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Mike Smith

Mike Smith Re-Signs With Edmonton Oilers

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July 22: PuckPedia reports that the Oilers have signed Smith to a two-year, $4.4MM contract. The deal will pay the veteran netminder $1.9MM in 2021-22 and $2.5MM in 2022-23. GM Ken Holland confirmed the deal in his press availability, though it has not yet been officially announced by the team.

July 21: The Edmonton Oilers may have lost their 28-year-old shutdown defenseman today, but they won’t be losing their 39-year-old goaltender. Patrick Johnston of the Province tweets that Mike Smith will return to the Oilers on a multi-year deal. As Pierre LeBrun of The Athletic adds, teams can’t actually re-sign their own free agents until the transaction freeze lifts tomorrow, but there are “positive signs” between Smith and Edmonton. Chris Johnston of Sportsnet reports that the deal is expected to be for two years and carry an average annual value around $2MM.

Smith had one of the best seasons of his career in 2020-21, posting a .923 save percentage in 32 appearances for the Oilers and finishing seventh in Vezina Trophy voting. The veteran goaltender, who has now made 600 regular season starts over a 15-year career, hadn’t had that kind of performance since the 2011-12 season, when he led the Pheonix Coyotes to the Western Conference Finals. It’s hard to expect him to repeat that level of play on this new deal, but Smith at least represents a strong locker room presence and reliable option, even if he’s not at a Vezina-level in 2021-22.

Still, this will feel like a step backward for many Oilers fans, who are hoping for improvements this summer. The team re-signed Ryan Nugent-Hopkins to an eight-year deal, but are about to lose Adam Larsson to the Seattle Kraken. A buyout of Mikko Koskinen would clear some cap room, as will Oscar Klefbom staying on long-term injured reserve. But it’s not like GM Ken Holland has a ton of space to work with if he wants to take the next step forward.

In fact, if the team does buy out Koskinen, it seems unlikely that the team will be able to really afford a counterpart for Smith, at least not one that carries a high cap hit. The team does already have Alex Stalock under contract at $750K, who could serve as a fine backup, but that would be putting a lot of pressure on Smith to carry the load. With the defensive depth lacking and an upgrade needed to help Connor McDavid and Leon Draisaitl up front, things are getting tricky in Edmonton.

Photo courtesy of USA Today Sports Images

West Notes: Fiala, Smith, Tarasenko

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The Wild would prefer to work out a medium-term contract with pending RFA winger, Michael Russo of The Athletic suggested on Daily Faceoff’s DFO Rundown (audio link).  They’ve already given center Joel Eriksson Ek a max-term deal and offered one up to pending RFA winger Kirill Kaprizov; they don’t have the cap room to long-term with all of them.  Fiala is two years away from unrestricted free agency so a four or five-year deal would still buy out some UFA years but would keep the cap hit a little lower in the process.  He had a $3MM AAV on his most recent deal and could come close to doubling it this time around.  Russo added that he believes Fiala’s name has been dangled as a trade chip for a top-six center which would also explain their hesitance in working on a long-term agreement.

Elsewhere around the Western Conference:

  • The Oilers have made an offer to pending unrestricted free agent goaltender Mike Smith, reports Kurt Leavins of the Edmonton Journal. The 39-year-old had quite the bounce-back season in 2020-21, posting a .923 SV% and a 2.31 GAA in 32 games (30 starts) which has certainly boosted his stock heading into free agency.  Last fall, he was basically the fallback option but with Edmonton tendering an offer now, it’s clear they value him more this time around.  That should be enough to get him more than the $1.5MM base salary he had this season (plus $500K in bonuses).  Leavins notes that if a deal does get done, it’s likely that it will come after the expansion draft which means that Stuart Skinner would likely be protected in expansion.
  • The Bruins, Rangers, and Capitals are believed to have shown interest in Blues winger Vladimir Tarasenko with the Islanders also on the radar, reports Jim Thomas of the St. Louis Post-Dispatch. Of that group, Boston makes the most sense financially as they have the cap space to absorb Tarasenko’s $7.5MM AAV without needing to match money and if they can’t reach an agreement with pending UFA Taylor Hall, they’ll have a need on the wing to fill.  The Rangers also have the cap room but their biggest need is down the middle.  Washington and the Islanders would need to match money as they’re projected to be capped out by the time they re-sign their own pending free agents which would make a deal more difficult.  Tarasenko has requested a trade from St. Louis and is working with the team to facilitate a deal.

