Jets making progress on contract extension with star player

Their model only works, though, if they are able to convince the players they draft and/or develop to remain in Winnipeg for the best years of their career, and in many recent cases, the Jets have had remarkable success doing so.

They’ve been able to re-sign franchise pillars such as Mark Scheifele and Connor Hellebuyck, as well key contributors such as Neal Pionk.

With Tuesday’s reports, it seems Connor’s name will soon be added to that list of key Jets players to commit to a long-term extension with the franchise. In re-signing Connor, they’ll manage to keep their most lethal scorer, and arguably their most important forward, on their roster for eight years after this one.

Since the Jets returned to Winnipeg, just two forwards have scored more points than Connor, and just one has scored more goals. His 0.95 career points-per-game ranks first in modern Jets franchise history. Connor also owns the two highest-scoring seasons in the modern history of the Jets, including his fantastic 2024-25 when he scored a franchise-record 97 points in 82 games.

He’s one of the game’s elite play-driving wingers, and he’s a threat to score whenever he steps on the ice. He’s a consistent playoff performer as well, and is coming off of the best postseason run of his career — he scored 17 points in 13 games during the Jets’ most recent playoff run.

All of that means Connor is unlikely to come cheap. It’s difficult to project long-term contracts at the top of the market at this point, as two of the most recent big signings were impacted by unique circumstances that are not applicable to other players and situations. Minnesota Wild superstar winger Kirill Kaprizov is in some ways comparable to Connor (both are play-driving true number-one wingers) but Kaprizov was widely seen as far more of a threat to test unrestricted free agency — making the Wild all the more willing to pay whatever it took to get his signature on an extension. That resulted in a $17M AAV, something Connor, or any other player, for that matter, appears likely to match anytime soon.

And then there is the recent re-signing of Connor McDavid with the Edmonton Oilers. McDavid is the game’s unquestioned best player, but his extension carries a two-year term and just a $12.5M AAV. Under normal circumstances, it’d be hard for Connor to argue that he deserves to make as much — let alone more — than McDavid, but again, it was a unique circumstance. It was widely reported that McDavid opted to be paid a notable amount less than his market value in order to maximize the Oilers’ ability to field an elite team to support him.

For what it’s worth, AFP Analytics projected Connor’s next contract to be worth just north of $12M annually, and that would seem to be an appropriate price for Connor given his abilities, the market environment, and the rising salary cap. But at this stage, the only reports are that there is serious momentum to complete a deal on both sides of the negotiation, not that there is a completed deal at this point. So until there is further reporting, all we can do is speculate on what the terms of Connor’s extension will ultimately be.