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Matthews’ Extension Won’t Surpass McDavid’s Cap Hit Percentage Record

August 24, 2023 by Pro Hockey Rumors

Connor McDavid and Auston Matthews will always be inextricably linked. They were selected with back-to-back first-overall picks by, as of now, the two best Canadian teams in the league. Therefore, it’s not surprising public discourse has shifted once again to McDavid’s future in Edmonton after Matthews signed his four-year, $53MM extension in Toronto yesterday.

Speaking with Sportsnet’s Mark Spector, when asked about a contract extension, McDavid said, “We’re super comfortable [in Edmonton],” but an extension is also “three years down the road. We’ve got to kind of see where our lives are at and kind of go from there.” He went on to re-avow his commitment to winning a championship with Edmonton’s core. While the tonality of McDavid’s statement may raise some eyebrows, it really shouldn’t – the Oilers’ superstar isn’t exactly known for his unfiltered approach to interviews. While there is always the chance McDavid departs in free agency should things in Edmonton go horribly wrong over the next few seasons, it’s far from becoming a likely scenario, at least at this stage.

More from the NHL today:

  • One surprisingly quiet storyline throughout the offseason has been that of Washington Capitals center Evgeny Kuznetsov, who the team confirmed had requested a trade earlier this summer. In an interview with NHL.com’s Tom Gulitti earlier this week, Capitals incoming head coach Spencer Carbery said he’s spoken with Kuznetsov multiple times this summer and “it sounds like there’s a real focus to his preparation for next season.” While it’s far from a confirmation he’s rescinded his trade request, Kuznetsov staying in the nation’s capital and returning to form could very well thrust Washington back into the thick of the Eastern Conference playoff race, something captain Alex Ovechkin would certainly love to see while he chases the NHL’s all-time goals record.
  • Matthews’ extension may be the richest per season of the salary cap era, but it still hasn’t surpassed McDavid’s deal as taking up the highest percentage of the salary cap when signed, Sportsnet’s Sonny Sachdeva points out. McDavid’s eight-year, $100MM deal, which kicked in for the 2018-19 campaign, took up a record 16.67% of the cap’s Upper Limit when it was signed in July 2017. Matthews’ deal, on the other hand, which carries an average annual value of $750K higher than McDavid’s, takes up 15.87% of the cap at the time of signing.

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