The Oilers have signed 2024 first-round pick Sam O’Reilly to a three-year, entry-level contract, per a team release. Financial terms weren’t disclosed.
A likely signing bonus in the deal this season will be a nice gift for O’Reilly, who stuck around on the training camp roster longer than most anticipated. The Oilers, who had traded away their first-round pick to the Ducks in last season’s Adam Henrique trade, swung a deal with the Flyers on draft day to move back into the first round at No. 32 overall.
Edmonton then proceeded to make O’Reilly, who doesn’t turn 19 until March, the last pick of the round. The 6’1″ center’s offensive totals didn’t jump off the page in his draft year on a stacked OHL London team, and they’re also not expected to if he cracks the NHL. He projects as a physical depth piece with strong defensive instincts, making him extremely projectable as the Oilers’ No. 3 or No. 4 center in a few years.
A Toronto native, O’Reilly has been slightly underwhelming out of the gate with London this season – as have most of his teammates. However, his two goals and three assists for five points in seven games are only tied for ninth on the team, and his -3 rating is tied for third-worst. It’s still far too early in his post-draft campaign to write him off, though. Allan Mitchell of The Athletic ranked O’Reilly as the No. 2 prospect in the Edmonton pipeline and their best up-and-coming forward piece over the summer. However, he’s been unseated from that role after they acquired 2022 ninth-overall pick Matthew Savoie from the Sabres.
O’Reilly is unlikely to play 10 NHL games this season, so expect his ELC to slide to the 2025-26 season. If he fails to hit 10 NHL GP next year, too, it’s eligible to slide again to 2026-27.