2020-21 record 35-19-2, 72 points
2nd in the Scotia NHL North Division
Eliminated in the First Round by Winnipeg
Additions: F Warren Foegele (acquired from CAR), F Zach Hyman, F Brendan Perlini, F Derek Ryan, F Colton Sceviour (signed to a PTO), F Tim Soderlund (acquired from CHI), D Cody Ceci, D Duncan Keith (acquired from CHI)
Subtractions: F Adam Cracknell (signed with Bakersfield Condors, AHL), F Tyler Ennis (signed to a PTO with OTT), F Joseph Gambardella (signed with Utica Comets, AHL), F Gaëtan Haas (NL), F Dominik Kahun (NL), F Jujhar Khaira (signed with CHI), F James Neal (buyout), F Joakim Nygård (SHL), F Alan Quine (signed with Henderson Silver Knights, AHL), F Patrick Russell (SHL), F Anton Slepyshev (KHL), D Ethan Bear (traded to CAR), D Caleb Jones (traded to CHI), D Dmitry Kulikov (signed with MIN), D Adam Larsson (expansion, SEA), D Theodor Lennström (KHL), G Dylan Wells (traded to CAR)
Still Unsigned: F Alex Chiasson
Re-signed: F Tyler Benson, F Cooper Marody, F Ryan Nugent-Hopkins, F Devin Shore, F Kailer Yamamoto, D Tyson Barrie, D Slater Koekkoek, G Stuart Skinner, G Mike Smith
Offseason Analysis: The second-best team in the Scotia NHL North Division would’ve been the fourth-best team in the other three divisions last season.
No matter what, the Oilers would’ve been a playoff team in 2020-21, but it’s the embarrassment that came with being swept in the 2021 First Round by the Winnipeg Jets and subsequent offseason moves that have left many scratching their heads.
Instead of overreacting and making big, sweeping, changes, Edmonton went for a big piece and a few smaller moves that still ate up their valuable cap space in the midst of a flat salary cap due to the ongoing COVID-19 pandemic.
So really it’s just more of the same from the Oilers.
Let’s start with the good news…
Ryan Nugent-Hopkins, Kailer Yamamoto and Tyson Barrie are back and solidify some semblance of depth for Edmonton with Nugent-Hopkins on an affordable eight-year extension worth $5.125 million per season– the Oilers will have a surefire center on the second or third line for years to come.
The 28-year-old was Edmonton’s 1st overall pick in the 2011 NHL Draft and had 35 points (16 goals, 19 assists) in 52 games last season after reaching the 60-point plateau in back-to-back seasons from 2018-19 through 2019-20.
Had there been an 82-game schedule in 2020-21, Nugent-Hopkins likely would’ve at least eclipsed the 50-point mark.
At 5-foot-8, 135-pounds, Yamamoto has a lot in common with guys like Martin St. Louis in his stature and– like St. Louis– is better off developing on his own as he had 8-13–21 totals in 52 games in his first full season run with the Oilers last season.
Though he made his league debut in 2017-18, Yamamoto has only been utilized by Edmonton sparingly in parts of three seasons leading up to his full-time status in 2020-21.
His game should be fine in due time, though offering him a supporting cast (a theme for the Oilers in general) would be fine.
After he had 59 points in 78 games with the Colorado Avalanche in 2018-19, Barrie was shipped as part of a package to the Toronto Maple Leafs in a trade that, well, didn’t exactly live up to the high expectations in Toronto.
Barrie’s production from the point plummeted to 39 points (five goals, 34 assists) in 70 games with the Maple Leafs in 2019-20.
He joined the Oilers on a one-year deal last October and bounced back with an admirable 48 points (eight goals, 40 assists) in 56 games.
He had 25 points on the power play in his last season in Colorado, then just 12 points as a quarterback on Toronto’s power play unit before rebounding with 23 points from the blue line while on the skater advantage last season for Edmonton.
For his efforts, Barrie was rewarded with a sweet three-year deal worth $4.500 million per season and at 29-years-old that’s about right for a defender on the cusp of beginning the eventual decline from a defensive prime.
Zach Hyman joins the Oilers on a seven-year contract worth $5.500 million per season, which isn’t completely terrible for a 29-year-old forward in his prime that had 15-18–33 totals in 43 games with the Maple Leafs last season and has reached the 40-point plateau twice before.
As a top-six forward, Hyman is a welcome addition to Edmonton’s Art Ross Trophy-winning powerhouse offense (Connor McDavid and Leon Draisaitl).
An additional positive from this offseason?
Edmonton’s rid themselves of James Neal via a buyout. Granted, he’ll still be on the books through the 2024-25 season at about a $1.917 million cap penalty, but after parts of two seasons with the Oilers since being acquired for Milan Lucic, at least that branch of franchise history has come to a close.
