10:46 a.m.: Edmonton has confirmed Kapanen’s new deal as reported.
8:46 a.m.: The Oilers are expected to re-sign pending UFA winger Kasperi Kapanen, PuckPedia reports Monday. It’s a one-year contract worth $1.3MM, PuckPedia adds. The club also announced a two-way extension for center Noah Philp that carries a $775,000 cap hit. His AHL salary is $250,000 with a $300,000 guarantee, per PuckPedia.
Kapanen, 29 in July, gets a small pay bump after signing a one-year, $1MM contract with the Blues in free agency last summer. That commitment didn’t result in the speedy but inconsistent winger landing a regular role in St. Louis’ lineup, though. He was a frequent healthy scratch to begin the season, scoring one goal with a minus-six rating in 10 games before landing on waivers in mid-November.
Considering Kapanen’s offensive ceiling – he has five 30-point seasons under his belt – it’s still fair to characterize his tenure in Edmonton as disappointing. He achieved more consistent deployment, appearing in 57 games, but only managed five goals and eight assists for 13 points, with a -16 rating, in 12:01 of ice time per game.
It was during the playoffs that he made a more significant impact. He wasn’t in the lineup to begin the postseason and didn’t enter the lineup until Game 4 of the second round against the Golden Knights, but once he played, he remained in the lineup for 12 of 13 games. He scored three goals and three assists for six points, including the overtime winner to clinch their series in Game 5 against Vegas, and averaged 13:28 per game.
Getting depth scoring options on cheap contracts is crucial for an Oilers team that faces a cap crunch with star RFA Evan Bouchard still in need of a new contract. They’re likely losing veterans Connor Brown, Corey Perry, and Jeff Skinner to free agency with no deals yet in place and could be set to part ways with Viktor Arvidsson in a cap-dump trade as well. While Kapanen’s most recent regular-season showing wasn’t the most impressive, there’s still a 15-goal, 30-point ceiling there that makes him an attractive re-signee at that price point.
Philp, 27 in August, was an undrafted free agent signing by Edmonton out of the University of Alberta in 2022. After going unsigned for 2023-24 and taking a leave of absence from the game for personal reasons, he returned to the Oilers organization on a two-way deal for last season. He earned his NHL debut in the process, recording two assists and a plus-one rating in 15 games over multiple call-ups in the latter half of the season. He averaged 9:05 per game and won 40 of 102 faceoffs (39.2%).
The 6’3″, 198-lb forward will get a chance to build on those numbers next season, but is best suited as a middle-six AHL option with occasional call-up potential. He put together a 19-16–35 scoring line with a +11 rating in 55 games for AHL Bakersfield this past season.
The Oilers and Stars are about to keep the same teams yet slightly worse off and Florida (depending on Ekblad and Marchand) are in the same boat. July 1st will be interesting but if Florida stays healthy a 3 peat could be in the works.
Arvidsson and a second for future considerations, who says no?
We could find a spot for him on Geno’s wing.