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Edmonton Oilers Sign Brandon Sutter To PTO

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August 16: The Oilers have officially signed Sutter to a PTO, according to CapFriendly.

August 8: After missing the entirety of the last two NHL seasons, Sean O’Leary of The Score reports that the Edmonton Oilers have agreed to a professional tryout agreement with forward Brandon Sutter. An oft-injured player during his time with the Vancouver Canucks, Sutter has missed the last two seasons dealing with Long Covid.

With little cap space left to maneuver with, and the impending contract of restricted free agent Evan Bouchard, most pundits knew the Oilers were heading in this direction leading up to training camp. It is an interesting choice, as regardless of missing the last two seasons, Sutter had not played a full NHL season since 2016-17 with the Canucks, but will likely not be the last PTO the Oilers hand out this offseason.

When healthy, Sutter had historically been one of the better defensive centers in the game of hockey. Notably blocking a healthy amount of shots throughout his career, Sutter was also a mainstay on the Canucks penalty kill throughout much of his time with the organization.

If he does make Edmonton’s roster out of camp, it would be hard to imagine him as anything other than an extra forward on the team. The organization already has plenty of options down the middle in the bottom six, but Sutter’s experience and defensive tactics may sparingly earn him some minutes in a fourth-line role.

Long are the days when Sutter seemed like a regular 30-point bottom-six center option for most teams, but if the 34-year-old is still ready to play, there is a very low risk for the Oilers in this move.

Update On This Year’s August 15 Free Agents

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Most NHL free agent business is dealt with in the early summer months. There is one important date later each year, however. August 15 marks the date when NHL teams lose their exclusive signing rights to most college-drafted players if they’ve graduated (or completed without graduating) college and are not yet signed to an entry-level contract.

Earlier this month, we published a list of players slated to hit the UFA market yesterday if not signed to an ELC within the coming days. However, the guidelines the NHL uses to determine a college graduate are some of the most complex sets of rules relating to contractual obligations in pro sports. That means it’s often impossible to glean a full list of players whose rights have expired (or not expired) until after the August 15 deadline has passed.

This year was no different, as CapFriendly issued multiple updates today on their X account regarding the list of August 15 free agents they’d made public earlier in the month. Three players who were slated to expire actually remained on their team’s reserve list: Calgary Flames 2018 fourth-round pick F Demetrios Koumontzis, Ottawa Senators 2018 seventh-round pick F Jakov Novak, and Senators 2018 second-round pick D Jonny Tychonick.

On the flip side, 12 players they expected to remain on teams’ reserve lists hit the free-agent market yesterday. With that in mind, we have a revised, accurate list of players who became unrestricted free agents yesterday. Asterisked players were not originally expected to come off their team’s reserve list.

Anaheim Ducks

*F Trevor Janicke (2019 fifth round, 132nd overall)

Arizona Coyotes

F John Farinacci (2019 third round, 76th overall)
*F Anthony Romano (2019 sixth round, 176th overall)

Boston Bruins

*D Dustyn McFaul (2018 sixth round, 181st overall)

Calgary Flames

*F Joshua Nodler (2019 fifth round, 150th overall)

Carolina Hurricanes

F Kevin Wall (2019 sixth round, 181st overall)

Chicago Blackhawks

F Jake Wise (2018 third round, 69th overall)

Colorado Avalanche

*F Matt Stienburg (2019 third round, 63rd overall)

Columbus Blue Jackets

D Robbie Stucker (2017 seventh round, 210th overall)

Detroit Red Wings

F Robert Mastrosimone (2019 second round, 54th overall)
*F Ethan Phillips (2019 fourth round, 97th overall)

Edmonton Oilers

F Skyler Brind’Amour (2017 sixth round, 177th overall)

Minnesota Wild

*D Marshall Warren (2019 sixth round, 166th overall)

New Jersey Devils

*D Case McCarthy (2019 fourth round, 118th overall)
*F Patrick Moynihan (2019 sixth round, 158th overall)

