The Edmonton Oilers have already made three transactions earlier today by waiving Ty Rattie and Ryan Spooner while assigning Caleb Jones to the minors, and are close to a third according to Elliotte Friedman of Sportsnet. The Oilers are close to signing goaltender Mikko Koskinen to a three-year extension worth $4.5MM per season reports Friedman. Chris Johnston of Sportsnet added the yearly breakdown while also reporting that the contract includes a limited no-trade clause.
- 2019-20: $5.2MM
- 2020-21: $3.3MM + $500K signing bonus
- 2021-22: $4.5MM
Koskinen, 30, came back to the NHL this season after the better part of a decade overseas playing in Finland and Russia, and has given the team some relatively good goaltending throughout the season. The huge, 6’7″ netminder has posted a .911 save percentage through 27 games this season and has gone 14-10-1 in those matches. That kind of production was certainly enough to consider giving him an extension, but there are plenty of red flags in this deal as well.
For one, this almost certainly means the end of Cam Talbot’s tenure in Edmonton unless the veteran goaltender is willing to sign an inexpensive contract extension. The team already had almost $70MM committed to their roster for next season with definite upgrades that need to happen at the forward position. While Koskinen has outplayed Talbot this season, essentially handing over the starting position to a goaltender with just 31 NHL starts under his belt is a risk. Perhaps the team can find another goaltender to form a solid tandem, but Koskinen will need to carry the majority of the load for this team moving forward.
Relying on him might be tough to do given his recent performance. While Koskinen started the season on fire, his play over the last month has gone downhill with the rest of the team performance. The big goaltender has posted an .877 save percentage in his last ten games, making the timing of this extension at least questionable—though they had probably been working on it for some time.
At the very least, the Oilers will go into the offseason with a bit of cost certainty at the position. For a team that will obviously have to make changes in order to compete for the Stanley Cup while Connor McDavid and Leon Draisaitl are in their prime and under contract, knowing exactly how much you can spend in free agency is a positive measure. With an improved team perhaps Koskinen’s play will bounce back and make this extension look like a genius stroke in a year’s time.