Edmonton Oilers Hope To Re-Sign Mike Smith

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The Edmonton Oilers were swept out of the first round of the playoffs, but it wasn’t because of goaltending. The 39-year-old Mike Smith posted a solid .912 save percentage in the four games, good enough to keep every game close between the Oilers and Winnipeg Jets. At his end-of-year media availability, Edmonton GM Ken Holland said plainly that he wants to re-sign Smith after the strong season he experienced.

Now 15 years into his NHL career, Smith posted an outstanding .923 save percentage during the regular season, essentially becoming the only netminder the Oilers could rely on. Despite costing just a third of the cap hit Mikko Koskinen carries, Smith was the unquestioned starter by the end of the season and played every minute of the team’s playoff series, including a back-to-back in games three and four.

Koskinen meanwhile could be on the chopping block after posting a brutal .899 save percentage in 26 games for the team. Holland explained that buyouts are very possible for his club this summer in order to free up additional cap space, and the 32-year-old Koskinen is a prime candidate. Not only was he signed by Holland’s predecessor, but he also would cost just $1.5MM against the cap for the next two seasons. If Smith can be brought back on a reasonable deal, that would free up a good chunk for the team to invest elsewhere.

Of course, there’s no guarantee that Smith can recreate the season he just had. His two previous were poor, posting a .900 save percentage over 81 appearances for the Oilers and Calgary Flames, and he very well could be the oldest netminder in the league in 2021-22. The team does have veteran backup Alex Stalock in the organization now after claiming him in March, but there isn’t yet a prospect pushing for NHL playing time. If Smith is retained and Koskinen bought out, it could still be worthwhile to examine the rest of the goaltending market in case the veteran fails to repeat his excellent 2020-21 performance.

Nominees Announced For 2021 Bill Masterton Memorial Trophy

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The Bill Masterton Memorial Trophy is given out annually to the NHL player who exemplifies perseverance, sportsmanship, and dedication to hockey. The award has been voted on by the Professional Hockey Writers’ Association since 1968, and today they announced their nominees for 2021.

Past winners of the award include Bobby Ryan (2020), Robin Lehner (2019), Brian Boyle (2018), Craig Anderson (2017), Jaromir Jagr (2016), Devan Dubnyk (2015), Dominic Moore (2014), and Josh Harding (2013).

Below are the nominees from each team:

Anaheim Ducks – David Backes

Arizona Coyotes – Phil Kessel

Boston Bruins – Kevan Miller

Buffalo Sabres – Dustin Tokarski

Calgary Flames – Milan Lucic

Carolina Hurricanes – Jordan Staal

Chicago Blackhawks – Andrew Shaw

Colorado Avalanche – Valeri Nichushkin

Columbus Blue Jackets – Zac Dalpe

Dallas Stars – Roope Hintz

Detroit Red Wings – Danny DeKeyser

Edmonton Oilers – Mike Smith

Florida Panthers – Chris Driedger

Los Angeles Kings – Matt Roy

Minnesota Wild – Matt Dumba

Montreal Canadiens – Corey Perry

Nashville Predators – Pekka Rinne

New Jersey Devils – Scott Wedgewood

New York Islanders – Casey Cizikas

New York Rangers – Colin Blackwell

Ottawa Senators – Nick Paul

Philadelphia Flyers – Oskar Lindblom

Pittsburgh Penguins – Casey DeSmith

San Jose Sharks – Patrick Marleau

St. Louis Blues – Vladimir Tarasenko

Tampa Bay Lightning – Steven Stamkos

Toronto Maple Leafs – Jack Campbell

Vancouver Canucks – Tyler Motte

Vegas Golden Knights – Marc-Andre Fleury

Washington Capitals – Zdeno Chara

Winnipeg Jets – Eric Comrie

Three finalists and the winner will be named at a later date.

