The Oilers signed defender Joni Pitkanen to a very reasonable contract today, a 1 year deal for $2.4M. ALL of Pitkanen’s arrows are pointed in the right direction and the odds of him covering that number in today’s NHL is huge (a slam dunk, as they say).
It also gives the Oilers some interesting options in regard to the rest of the summer and who they can afford to bring in. If you click on the Oilers Running Salary Update to the right, a reasonable estimate has the Oilers at about $1.3M under the $45M cap we believe to be the EIG’s outer marker.
Among other things it means the Oilers COULD trade for a Jagr if they decided to go for the cap number, although there is no real evidence that’s about to happen. A Kevin Lowe interview on Edmonton radio today implied they are talking about dealing an established defender (pick your poison) for a quality forward. I have zero idea who that player would be, but the actual cap gap (50.3M-43.6M=6.7M) should allow for pretty much ANY player in the NHL based on the fact that some salary would no doubt be headed the other way.
COULD the Oilers trade for Jagr? Elias? Jokinen? Hossa? Gagne? St. Louis? Whoever it is, he better be good.