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Oilers' cost to keep Connor McDavid and Leon Draisaitl revealed by insider


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Gabriel Sami
June 17, 2024  (2:41 PM)
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The Edmonton Oilers' star players Connor McDavid and Leon Draisaitl celebrating a goal
Photo credit: Perry Nelson-USA TODAY Sports

The Edmonton Oilers stand at the precipice of major financial decisions as they gear up for the Stanley Cup Finals, chasing the ultimate prize in sports.

Despite their current focus on championship glory, GM Ken Holland must also plan for the future. Leon Draisaitl approaches the final year of his contract, while extensions loom for Connor McDavid and Evan Bouchard, signaling critical negotiations ahead amidst their playoff pursuit.

The price tag for keeping Connor McDavid and Leon Draisaitl with the Oilers, as unveiled by Frank Seravalli.

In a recent report, NHL insider Frank Seravalli discussed the future of the Edmonton Oilers, emphasizing the significant commitment required to secure all three players.
According to Seravalli, extensions for Connor McDavid, Leon Draisaitl, and Evan Bouchard could collectively consume nearly $40 million in cap space.
Frank Seravalli dropped a bomb recently, predicting the Edmonton Oilers' "big three" will have $40 million invested into them by the team. He predicts that Connor McDavid, Leon Draisaitl, and Evan Bouchard will all get max-term deals, worth the following:

McDavid: $16 Million AAV
Draisaitl: $14 Million AAV
Bouchard: $10 Million AAV

The figure is astonishing, especially given the current salary cap of only $83 million. Allocating nearly half of the Edmonton Oilers' cap space to just three players raises eyebrows. Nevertheless, Frank Seravalli assures that the Oilers need not fret, predicting a substantial increase in the salary cap in the coming years.
Seravalli also explained he believes the salary cap will be up to about $100 Million within two seasons, giving the Oilers the flexibility to do this for all three players.

While the Oilers will still need to carefully construct their roster around these three star players, securing their extensions promptly is essential. Delaying could severely limit the Oilers' flexibility in the future. However, if managed strategically, Edmonton has the potential to become an unstoppable force in the league.

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