Latest On The Edmonton Oilers
The Edmonton Oilers have been one of the most-watched stories in the league this season. Connor McDavid and Leon Draisaitl continue to put up generational scoring numbers. Still, old issues have reared their ugly heads, and the team remains on the fringes of the playoffs as the calendar turns to 2023.
Edmonton has two big dates circled on their calendar over the next weeks: the return of elite power forward Evander Kane to the lineup and the NHL Trade Deadline on March 3.
In terms of making trades, the Oilers are “working the phones” well before the deadline, writes Pierre LeBrun in a piece for The Athletic. LeBrun says Edmonton has been connected to Arizona’s Jakob Chychrun, as well as Montreal’s Joel Edmundson, and about “every selling team you can think of with a defenseman potentially up for grabs.”
With the team’s swath of promising young defensemen, it does seem that adding just one bigger name into the mix could offer Edmonton the ability to optimize their pairings and solidify defensive issues that have plagued them for years.
However, they can’t expect to keep pucks out of the net without goaltending, which is still somewhat of a concern. Jack Campbell still hasn’t been able to figure things out in Edmonton, now completely losing the starting job to Stuart Skinner just months after signing a five-year, $25MM contract. Skinner himself has been passable at worst and lifesaving at best, maintaining a .914 save percentage through 25 starts.
Kane’s return from a horrifying wrist injury could shore up another issue – depth scoring. Edmonton’s fourth-ranked offense in the NHL comes courtesy of McDavid, Draisaitl, Ryan Nugent-Hopkins, and Zach Hyman, who have scored 95 of their 147 goals (a staggering 65%). No other Oilers forward has more than five goals – which is Kane, who’s played in just 14 games.
His return is likely coming this month, meaning his activation (and salary cap implications) remains untouched by any potential deadline trade.
PuckPedia outlined potential scenarios for the cap-strapped Oilers today, which would allow Kane to come off long-term injured reserve. It would be a tricky scenario, requiring them to place defenseman Ryan Murray on LTIR, assigning Devin Shore and Vincent Desharnais to the minors, and sending one more player down who makes more than $1.125MM against the cap. This would likely be Mattias Janmark, who has nine points in 28 games and failed to make the team out of training camp.
Oilers Notes: Kane, Broberg, Defense Options
The Oilers suffered a big loss back in early November when Evander Kane had his wrist cut by a skate, resulting in emergency surgery that carried an expected recovery timeline of up to four months. Instead, as Kurt Leavins of the Edmonton Journal notes, the veteran appears to be well ahead of schedule, speculating that he could be back by the end of this month. Kane is in his first full season with Edmonton and had gotten off to a strong start prior to the injury, picking up 13 points in 14 games while chipping in with 51 hits. His eventual return will certainly add another gear to their attack and while it would force some cap-shedding moves to activate him from LTIR, it would also allow GM Ken Holland to have a bit more time to evaluate his top six group before the trade deadline to help determine if any moves need to be made on that front.
More from Edmonton:
- While many expect Edmonton to make a move to add a left-shot defenseman before the trade deadline, Sportsnet’s Elliotte Friedman reported in the latest 32 Thoughts segment (video link) that they plan to give prospect Philip Broberg an extended look first. The 21-year-old has spent a good chunk of the season with the Oilers with his only AHL time being a six-week stretch early in the year (which he was injured for part of). Broberg, the eighth-overall pick in 2019, has two assists in 15 games with Edmonton this season but is averaging just over 12 minutes a game. Ideally, he’s able to step up and lessen their need for help from outside the organization so it makes sense that they’ll try to give him a stretch of games first before pondering a move.
- If and when Edmonton does look elsewhere for a left defender, Arizona defenseman Jakob Chychrun has been a speculative candidate for a while. Sportsnet’s Mark Spector and Adam Vingan examine how the 24-year-old might fit with the team, noting that while, on paper, adding the top blueliner available makes plenty of sense in theory, he might not be the best fit for Edmonton. Instead, one scout posits that a more physical stay-at-home defender such as Montreal’s Joel Edmundson or Vancouver’s Luke Schenn might be the better type of player to try to acquire.
West Notes: Oilers, Beaupit, Bowers
While Evander Kane will be on LTIR for the next several months, don’t expect the Oilers to be active when it comes to trying to replace the power forward. As Pierre LeBrun of TSN and The Athletic relays in TSN’s latest Insider Trading segment (video link), Edmonton isn’t expected to make a move of significance to add a replacement. Since Kane is expected to be able to return down the stretch, they’re unlikely to want to take on a sizable contract knowing they’ll have to get back to cap compliance in order to bring Kane back to the active roster. Short of AHL recalls (of which they’ve already made two), Ken Holland probably won’t be much more active than that when it comes to bringing up a replacement. They do have one open roster spot still and ample LTIR space so one other recall could come at some point.
