The Edmonton Oilers are waiting for Connor McDavid to decide what he wants to do in regards to a contract extension. The superstar has one year remaining on his current deal at $12.5 million, but speculation is everywhere about the kind of extension he'll sign.

Connor McDavid is primed to make history for the Edmonton Oilers, and for once, it won't be on the ice as his next contract awaits.

The contract’s term will undoubtedly be something that needs to be decided upon first. Does he opt for a shorter-term, four-year deal to keep the pressure on the Oilers and allow the now 28-year-old to cash in once again in his early 30’s? Or does he opt for the long-term, eight-year deal in the final season that players will be allowed to do so?