New York Islanders

D Christian Krygier (2018 seventh round, 196th overall)
F Jacob Pivonka (2018 fourth round, 103rd overall)

New York Rangers

*F Eric Ciccolini (2019 seventh round, 205th overall)
*F Riley Hughes (2018 seventh round, 216th overall)

Ottawa Senators

*F Luke Loheit (2018 seventh round, 194th overall)

Philadelphia Flyers

F Jay O’Brien (2018 first round, 19th overall)

San Jose Sharks

D Arvid Henrikson (2016 seventh round, 187th overall) Originally drafted by the Montreal Canadiens

Toronto Maple Leafs

D Ryan O’Connell (2017 seventh round, 203rd overall)

Winnipeg Jets

G Jared Moe (2018 sixth round, 184th overall)

Of the list above, Krygier and Pivonka are remaining in the Islanders organization on confirmed AHL contracts for 2023-24, although they remain eligible to sign with another NHL team should one come calling. All others are either returning to school for 2023-24, have contracts signed in other leagues, or are not signed for next season.

Notably, this is the official confirmation that the Flyers’ exclusive signing rights of O’Brien have lapsed. As compensation for not signing a first-round pick to their entry-level contract, the Flyers will receive a compensatory second-round pick from the league in the 2024 NHL Draft.

Oilers Prospect Shane Lachance Commits To Boston University

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Boston University has added another NHL-drafted prospect to the mix as they announced (Twitter link) that Oilers prospect Shane Lachance will be suiting up for them next season.

The 19-year-old was drafted by Edmonton back in the sixth round in 2021, going 186th overall.  He spent that season with the Boston Jr. Bruins of the NCDC before moving to Youngstown of the USHL in 2021-22.

Lachance is coming off a strong season with the Phantoms where he helped lead them to a Clark Cup title.  In 62 games last season, Lachance, the son of former NHL blueliner Scott Lachance, picked up 33 goals and 21 assists while also chipping in with three goals and three helpers in nine playoff contests.

With this commitment, Edmonton is set to hold Lachance’s NHL rights through the 2026-27 season, giving the Oilers plenty of time to evaluate his development.  He becomes the third NHL-drafted forward to join the Terriers for the upcoming season, joining Jack Hughes (Los Angeles) and Jack Harvey (Tampa Bay).

Oilers Could Backload Bouchard's Bridge Deal

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  • Oilers defenseman Evan Bouchard is one of the top remaining restricted free agents and with Edmonton’s salary cap situation, a two-year bridge deal appears to be a foregone conclusion. To that end, Kurt Leavins of the Edmonton Journal posits that Edmonton may wind up needing to back-load the contract, a move that will result in a higher qualifying offer.  However, with the 23-year-old having two straight seasons of at least 40 points under his belt and an expectation of more upside to come, a higher qualifying offer would basically be a moot point anyway as his next contract, one that would carry arbitration rights as well, would almost certainly cost more than the qualifier.

Oilers Could Be A Team That Shops In PTO Market

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  • Postmedia’s Kurt Leavins suggests that the Oilers should be a team to keep an eye on when it comes to tryout offers closer to the start of training camp. Depending on what happens with the eventual new contract for RFA defenseman Evan Bouchard, Edmonton is likely going to need to have several players on the roster at the league minimum salary.  They added a couple of those early in free agency (Lane Pederson and Drake Caggiula) but as the asking price comes down for free agents still unsigned, it could be an opportunity for the Oilers to bring in a low-cost upgrade.

What Cap Percentage Could McDavid And Draisaitl Take To Stay With Edmonton?

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  • Even with the salary cap expected to rise faster starting in 2024-25, it will certainly be difficult for the Oilers to keep both Connor McDavid and Leon Draisaitl in the fold. Postmedia’s David Staples posits that both middlemen – who could conceivably command the maximum 20% of the cap on their next contracts if they looked to get top dollar – might have to settle for something in the 14% range which, depending on how much the cap moves, could put their contracts both in the $12.5MM territory which is what McDavid is currently making.  Can a team with two deals at that price point still have enough depth to seriously contend?  That’s a question Edmonton certainly hopes they’ll have a chance to answer.  Draisaitl is signed for two more years while McDavid is under contract for three more seasons.