More from the West:
- Sharks goalie prospect Mason Beaupit is on the move at the junior level as WHL Winnipeg announced that they’ve acquired the 19-year-old from Spokane. Beaupit was a fourth-round pick of San Jose (108th overall) this past summer after posing a save percentage of .893 last season in 49 games. Things haven’t gone as well this year, however, as that dropped to .833 in nine contests with the Chiefs. The Sharks have until June 1, 2024 to decide whether or not to sign him.
- The Avalanche officially registered the recall of forward Shane Bowers today, per the AHL’s transactions log, paving the way for him to make his NHL debut tonight. The 23-year-old was a first-round pick (28th overall) back in 2017 and is the final first rounder from that draft class to make an NHL appearance. Bowers is off to a good start with AHL Colorado with six points in his first ten games this season.
Evander Kane Placed On Long-Term Injured Reserve
After undergoing an emergency procedure following a scary incident last night, Evander Kane has been placed on long-term injured reserve by the Edmonton Oilers. Kane’s wrist was lacerated by a skate blade, pouring blood onto the ice and requiring immediate medical attention. After being transported to the hospital, the Oilers announced that Kane was in stable condition and would undergo a surgical procedure. He has now been ruled out for the next three to four months, though no other details were revealed.
With the added cap flexibility and an extra roster spot, the team has recalled Mattias Janmark and Klim Kostin from the minor leagues.
In a post earlier today, Kane released a statement thanking the training staff of both the Oilers and the Tampa Bay Lightning, along with the paramedics and doctors that helped to repair the injury. Though there aren’t many details on what exactly was damaged, Kane vowed that he will be back and suggested that it could have been much worse without their immediate help.
The 31-year-old winger wasn’t scoring goals at quite the incredible pace he set after arriving in Edmonton last season but he was still having a great start to the year. With five goals and 13 points in his first 14 games (including the nine shifts he had last night before exiting), he was actually on pace to set a new career high in points. His previous best was 57, set back in 2011-12, thanks to a number of seasons cut short for various reasons. Kane has never played in more than 78 games in a single season and that trend will continue with this months-long absence.
For the Oilers, losing one of your best offensive weapons is never a good situation but they do have some strong depth coming in. Both Kostin and Janmark have NHL experience, especially the latter, who has been a full-time player for the past six years. In 67 games with the Vegas Golden Knights last year, Janmark had nine goals and 25 points. Kostin meanwhile played 40 times for the St. Louis Blues in 2021-22, scoring nine points.
While neither of them can fill the role that Kane had, forward depth hasn’t been the calling card of the Oilers in years past. At least this time they have legitimate options to insert into the lineup, though there will be some shuffling required to figure out the best way forward.
Evander Kane “Stable” After Wrist Injury
There was a scary scene in tonight’s game in Tampa between the Lightning and the Edmonton Oilers when forward Evander Kane left the game after suffering a skate laceration to the wrist. The Oilers announced later during the game that Kane is stable after the concerning cut and has been transported to a local hospital.
Kane was off to yet another strong start in Edmonton, notching five goals and eight assists for a point-per-game pace through 13 contests. He was also averaging more than 20 minutes of ice time per game for the second time in the past five years.
He suffered the injury after Lightning winger Pat Maroon inadvertently cut Kane’s wrist with his skate.
While there’s no timeline for the injury at this point, skate lacerations to any part of the body are generally not a short-term absence. Then-Toronto Maple Leafs winger Ilya Mikheyev missed 31 games with a similar injury in the 2019-20 season.
Evander Kane, San Jose Sharks Reach Settlement
11:55 AM: Seravalli has elaborated on the specific nature of the settlement. He reports that Kane will receive a “one-time payment” from San Jose, and as a result, a “cap penalty” will be retroactively applied to last season’s salary cap calculation for the Sharks, who finished last season with just under $5MM in space.
Presumably, the nature of this settlement means the cap implications of the agreement are entirely in the past and will not have an impact on GM Mike Grier’s roster-building decisions moving forward.
11:04 AM: One of the oddities of this NHL offseason was the cloud of a grievance hanging over Evander Kane, the San Jose Sharks, and the Edmonton Oilers. Kane had filed for wrongful termination of his previous contract with the Sharks, while the Oilers had signed him anyway, with the hope that things could be settled and Kane could continue to play in Edmonton.
