Edmonton Oilers Salary

Edmonton Oilers Hockey Club Salary Caps and Projections

Salary Caps

Edmonton Oilers Salary Cap 2023

The Edmonton Oilers are currently operating under a salary cap of $84.5 million. This is the highest salary cap in the NHL, and it gives the Oilers plenty of flexibility to add players to their roster.

Edmonton Oilers Salary Cap 2024

The Oilers' salary cap is projected to rise to $86 million in 2024. This will give the Oilers even more flexibility to add players to their roster as they look to contend for a Stanley Cup.

Contracts

Connor McDavid

The Oilers' captain and superstar Connor McDavid is signed to a contract that will pay him $12.5 million per season through the 2025-26 season. This contract makes McDavid one of the highest-paid players in the NHL.

Leon Draisaitl

The Oilers' other superstar Leon Draisaitl is signed to a contract that will pay him $11.5 million per season through the 2024-25 season. This contract makes Draisaitl one of the highest-paid players in the NHL.

Draft Picks

2023 NHL Entry Draft

The Oilers have three first-round picks in the 2023 NHL Entry Draft. They also have five second-round picks, four third-round picks, and three fourth-round picks.

Salary Cap Space

2023-24 Season

The Oilers have approximately $10 million in salary cap space for the 2023-24 season.

2024-25 Season

The Oilers have approximately $15 million in salary cap space for the 2024-25 season.

Salary Cap Projections

2025-26 Season

The Oilers' salary cap is projected to rise to $88 million in 2025-26. This will give the Oilers plenty of flexibility to add players to their roster as they look to contend for a Stanley Cup.