The Edmonton Oilers have signed Josh Archibald to a two-year extension, keeping him under contract through the 2021-22 season. Archibald was scheduled for unrestricted free agency after the season ended, but will now stay in Edmonton earning an average salary of $1.5MM per season.
Archibald, 27, actually found his footing last season with the Arizona Coyotes, recording 12 goals and 22 points in 68 games, but failed to get a qualifying offer from the team at the end of the year. As a free agent he decided to take a one-year, $1MM deal with the Oilers that has proved a smart financial decision.
Though he still hasn’t blown the doors off the league offensively, Archibald has contributed another dozen goals in limited minutes while being the same little fireball of energy every single night. The 5’10” 176-lbs forward actually leads the Oilers in hits with 160 on the season, one shy of last year’s total.
Though he’s obviously a valued contributor, the Oilers have to consider carefully every dollar they allocate as they try to surround Connor McDavid and Leon Draisaitl with a championship team. $1.5MM means that Archibald will have to continue to produce, even if at a bottom-six level, as he’s now locked into a roster spot for the next two years.