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Oilers plan $40M in contract extensions for McDavid, Draisaitl, and Bouchard. Get the latest NHL trade rumors and Oilers news.

As the NHL offseason heats up, the Edmonton Oilers are making headlines with their ambitious plans to secure the futures of their top talents.

NHL insider Frank Seravalli has predicted that the Oilers are poised to invest a staggering $40 million in new contracts for superstars Connor McDavid, Leon Draisaitl, and defenseman Evan Bouchard.

Oilers Begin Contract Talks for McDavid, Draisaitl, and Bouchard

Seravalli reports that the Oilers’ management has already initiated contract extension discussions with Leon Draisaitl. The 28-year-old forward, who can become an unrestricted free agent next July, is a critical piece of Edmonton’s offensive arsenal. His current contract, which has been a bargain for the production he’s provided, necessitates a significant raise. Seravalli speculates that Draisaitl’s next deal could command an average annual value (AAV) of $14 million.

Meanwhile, Evan Bouchard, the 24-year-old defenseman, is another priority for the Oilers. As a restricted free agent with arbitration rights this summer, Bouchard’s negotiations will be crucial. His growth and development have been integral to the Oilers’ blue line, and a $10 million AAV contract could be on the horizon for the promising defenseman.

Connor McDavid, the face of the franchise and arguably the best player in the world, has a contract that runs through 2026. However, the Oilers are keen to extend their captain’s tenure in Edmonton as soon as possible. While McDavid cannot officially re-sign until next July, preliminary talks are expected to begin, with an eye on a deal that could reach an unprecedented $16 million AAV. This reflects McDavid’s unmatched skill and importance to the team, ensuring he remains the cornerstone of the franchise.

The projected $40 million investment in these three players underscores the Oilers’ commitment to sustaining a championship-caliber team. With the NHL salary cap projected to reach $100 million in two years, these high-value contracts would be strategically feasible, allowing Edmonton to retain its elite core while remaining competitive in the market.

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By securing long-term deals for McDavid, Draisaitl, and Bouchard, the Edmonton Oilers are not only investing in their present success but also laying the foundation for a bright future. This strategic move will keep the Oilers competitive and ensure that their star players remain integral parts of the team’s quest for the Stanley Cup.

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