It appears as though that will be the case, as Kevin Weekes of ESPN reports that a verbal settlement has been reached between the Sharks and Kane. Frank Seravalli of Daily Faceoff expands on the details, explaining that the Sharks are expected to face a salary cap charge because of the settlement, though are mitigating the risk that an arbitration decision could have brought.
When his contract was terminated, Kane had three years and $19MM in salary remaining. His new four-year contract with Edmonton is worth $16.5MM over those same three seasons, leaving a disparity of $2.5MM. Darren Dreger of TSN tweets that the settlement is expected to “come close” to making up that difference, though it is not clear how the cap charge will be applied at this point.
Even if it is just $2.5MM spread over three seasons, it is meaningful. The Sharks currently have less than $250K left under the cap ceiling with a projected 23-man roster, meaning any additional penalties will make things tight for this season. Of course, that is the much-preferred option to having Kane’s entire contract on the books, which would have been possible if he won the grievance and was reinstated.
The Sharks moved on from Kane quite some time ago, stashing him in the minor leagues for the start of last season until they could terminate the contract. He then joined the Oilers on a one-year deal and scored 22 goals and 39 points in 43 games down the stretch. He re-signed with Edmonton and now carries a cap hit of $5.125MM through 2025-26.
Pacific Notes: Oilers, Sharks, Canucks’ LTIR Situation
While the Oilers have been busy this summer between re-signing their free agents and bringing in a new starter in Jack Campbell, they took a run at landing one of the big fish on the open market as well. Sportsnet’s Elliotte Friedman reports in the latest 32 Thoughts podcast (audio link) that Edmonton was hoping to work out a sign-and-trade to pick up John Klingberg with the veteran signing with a team that would have then immediately moved him with retention to help on the salary cap front. Montreal was believed to be a possibility as a team that would have facilitated the move. While that one obviously won’t happen (Klingberg signed with Anaheim last month), it’s a sign that GM Ken Holland is still looking to upgrade his back end.
Elsewhere in the West:
- There remains no date set for the resumption of Evander Kane’s grievance hearing, relays Curtis Pashelka of the Bay Area News Group (Twitter link). The Sharks terminated Kane’s deal last season citing a breach of contract, permitting him to become an unrestricted free agent. He signed with the Oilers for the stretch run and then inked a four-year, $20.5MM deal before free agency began to stay there but it remains to be seen what would happen if his original contract (which still had three years left at a $7MM AAV) was to be reinstated as a result of the grievance.
- In a separate tweet, Pashelka notes that discussions are ongoing between the team and RFA forward Jonah Gadjovich. The 23-year-old is San Jose’s last restricted free agent and is coming off a year that saw him pick up just three points in 43 games. The Sharks tendered him a two-way qualifying offer worth just under $875K last month but Gadjovich might be willing to sign for less than that in exchange for a one-way contract.
- Thomas Drance of The Athletic examines (subscription link) some of the challenges that the Canucks will be facing in order to place Micheal Ferland on in-season LTIR in 2022-23. While Vancouver has several waiver-exempt players, their performance bonuses make the simplest idea of papering them down for a day not practical. Accordingly, they might have to waive some roster players late in training camp to make the finances work. Offseason LTIR is an option but most teams prefer to avoid that route and make an in-season placement but that will be a bit of a challenge for them.
Evander Kane Signs Four-Year Extension
Why sleep when you can sign contract extensions! The Edmonton Oilers and Evander Kane reached a late-night agreement on a new four-year contract, that will bring the winger back before he reaches unrestricted free agency. Kane himself announced the deal, which carries a cap hit of $5.125MM. PuckPedia has the full breakdown:
- 2022-23: $750K salary + $5.5MM signing bonus
- 2023-24: $1.5MM salary + $4.0MM signing bonus
- 2024-25: $2.75MM salary + 2.0MM signing bonus
- 2025-26: $4.0MM salary
It also includes a full no-movement clause until February 28, 2025, at which point it will change to a 16-team trade list. While the team hasn’t actually announced the deal, they did amplify Kane’s tweet about it, which included the following message.
A big part of my decision to stay in Edmonton was because of the opportunity given to me only 7 months ago but also the chance to be a part of a championship team. I want to win, and I believe after signing this deal we will be able to add the right pieces along with myself to accomplish that goal, a championship.
There’s no doubting Kane’s ability on the ice. He scored 35 goals in just 58 games between the regular season and playoffs, finding instant chemistry with Connor McDavid and finally offering the kind of high-impact scoring talent that the Oilers have been looking for. It is all the off-ice stuff that has limited his market, as seen by this new contract, which comes in well below what a player of his production level would have earned normally on the open market.