Edmonton Oilers Activate Mike Smith Off Of LTIR

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The Edmonton Oilers should get a much-needed boost in goal as the team announced they have activated goaltender Mike Smith from long-term injured reserve. The team has played 13 games this season with starter Mikko Koskinen starting 12 of those 13 games. Stuart Skinner, the team’s backup all this time, has appeared in one game and now has been assigned to the Bakersfield Condors of the AHL.

Smith, who has missed the entire season so far with an undisclosed injury, should immediately provide the team a second NHL-caliber goaltender who can help share net duties rather than force Koskinen to play constantly. In the 12 games he’s played, Koskinen has a 5-7 record with a 3.52 GAA and a .889 save percentage — not numbers of a goalentender who should be playing every game.

Of course, the 38-year-old Smith didn’t exactly put up eye-catching numbers last year either. Smith played 39 games last season, posting a 2.95 GAA and a .902 save percentage. Regardless, those numbers would be quite a bit better than what the Oilers have seen so far this season. Smith is expected to start one of the team’s back-to-back games on Monday or Tuesday against Ottawa.

Smith signed a one-year, $1.5MM this offseason.

Oilers Place Mike Smith On LTIR

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Mike Smith’s season debut was originally thought to be coming on Thursday in the second half of their back-to-back set against Vancouver.  However, he was a late scratch with Stuart Skinner joining the Oilers from their taxi squad as Mikko Koskinen’s backup.  Whatever the issue is will hold him out for a little while as Sportsnet’s Chris Johnston reports (Twitter link) that Smith has been placed on LTIR, meaning he will miss at least 10 games or 24 days.

The 38-year-old is in his second season with Edmonton after signing a one-year deal with them in October after other options didn’t materialize in free agency.  Noteworthy is that the contract contains up to $250K in games played bonuses at varying thresholds between 20 and 40 games; any extended absence will all but cement the top ones becoming unachievable and make the smaller ones a little tougher to get.  With Edmonton well into LTIR, any earned bonuses this season will be charged against the 2021-22 salary cap.

Smith’s expected absence and Skinner’s inexperience (two minor pro seasons with no NHL action) could force GM Ken Holland to try to make a move for a more proven short-term backup.  That was supposed to be Anton Forsberg’s role but he has since been claimed off waivers twice, the second of which came today by Winnipeg.  With players needing to go through a quarantine period (seven days for Canadian-based players, 14 for those elsewhere), if such a move is coming, it’s one that will need to happen sooner than later.  In the meantime, Olivier Rodrigue has been recalled to the taxi squad but he was playing in Austria so he is facing a lengthy quarantine before he can join them so that recall alone may not be enough.

Oilers Sign Mike Smith

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The Oilers have found their second goaltender for next season and it’s a familiar one.  The team announced (Twitter link) that they’ve signed Mike Smith to a one-year, $2MM contract.  CapFriendly clarifies (via Twitter) that it’s a $1.5MM base salary plus $500K in performance bonuses that break down as follows:

$50K in games played bonuses at 20 games, 25, 30, 35, and 40
$125K if they win the first round of the playoffs and he plays in two games
$125K if they win the second round of the playoffs and he plays in two games

The 38-year-old is coming back for a second stint with Edmonton after he played there last season as the second option to Mikko Koskinen.  While he slightly improved on his save percentage from 2018-19 by posting a .902 mark in 39 regular season games, his GAA jumped to 2.95, his highest since 2014-15.

Last weekend, GM Ken Holland indicated that they wanted to see what options there were on the open market before making a decision on what to do for that position for next season.  However, with goalies flying off the board quickly, the remaining free agent options were all short-term possibilities at best.  While a trade was certainly an option, they’ve instead opted to go back to someone that they already know.

