Edmonton Oilers fans’ dreams of two-time Norris Trophy winner Erik Karlsson being traded to oil country might have to wait to become a reality. David Pagnotta of The Fourth Period is reporting that a deal between the Oilers and San Jose Sharks for Karlsson is considered “unlikely,” for mainly financial reasons. Pagnotta reports that while the Sharks are willing to retain two or three million dollars off of Karlsson’s deal, the Oilers want the Sharks to retain a more significant portion, around $5MM, if not more.
As a result, Pagnotta says that “it sounds like there haven’t been any recent serious discussions between the two clubs as a result” of those financial disagreements. The rationale for the Oilers to want to acquire Karlsson is very real, as he’s a Norris Trophy frontrunner with 76 points in 58 games. But asking San Jose to take on such a large number of dead cap dollars for the foreseeable future is a major ask, and it’s understandable that the Sharks balked at the prospect of making such a deal. According to Pagnotta, the Oilers could be pivoting to new targets, such as Anaheim Ducks defenseman John Klingberg, and Arizona Coyotes blueliner Shayne Gostisbehere.