Agent says McDavid, Oilers still working on mega extension

The Edmonton Oilers and Connor McDavid appear to be in the midst of hammering out a deal that will keep the superstar with the club for the foreseeable future.

McDavid's agent Jeff Jackson says both camps continue to iron out the parameters of a deal and that for the time being an extension is "not done yet," according to TSN's Pierre LeBrun.

Sportsnet's Elliotte Friedman noted on Wednesday morning that he had heard McDavid's pending contract extension could be an eight-year deal in the ball park of $13.25 million per season, similar to the figure floated by TSN's Ryan Rishaug on Tuesday.

As for the details of the contract, LeBrun suggests one key that could be under discussion is what to do in the event of a potential lockout during the 2020-21 season when the NHL and NHLPA can both elect to terminate the final two years of the 10-year deal.

The reigning Hart Trophy-winner still has one year remaining on his entry-level deal at $925,000, but the 20-year-old can breathe a sigh of relief in knowing that he's in line to receive a significant raise down the line.