Statistically speaking, Koskinen (.917 SV%, 2.75 GAA) out-performed Smith last season and given the latter’s age, it’s reasonable to expect that Koskinen will take on a bigger share of the workload after getting the smaller portion in 2019-20.  His first time in that situation came in 2018-19 and the results were mixed although he does now have more NHL experience at least.

Following this move and the addition of Tyson Barrie, Edmonton now has just over $700K in cap room per CapFriendly with defenseman Ethan Bear still in need of a new deal.  However, the Oscar Klefbom injury will likely make him LTIR-bound which should free up some short-term wiggle room when the season gets underway.

Pacific Notes: Oilers, Talbot, Suomela, Canucks

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The Oilers intend to see what the free agent market looks like for goaltending before making a decision on Mike Smith, GM Ken Holland told NHL.com’s Tim Campbell.  Smith had just a .902 SV% in 39 games this season which is below average for a backup, let alone someone that was brought in to push incumbent Mikko Koskinen for playing time.  However, cap space is limited for Edmonton with less than $9MM in cap room and quite a few free agents to contend with beyond Smith.  Accordingly, they may need to shop at the lower end of the market to save some money and the fact that the 38-year-old is eligible to sign an incentive-laden deal may be appealing to give them a bit more financial flexibility to work with.  A decision on that appears as if it will occur on or after October 9th.

More from the Pacific Division:

  • The Flames have yet to present an offer to pending UFA Cam Talbot, the goalie revealed to Postmedia’s Wes Gilbertson. The 33-year-old has indicated an interest to remain with Calgary, as long as he’s not in a backup position.  This past season, that was his role as he made just 22 starts while David Rittich made the other 48 despite Talbot having the better numbers.  The tables flipped in the playoffs, however, as Talbot made all 10 starts and played well, posting a 2.42 GAA with a .924 SV%.  A full-fledged starting job may be hard to come by but a platoon position is certainly attainable if he gets to the open market.
  • Sharks center Antti Suomela has started skating with HIFK, the SM-liiga team announced. At this time, he’s only skating with them to stay in shape for next season but as their press release indicates, that could change once he gets a deal done with San Jose.  The pending restricted free agent had a goal and six assists in 20 NHL games this season while chipping in with five goals and four helpers in 14 AHL contests.  If a deal is reached soon, he could join the growing list of players suiting up overseas on loan agreements.
  • The Canucks are expected to tender qualifying offers to AHL players Justin Bailey, Jalen Chatfield, and Guillaume Brisebois, reports Rick Dhaliwal of TSN 1040 and The Athletic (Twitter links). Bailey had a career year in the minors with Utica, collecting 28 goals in just 53 games, good for fourth league-wide.  The 25-year-old has 65 career games of NHL experience and is eligible for salary arbitration.  Meanwhile, Chatfield wrapped up his entry-level deal this past season and had four assists in 48 games.  He was recalled on five separate occasions in 2019-20 but didn’t see any NHL action.  As for Brisebois, he played in 48 games with Utica this past season, picking up four goals and 11 assists.  He didn’t get into any NHL games in 2019-20 but does have eight games of experience from the 2018-19 campaign.

Pacific Notes: Fleury, Myers, Smith

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The Vegas Golden Knights goaltending controversy could get more interesting in the coming hours. After netting his team a 3-0 shutout last night against Vancouver, Robin Lehner would seem like a solid candidate to start again tonight for Game 4 of their series. However, Lehner is 1-7-1 in his career on second nights when he plays both ends of a back-to-back series. That could allow the opportunity for veteran Marc-Andre Fleury to get the start tonight.

In fact, NHL.com’s John Shannon reports that there is an internal belief that Fleury will get the nod against Vancouver in Game 4. However, Vegas coach Pete DeBoer refused to confirm that belief:

“I’m not going to confirm any lineup decisions we’ve made,” said DeBoer (via Las Vegas Review-Journal’s David Schoen). “You’ll see tonight. We’ve got a plan, and we’re going to continue on the path that we know is the right one for our group.”

