Confirmed with Link: Petry signs a one-year contract.

[millpoo]

Crappy term. 2 years would have better - enough time for him to show his progress or lack there of.

A deal like this puts a black cloud of uncertainty over this season and relationship with the Oilers. Unless he blows the first half of the season out of the water, i bet the team lacks the faith needed to pay him as he thinks he should be paid.

 

[oil Leaks]

Good short term deal though, I though initially it be at least 3.5+

 

[thadd]

If he's getting that little then Justin Schultz should be getting no more than 2M.

 

[McGlassbangers]

Damn that's good money.

 

[StoveTopStauffer]

He signed that low and we could only offer him 1 year? You kidding me? I would of added 500k and asked for a few more at least.

Obviously specific details are not evident, just my opinion off what is available.

 

[Mr Positive]

What are saving money for? Perhaps a long term extension for Schultz is incoming?

 

[dem]

He signed that low and we could only offer him 1 year? You kidding me? I would of added 500k and asked for a few more at least.

Obviously specific details are not evident, just my opinion off what is available.

Why would he want to sign a longer deal? He has a chance to go to free agency

 

[SK13]

Damn that's good money.

That's like over a million less than most of us thought he would sign for on a one year deal.

He signed that low and we could only offer him 1 year? You kidding me? I would of added 500k and asked for a few more at least.

And he and his agent would have said no, because 500k for a "few more years" doesn't equate to what he could make in free agency next year.

Do you really think the Oilers didn't pursue a wider array of options with the Petry camp?

 

[Roof Daddy]

I prefer the one year deal. He's still too much of a Jekyll and Hyde player. If his decision making becomes more disciplined, he's definitely got top pairing potential, but I think that's a pretty big IF. I'd rather not gamble with a long-term deal that would have cost north of 4 mil per.

 

[5 14 6 1]

Really happy with the caphit, gives us some flexibility contract wise next year, and should hopefully motivate Petry for a big year.
Should leave some $ for a center as well after the Schultz deal.
Good deal by the Oil.

 

[oXo Cube]

This is pretty clearly what Petry wanted.

Dude wants out and who can blame him really?

 

[sepHF]

That seems like a sad group without Petry. I think the Oilers need him way more than hfOil thinks we do.

agreed, losing him would be a big blow.

Why can't we develop and keep a player for once?

 

[OilerTyler]

It'll be nice having this contract off the books next off-season when we need to re-sign Yakupov, Marincin and potentially Fasth.

 

[Jimmi McJenkins]

So that's basically his QO in contract form then?

I would say this likely guarantees his being traded fairly soon.

 

[Supermassive]

My thinking is that he's under contract, the cap hit is low enough for any team to acquire, and he and his new team can negotiate an extension anytime they want. A trade is still possible, even likely.

Hello Detroit?

 

[Morpheus]

Really happy with the caphit, gives us some flexibility contract wise next year, and should hopefully motivate Petry for a big year.
Should leave some $ for a center as well after the Schultz deal.
Good deal by the Oil.

I agree, however I think he is trade bait now, more than before as previously speculated.

 

[GMofOilers]

Im not a Petry fan but this deal tells me that the Oilers and me are on the same page.

 

[tv14]

This one year term could be the reason we were "shopping" him. It sucks, because it appears we may lose him as a UFA for nothing. But honestly, have to think Nurse and/or Klefbom are going to be ready next year, so could have replacements on the way next year. Just sucks we could potentially lose him for no assets back.

 

[BoldNewLettuce]

Unless we give him 5+ he won't sign here over FA....no chance.

The Oilers could decide to go after Boychuk or wait and see who develops between Schultz and Petry.

I would be surprised if Petry was at all interested in an extension considering what just happened in FA.

Odds are come TD Petry will be a top 4 D with 1+million counting against the cap.

Or, this could even be a precursor to a deal this summer.

 

[McGlassbangers]

Now waiting for Schultz's extension. Hoping for 5+ years, under $4.5M per.

 

[Mr Sakich]

This is pretty clearly what Petry wanted.

Dude wants out and who can blame him really?

maybe he realizes what young ufa dmen make if they hot the open market. I am surprised that a lot more guys don't listen to their agents advice and test the market.

IMO, he easily gets 5 mill on a long term deal next summer. The cap will be going up significantly.

 

[ekcut]

Ouch....

This is a "nice to know ya" signing by Petry.
Well since we are out of the playoff hunt by November, at least he may fetch us a 1st rounder at the deadline

 

[McOvechking]

This one year term could be the reason we were "shopping" him. It sucks, because it appears we may lose him as a UFA for nothing. But honestly, have to think Nurse and/or Klefbom are going to be ready next year, so could have replacements on the way next year. Just sucks we could potentially lose him for no assets back.

I am certain this won't happen. He'll get a medium length deal at the end of this one - think 4-5 years. The fact he didn't file for arbitration tells me him and mact are working together here.

 

[CantHaveTkachev]

damn, would've loved to have him for 3 years

 

[Klimando Kostani]

At least we know he's going to play his ass off this year.