Star center Connor McDavid will remain with the Edmonton Oilers after signing a two-year contract extension with an average annual value of $12.5 million, the team announced Monday.

Less than two hours after signing McDavid, the Oilers inked defenseman Jake Walman to a seven-year, $49 million extension that will also start next season.

McDavid made his decision Monday morning, an NHL source told ESPN, and the contract talks were completed within hours.

He was set to become an unrestricted free agent after this season -- his 11th with the Oilers -- after signing an eight-year, $100 million deal in July 2017. The potential availability of the superstar sparked speculation about his future, but remaining in Edmonton was always seen as the likeliest outcome.

McDavid, 28, is considere

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