Neal had five goals and five assists (10 points) in 29 games last season after bouncing back from 19 points (seven goals, 12 assists) in 63 games with the Calgary Flames in 2018-19 to 31 points (19 goals, 12 assists) in 55 games for Edmonton in 2019-20.
He’s a shell of his former self, but on a low-risk contract, he could fit in fine just about anywhere else that needs a touch of veteran experience.
Now for the bad stuff that… …isn’t necessarily that bad, it’s just disappointing from the Oilers (who seemingly have chosen to make the Buffalo Sabres look good for at least being salary cap smart this offseason and that’s about it).
At 39-years-old, Mike Smith could’ve called it a career, but when Jimmy Howard turned down Oilers General Manager, Ken Holland, Smith was rewarded with two-year (not just one-year!) extension worth $2.200 million per season.
The cap hit is fine, considering he recored a goals-against average under 2.50 for the first time since the 2011-12 season with the Phoenix Coyotes.
Back then, in 67 games with Phoenix, Smith had a 38-18-10 record, a 2.21 goals-against average, a .930 save percentage and eight shutouts en route to backstopping the Coyotes to the 2012 Western Conference Final, where the Los Angeles Kings eliminated Phoenix in five games.
Last season with the Oilers, Smith went 21-6-2 in 32 games, had three shutouts and amassed a 2.31 goals-against average as well as a .923 save percentage.
In 2019-20, he had a 19-12-6 record in 39 games, one shutout, a .902 save percentage and a whopping 2.95 goals-against average.
Whether it’s the introduction of Barrie to Edmonton’s defense that helped singlehandedly reduce the workload Smith faced or not– Smith had a fantastic season in 2020-21.
However, time stops for nobody and with an average age of 35.3 between Smith, Mikko Koskinen and Alex Stalock as reliable options in the crease under contract at the NHL level, well, it’s easy to feel uneasy about Edmonton’s chances at stopping the puck from night-to-night as their bodies collectively wear down through an 82-game schedule.
Then again, they are athletes and you and I are not.
Yet, it’s worth noting since unlike Smith, Koskinen went from an 18-13-3 record in 38 games with a 2.75 goals-against average, a .917 save percentage and one shutout in 2019-20 with the Oilers to a dismal 13-13-0 record in 26 games with a 3.17 goals-against average and an .899 save percentage in 2020-21.
For all the good that Barrie and Co. on Edmonton’s blue line have done, there’s two new additions that, uh, might undo some of the forward progress.
Connor McDavid (ever heard of him?) vouched for Holland to acquire Duncan Keith from Chicago and then Holland went along and signed Cody Ceci in free agency.
Though Keith recorded 6-34–40 totals in 82 games in 2018-19 with Chicago, he’s been in decline, notching 27 points (three goals, 24 assists) in 61 games in 2019-20 and just 15 points (four goals, 11 assists) in 54 games last season.
The 38-year-old defender would’ve accepted any trade to a team close to the pacific northwest as he expressed a desire to be closer to family, having been isolated playing hockey for a living for most of the time during the ongoing pandemic and spending roughly five months combined with his son prior to being traded to Edmonton.
In 1,192 career NHL games, he’s won three Stanley Cup rings, was named playoff MVP in 2015, and has 105-520–625 totals in the regular season.
With two years left on his contract, Keith’s $5.538 million cap hit is a bit steep for what could be a defensive liability as the aging process continues and– turns out– Holland could’ve done better by waiting another day and signing Keith Yandle for much less after the Florida Panthers bought him out. Who knew?!
Though the Internet likes to make fun of Ceci, the 27-year-old defender really hasn’t been all that bad.
Sure 17 points (four goals, 13 assists) in 53 games with the Pittsburgh Penguins last season isn’t great, but he’s not expected to be a top-four defender– or at least he shouldn’t be.
Mistakes and weird things will happen. Sometimes you’re just unlucky like that.
Wait, Holland gave him four-years at $3.250 million per season? Yikes.
And to put the icing on the cake, Holland traded Ethan Bear to the Carolina Hurricanes for Warren Foegele. Not that Foegele’s bad, but for a team that could use a better defense, Bear fit in pretty well.
Has this McDavid guy ever tried watching the Oilers?
Offseason Grade: C+
For the Nugent-Hopkins extension, sensible new deal for Barrie and Yamamoto bridge contract, Holland deserves some praise for keeping the right pieces happy and on the roster heading into 2021-22.
That said, he also made some errors in judgment acquiring Keith at the price he paid, as well as handing out Ceci a contract with a steep cap hit and term for a guy that’s probably not that good.
In other words, it was just another normal offseason for the Oilers.
Edmonton made some smart moves, but then overreacted in other areas, while still searching for the second coming of Andy Moog in net or whatever.
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