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Dollars And Sense: McDavid’s Next Deal

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The Oilers can extend Connor McDavid on July 1st. What will his next deal look like?

NHL: Stanley Cup Playoffs-Edmonton Oilers at Anaheim Ducks Gary A. Vasquez-USA TODAY Sports

During Peter Chiarelli's end of year press conference, much was discussed. Does the team re-sign Kris Russell? Should the team pursue another defenceman? What about Leon? Is he a first line right wing, or a second line centre?

One thing that was discussed shortly and sweetly was the fact that both Leon Draisaitl and Connor McDavid are going to need new deals in July. Let's take a quick look at what McDavid's deal might look like.

. A LOT

Connor McDavid is going to make a lot of money beginning in 2018-19. I don't think anyone has any belief otherwise. He's got one more year in his entry level deal before the numbers jump exponentially. Are there really any comparables for McDavid?

Not really. But here’s a couple of players you might have heard of before.

SIDNEY CROSBY

Don't think I need to go too far in depth to explain who Sidney Crosby is, but he signed a five year deal back in 2008 that averaged 8.7MM a year. He did the Penguins a solid by signing a twelve year deal in 2013 with the same cap hit. He’s got a full NMC throughout the deal.

ALEX OVECHKIN

Ovechkin is reaching the back end of a monster deal that averages a 9.5MM cap hit. He’s got a modified NTC throughout the remainder of the deal. Every time the Caps fail to advance past the first or second round, you always hear murmurs that Ovechkin should be moved for the parts of a 1995 Buick Skylark. His deal is still very, very good for the Capitals.

WHAT FOR MCDAVID?

I see some numbers on Twitter from some folks that say McDavid might be inclined to do a 9.7MM a year deal, which would be fantastic for the Oilers. I don't know that I'd count on that, as he'd be leaving a ton o' cash on the table. If McDavid signs a deal for whatever his jersey number is, I can't understand for the life of me why the Oilers didn't try to talk him down to a single digit.

BUT SERIOUSLY

This is an upcoming deal that will be the most important deal for the Oilers for the next (hopefully) eight years. Leon Draisaitl’s deal is also right next to this one, and his cap hit will be felt next season.

A lot of hopefuls out there see McDavid keeping it under 10 million a season, it would be a giant sacrifice from the young man. It wouldn’t shock me to see his AAV reach twelve or thirteen million per season, and I think there’s a very real chance we get there. He’s going to be Edmonton’s most important player (as well as the league), and he’ll get what he deserves.

Poll

What will Connor McDavid's new deal look like?

This poll is closed

  • 42%
    8 years, less than 11 million per season
    (267 votes)
  • 31%
    8 years, 11-12 million per season
    (200 votes)
  • 12%
    8 years, 12-13 million per season
    (81 votes)
  • 5%
    8 years, greater than 13 million per season
    (37 votes)
  • 7%
    Something else (leave comment)
    (46 votes)
631 votes total Vote Now