However, considering that DeBoer and Vegas management has continued to claim that it is a 1 and 1a situation, a Lehner start would likely negate that stand. Fleury, on the other hand, has appeared in just two appearances so far in the playoffs. If he does start tonight, The Athletic’s Jesse Granger notes it will be his first appearance in 14 days, his second game in 23 days and his third game in 174 days.

An official word isn’t likely until just before gametime.

  • Speaking about unknowns, TSN’s Rick Dhaliwal reports that Vancouver Canucks defenseman Tyler Myers was skating today, although there is no word on whether the blueliner is available for Game 4 tonight against the Golden Knights. Myers, out with a shoulder injury since Aug. 14, wasn’t expected to be ready until later this week, according to The Province’s Patrick Johnston, who added that the two-day break after this game could benefit him. However, Dhaliwal suggests there is a possibility that he could be ready tonight depending on how he responds to treatment. Again, he will be a game-time decision.
  • In an interview with The Athletic’s Daniel Nugent-Bowman (subscription required), Edmonton Oilers general manager Ken Holland admitted the Oilers will keep with a tandem goaltending situation. However, he also added that while he was pleased with the team’s goaltending for much of the season, he still needs time to assess whether they will make any changes, especially since veteran Mike Smith is an unrestricted free agent this offseason. The Edmonton Journal’s Kurt Leavins adds that Smith is likely to be re-signed by the Oilers if Holland can find a way to upgrade Mikko Koskinen and his $4.5MM contract. If the team can unload Koskinen, that could improve Smith’s chances of staying in Edmonton. Otherwise, the team would likely look to let Smith walk and hope to find an upgrade in net after that.

Pacific Notes: Smith, Westerlund, Rathbone

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Oilers goaltender Mike Smith proved to be a good complement to Mikko Koskinen this season as he posted a 2.95 GAA with a .902 SV% in 39 games in what basically amounted to close to a timeshare of starts when all was said and done.  Despite that, Postmedia’s Jim Matheson suggests that the veteran may need to take a pay cut from his base $2MM salary (let alone the $375K in bonuses he earned) to stick around for 2020-21.  With several skaters needing to be re-signed (including Andreas Athanasiou and his $3MM qualifying offer and Matt Benning’s $1.95MM qualifier), Edmonton GM Ken Holland likely won’t have much to spend on Koskinen’s backup for next season.  While there will still be a decent market for backup goaltenders, the 38-year-old Smith may be better off trying to stay where he is in a good situation, even if he has to take a dip in pay to do so.

More from the Pacific Division:

  • Coyotes prospect Filip Westerlund is in talks to remain with Timra in Sweden, Timra manager Kent Norberg indicated to Lo Hagerfelth of HockeyPuls. He played well in the second-tier Allsvenskan this season and picked up four goals and 17 assists in 52 regular season games while logging more ice time than he was getting previously in the SHL.  The 21-year-old was a second-round pick of Arizona back in 2017 so if he does indeed sign an extension (Norberg stated that a decision is expected within the week), the Coyotes will only have a short period of time to sign him to an entry-level deal as he must sign by June 1, 2021 or they will lose his NHL rights.
  • The accelerated timeline for prospects to sign 2019-20 contracts and burn a year without playing should provide some clarity on Canucks prospect Jack Rathbone, suggests Rick Dhaliwal of TSN 1040 and The Athletic (Twitter link). The 21-year-old defenseman is set to enter his junior year at Harvard if there winds up being an NCAA season in 2020-21 but the uncertainty surrounding that could be enough encouragement for him to sign his entry-level deal and forego his remaining college eligibility.  Rathbone was a fourth-round pick (95th overall) back in 2017 and has quickly outperformed his draft spot as he averaged over a point per game this season with seven goals and 24 assists in 28 games.

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