There is also still some uncertainty around his future because of a grievance with the San Jose Sharks over wrongful termination, though it should be noted that this new contract is worth almost exactly the same amount as what was left on his previous deal. Perhaps there is a path to settlement, which would clear up any potential issues with this new deal.
The Oilers, who are also expected to make a big splash in the goaltending market today, get better by bringing Kane back. The team has said goodbye to some of its older players, including Duncan Keith and Zack Kassian, and appears poised to take another run at the Pacific Division crown in 2022-23. For Kane in particular, the risk was always in a long-term deal. Keeping it to four years at least someone protects the Oilers from that risk.
Photo courtesy of USA Today Sports Images
Snapshots: Kane, Bowman, Malkin
Forward Evander Kane is nothing if not the most polarizing and interesting free agent on the market this offseason. The 30-year-old power forward has had his fair share of off-ice controversies in his career, including a pending arbitration hearing that may award him back to the San Jose Sharks after the team terminated his contract during the 2021-22 season. Yet Kane was still spectacular on the ice after signing a one-year deal with the Edmonton Oilers for the remainder of the season, notching 39 points in 43 regular-season games and leading the NHL in scoring during the playoffs with 13 goals in just 15 games.
Yet, reports surfaced earlier this week that Kane and the Oilers weren’t close on an extension. Today, The Fourth Period’s David Pagnotta adds that there haven’t been any conversations yet today between Kane’s camp and the Oilers, adding to the likelihood Kane hits the open market tomorrow. It doesn’t limit Edmonton’s ability to re-sign him, and quite frankly, it’s still the most likely destination for him. Kane’s risk factor is only increased by the pending arbitration decision, and other teams will be hesitant to commit term to Kane without either having a deal in place with San Jose to trade back for him or having clarity on his future.
- Legendary coach and executive Scott Bowman is moving on from the Chicago Blackhawks organization this summer, per the man himself. Now 88, Bowman had been a senior advisor for the Blackhawks since 2008. A winner of 12 Stanley Cups, Bowman will likely have any job he wants if he wants to continue his management career in the NHL.
- Pittsburgh Penguins president of hockey operations Brian Burke spoke today, denying rumors that the team didn’t offer Evgeni Malkin his desired term of four years. He did say that giving a six-year contract extension to Rickard Rakell yesterday didn’t rule out Malkin’s return, and said that “the window is still open” for Malkin. However, with all the varying reports of Malkin’s unhappiness with the situation, his moving on in free agency is likely still a done deal.
Latest On Evander Kane
The Edmonton Oilers and Evander Kane remain split in contract negotiations, according to Frank Seravalli of Daily Faceoff, who notes that the two sides met yesterday and made little progress. The separation appears to be in the length of the deal, with the Oilers looking to go short-term with the pending free agent forward. In fact, following the meeting, Kane has been granted permission to start speaking with other teams, according to Pierre LeBrun of The Athletic, though agent Dan Milstein notes that there is still hope a deal can be worked out in Edmonton.
Of course, there is also the fact that Kane is currently involved in a grievance over what he claims was a wrongful termination by the San Jose Sharks, a process that does not appear to be headed toward a resolution before free agency opens on Wednesday. That certainly clouds things for the Oilers and any other team that wants to sign Kane, as there is the potential–however remote–that a new deal could be voided if the arbitrator re-instates his contract with the Sharks. By then, a team would be left out in the cold, with cap space in hand and no premier free agents left to sign. While a settlement between the Sharks and Kane would appear to be the most likely outcome, it is not decided yet.
There is also an apparent belief from Kane’s camp that he will be able to land a deal worth somewhere between $40MM and $50MM on the open market, after showing just how dominant he can be down the stretch. After joining the Oilers in January, Kane scored 22 goals in 43 regular season games and another 13 in 15 playoff contests. That is a 49-goal pace over a full 82-game season, obviously making him one of the most dangerous offensive weapons in the league.
While some of that was obviously driven by the opportunity to play with Connor McDavid, it’s exactly that chemistry that makes Kane such an appealing asset for the Oilers. Not every player can keep up with a superstar but the Oilers finally found a perfect match for McDavid in Kane, potentially making him even more valuable to them than any other team.
The fact that he appeared to stay out of trouble off the ice during his time in Edmonton will only help his case, and the Oilers’ newfound cap space should only make it easier to work out a deal. Still, if the two sides remain far apart just days before free agency, it might seem prudent for the Kane camp to at least wait to see what else is out there before circling back.
Photo courtesy of USA Today Sports Images