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Oilers Capfriendly

Edmonton Oilers Cap Situation and Roster Projections

Salary Cap and Draft Picks

The Edmonton Oilers are currently navigating the NHL's salary cap, with a projected cap hit of $23.7 million for the 2023-24 season. According to CapFriendly, the Oilers have 12 players under contract with a combined cap hit of $81.1 million, leaving them with approximately $15.6 million in cap space. The Oilers also hold the 30th overall pick in the 2023 NHL Entry Draft.

Player Contracts

Among the notable player contracts on the Oilers' books are:
  • Connor McDavid: $12.5 million cap hit through 2026
  • Leon Draisaitl: $8.5 million cap hit through 2025
  • Zach Hyman: $5.5 million cap hit through 2027
  • Evan Bouchard: $4.4 million cap hit through 2028
  • Kailer Yamamoto: $3.1 million cap hit through 2024
With several key players still on their entry-level contracts, the Oilers have some flexibility in managing their cap space moving forward. However, they will need to address the expiring contracts of Tyson Barrie, Brett Kulak, and Mattias Janmark in the offseason.

Roster Projections

CapFriendly provides the most advanced NHL roster projections available online, and their current projections for the Edmonton Oilers include:
  • Forwards: McDavid, Draisaitl, Hyman, Puljujarvi, Yamamoto, McLeod, Foegele, Shore
  • Defensemen: Bouchard, Nurse, Ceci, Kulak, Barrie, Broberg
  • Goalies: Campbell, Skinner
These projections assume that the Oilers will re-sign Barrie, Kulak, and Janmark, while also adding a few depth pieces. However, the team's roster could change significantly based on trades, injuries, or performance.

Conclusion

The Edmonton Oilers are in a good position salary-cap wise, with plenty of room to add players or re-sign their own. However, they will need to make some tough decisions in the offseason, and their roster could change significantly depending on those decisions. The Oilers will be looking to make a deep playoff run in the 2023-24 season, and their cap situation and roster projections will play a key role in their success.


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