, Savoie has shown steady improvement, and it’s been evident in his production since the Olympic break, which has also earned him time on Connor McDavid’s wing. That continued ascension has Oilers fans eager to lock him up long-term sooner rather than later, especially since he becomes eligible for an extension on July 1, 2026.

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With that in mind, Jason Gregor dove into the idea of what a new contract could look like for Savoie, insisting that it will be an interesting negotiation and won’t come cheap if it’s a seven- or eight-year deal.

Gregor said:

“Now I know a lot of people, I’ve seen everybody. Oh, they’ve got to sign him. They’ve got to sign him to a long-term deal. Ok, I understand that from the team perspective, give me the reasons why you think Matt Savoie and his agent are going to rush to sign a contract. Matt Savoie’s a ninth overall pick last year really good first year in the AHL this year in the NHL, just like in the American league, he’s really starting to figure out the second half. Right like, look at Matt Savoie’s production since coming out of the Olympic break. It’s really good, just under a point game player. So what are you gonna sign him for? Because everybody says you’ve got to sign him, for what? What are you signing him for? And don’t tell me 4 million bucks cause why is he signing that for a long-term deal? There’s no chance that Matt Savoie, I guess there’s always a chance, but I’d be stunned if his agent agrees to a seven or eight-year deal at $4 million. Why would he? I’m going to be fascinated to see how the negotiation goe,”

The 22-year-old is in the second year of his three-year, $2,659,998 entry-level contract he originally signed with the Buffalo Sabres after being drafted in 2022. He’s tallied 30 points (13 goals, 17 assists) through 73 games played in Edmonton this season.

While the Oilers and their fans would love to extend Savoie as soon as possible, there’s no real rush on his end, and RFAs typically play out the entirety of their current deals before signing a new one.

If Savoie takes another step forward in 2026-27 and puts up, say, 50 points, he could regret locking himself into a long-term deal at just $4 million in a rising cap environment. As a result, it may be tricky for Edmonton to extend their promising young forward this summer, though that shouldn’t cause concern about his future with the team—it’s just how the business tends to work.

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