Edmonton Oilers Name Jeff Jackson CEO Of Hockey Operations

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The Edmonton Oilers have named former player agent Jeff Jackson their CEO of hockey operations, according to a team release.

In his new role, Jackson will report directly to team owner Daryl Katz and serve as an alternate governor on the NHL Board of Governors. Regarding hockey operations specifics, Jackson ” will work closely with Ken Holland, who continues in his role as President of Hockey Operations and General Manager of the Edmonton Oilers and will report to Jackson.”

As Sportsnet’s Elliotte Friedman writes, Jackson’s hiring is “a big move in NHL business circles.” Jackson spent eight seasons playing pro hockey before joining the Toronto Maple Leafs organization in 2006 in an executive role. He served as a key hockey operations decision-maker for four seasons and played a significant role in the management of the AHL’s Toronto Marlies.

Fans more recently may recognize Jackson’s name as the agent for some of the league’s biggest names. According to PuckPedia, the total contract value of Jackson’s clients is over $218MM, including some high-profile clients such as Aaron Ekblad, Alex DeBrincat, and Quinton Byfield. Easily the biggest-name client under Jackson’s watch prior to this hiring was Connor McDavid, the best player in the game today and the person the Oilers’ franchise is built around.

While it’s too early to know the full implications of this hiring, it’s not difficult to see it as the Oilers deepening their commitment and ties to McDavid as the face of their franchise. They’re hiring someone with a strong pre-existing relationship with their most important player, who happens to be inching ever closer to unrestricted free agency in 2026. Having Jackson now installed as a key executive for the Oilers is sure to make the process of locking McDavid down to a contract extension easier.

Additionally, as the Edmonton Sun’s Terry Jones notes, this move could be seen as the Oilers succession planning for their next day-to-day manager of hockey operations decision-making after Ken Holland. There has been no indication that Holland, 67, has any plans on moving on from his role as Oilers GM (nor have there been indications of Edmonton’s desire to move on from him) but adding Jackson into the mix in his aforementioned role would likely put him in prime position to take over for Holland whenever the day comes that a replacement is needed.

At that point, Jackson’s background as executive vice president at Wasserman Hockey, one of the NHL’s largest agencies, will likely become a significant asset for the Oilers. This is a franchise desperate to capitalize on having two of the game’s greatest players under contract and finally win their first Stanley Cup since 1990. McDavid is the key to doing so, and now having Jackson in a major role only serves to deepen the organization’s commitment to a McDavid-centric future.

Edmonton Oilers Reach Deal With Ryan McLeod

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Ryan Rishaug of TSN is reporting that the Edmonton Oilers have reached an agreement with restricted free agent center Ryan McLeod. The Oilers and McLeod were set to go to arbitration on August 4th, but have now reached a settlement without the help of an arbitrator. Rishaug is reporting that the deal is a two-year contract worth $2.1MM per season.

Last night, it was reported that the Oilers and McLeod were close to a deal but some recent developments around the league had changed the calculus. It is not yet known what changed today, but the Oilers took care of a big piece of business as they look to sign their final restricted free agents to new deals for the 2023-24 season.

McLeod just finished his third season in the NHL and has established himself as a good depth center who can provide some offense and play up in the lineup if needed. McLeod just finished a year in which he produced 11 goals and 12 assists in 57 games and posted good analytics as well. McLeod will still be a restricted free agent when his contract expires in two seasons and will remain in the driver’s seat if he continues to improve from year to year.

With this deal in place, it gives both sides certainty and security. For the Oilers it allows them to have a better understanding of the cap space they have available while they negotiate with defenseman Evan Bouchard. For McLeod, he gets to cash in on his first contract in the seven figures and gets the added security of having next year’s money guaranteed.

