In the 2017 off-season, the Oilers traded Jordan Eberle to the New York Islanders, in exchange for forward Ryan Strome, in order to gain salary relief. The Oilers signed both McDavid and Draisaitl to 8-year contracts worth $100 million and $68 million, carrying annual cap hits of $12.5 million and $8.5 million, respectively. The Oilers had high expectations coming into the 2017–18 season, as many expected to make progress off of their surprising year in 2016–17. However, the Oilers regressed, posting a 36–40–6 record and missing the playoffs for the 11th time in 12 seasons.
