The Edmonton Oilers made a significant offseason move by signing forward Jeff Skinner to a one-year contract worth $3 million. This notable acquisition aims to bolster an Edmonton squad that came within a single win of clinching the Stanley Cup last season.
Skinner arrives in Edmonton after parting ways with the Buffalo Sabres, who recently bought out his previous eight-year contract. That deal initially saw Skinner earning $9 million annually, testament to his high market value at the time. His debut season under that contract was excellent, as he netted 40 goals, demonstrating his potential to be a key offensive force.
However, Skinner's performance between 2019 and 2021 experienced a notable dip, with the forward accumulating just 21 goals and 35 points over 112 games. This inconsistency raised questions, but Skinner rebounded with improved performances in subsequent seasons. He scored 30 goals and 63 points in the 2021-22 season, followed by an even more impressive tally of 35 goals and a career-high 82 points in the 2022-23 season. Most recently, Skinner recorded 24 goals and 46 points, showcasing his ability to contribute meaningfully to the team's offense.
The Oilers have taken strategic steps to accommodate Skinner's contract, including buying out the final three years of goaltender Jack Campbell's deal, which was costing the team $5 million annually. This financial maneuvering created the flexibility needed to add a player of Skinner's caliber.
In addition to signing Skinner, the Oilers have been active in securing other key players. They re-signed forwards Connor Brown and Corey Perry to one-year deals worth a combined $2.15 million. Furthermore, the team locked in Viktor Arvidsson on a two-year contract valued at $4 million annually, and defenseman Josh Brown on a three-year deal at $1 million per year. These acquisitions reflect the Oilers' commitment to strengthening their roster and pushing for another deep playoff run.
On the departure side, forward Warren Foegele has signed a three-year contract with the Los Angeles Kings. His exit, along with other roster changes, leaves Edmonton entering the new season with less than $1.35 million in cap space. This tight financial situation still requires the Oilers to address the contract needs of restricted free agents Philip Broberg and Dylan Holloway.
The signing of Skinner brings a seasoned forward with a proven track record of scoring goals to the Oilers. His history with the Carolina Hurricanes, where he enjoyed six 20-goal seasons and three 30-goal seasons, underscores his capability to deliver offensive production. If Skinner can recapture his best form, he could be a crucial piece in Edmonton's quest to capture their first Stanley Cup since 1990.
The Oilers' strategy this offseason demonstrates not only a response to recent disappointments but also a proactive approach to creating a winning formula. With a blend of new signings and re-signed players, Edmonton aims to leverage both experience and talent in their pursuit of success in the upcoming season.