Oilers Notes: McLeod, Centers, Bouchard

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Kurt Leavins of The Edmonton Journal writes that he has been hearing that the Edmonton Oilers and restricted free-agent center Ryan McLeod were closing in on a new contract, but that the goalposts might have moved. What exactly that means is unclear and Leavins doesn’t speculate in the article, however, according to Robert Tychkowski of the Edmonton Sun, the Oilers have been trying to sign McLeod to a contract with a cap hit of around $2MM and with the arbitration ruling for Philipp Kurashev, they might be looking at a higher number. Kurashev received $2.25MM in his arbitration ruling and given McLeod’s track record he has a good case for a number north of that.

Couple that piece of information with the news that Leavins believes that the Oilers could be looking to bring in some centers on PTOs before training camp and it is a development that isn’t overly encouraging for Oilers fans. However, it doesn’t change the fact that McLeod and the Oilers are set to go to arbitration on August 4th and there are no guarantees of a higher salary for McLeod. He will be pencilled into the lineup once that ruling comes down, meaning there isn’t a threat of him not being signed.

McLeod hasn’t exactly set the world on fire in his first three seasons in the league, but this past season was his best thus far as he posted 11 goals and 12 assists in 57 games while posting a Corsi For % of 53.8%, meaning that the Oilers were controlling the puck more than half the time McLeod was on the ice. The 23-year-old has improved in every season since he started in the NHL and could be just scratching the surface of what he can be.

In other Oilers notes:

  • As mentioned above Leavins believes the Oilers are looking at improving their center depth, and while bringing in centers on a PTO is an option, Leavins also thinks that Edmonton will look at a possible in-season trade as another solution. The Oilers won’t have a ton of cap space (if any) after they sign their remaining restricted free agents, which is likely why Leavins mentions Jake Evans of the Montreal Canadiens and Nic Dowd of the Washington Capitals as possible targets. Dowd has two years left on his current deal at $1.3MM while Evans also has two years remaining and is owed $1.7MM in each of the next two years.
  • Robert Tychkowski of the Edmonton Sun writes that he believes the Oilers have dodged a bullet and he doesn’t expect an offer sheet to come this late in the off-season for restricted free-agent defenseman Evan Bouchard. That’s good news for Oilers fans, but it also isn’t all that surprising given the rarity in which offer sheets are utilized. Leavins wrote today that he believes the Oilers and Bouchard are close to a deal but doesn’t give any details. Given the Oilers tight cap situation it does seem highly likely that they will sign a bridge deal with their budding defenseman which could open the door for him to sign a very lucrative extension soon should he continue to quarterback the league’s best power play. Bouchard had eight goals and 32 assists this past season in 82 games, but just 13 of his 40 regular season points came with the man advantage. In the playoffs, it was a different story as Bouchard had four goals and 11 assists on the power play in just 12 playoff games.

Oilers Aiming For Increased Roster Stability

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The Edmonton Oilers have been one of the NHL’s more interesting teams to watch over the past decade, finally overcoming years of what could best be described as dysfunctionality to once again become yearly postseason contenders on the backs of Connor McDavid and Leon Draisaitl. That’s not to say it hasn’t been a rough-and-tumble road for the team since making their first playoff appearance with this core in 2017 – there’s still the sense this core hasn’t lived up to expectations without a Stanley Cup Final appearance to show for their rather electrifying success at times. Today, David Staples of the Edmonton Journal argued that, for whatever reason you choose to believe, the Oilers’ rather stagnant offseason is a sign of better things to come.

It didn’t really matter this summer if the Oilers and general manager Ken Holland wanted to make a big splash – they simply couldn’t make anything work with an airtight salary cap situation and RFAs Evan Bouchard and Ryan McLeod to re-sign. Staples illustrates this example with past Oilers teams of the 1980s glory days, but championship-caliber teams are rarely built through major free agency additions. Keeping a similar core intact and nurturing it, giving it time to grow while continuing to develop chemistry, has led to positive results in the past.

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