The Oilers have more than 5.6 million in cap, you need to look at the full roster when looking at capfriendly because they will add some roster players that likely won't be on the final roster.
Currently Nimelenian is on the Oilers full time roster, that's 762k that won't be on the roster when Bouchard is signed, so it's 6.3 million actually ... that may not seem like a big deal but it is in this case.
It means the Oilers can sign Bouchard to a 4x2 deal and McLeod to like 2x2 or something without too much fuss. They will have to run a 21 man roster for a time in that case but they already did that last year.
Really it doesn’t mean that at all.
Teams never want to go into the season with next to no salary cap space. At a minimum you want 2-3m sitting there affording you the ability of making moves.
If Edmonton is smart they find a way out of Nurse and/or Campells contracts as both are vastly overpaid for what they bring.
They are going to need to find cap room either way. The big problems aren’t 2023-2024.
2025-2026. Edmonton will need to decide if they first, can afford Draisatl at the $13-14m he is going to command and second, where does the 5-6m come from to give him that raise?
Are they relying solely on the salary cap escalator? There is nothing major coming off the books in the next 2 seasons.
2026-2027. We assume the salary cap escalator is used in the following two years we will have a cap around the $92.05m.
It also means McDavid will be seeking a $16-18m salary.
Again same season Edmonton has nothing considerable coming off the books and if doing a 4x2 for Bouchard you are either negotiating a long term deal for Bouchard at the same time as Draisatl or Same time as McDavid.
I can tell you right now Bouchard continues to put up points which is all he’s good for he’s going to be looking for 7.5-8.5m on a 7-8 year deal.
It’s so difficult to get Edmonton fans to realize this but you are going to have two players on a single line getting paid north of $30,000,000 which is almost 1/3 the cap.
The other player who is a UFA when McDavid comes up is Stuart Skinner who’s only making $2.6m.
He will command at least 6m if not 7m+ if he continues to develop.
Edmonton needs to immediately pay whatever the price is San Jose is asking to trade Nurse for Karlsson. Even if this is adding a 2024 1st and a prospect like Bourgault.
Some reason Edmonton fanbois think Nurse is a 1/2 D man. He’s not. Most people with hockey knowledge will tell you his ceiling is a 3/4. Why the hell he was given 7 years at 9.25m at the same time when both McDavid and Draisatl were due substantial raises just makes no sense.
So again. I’m saying it right now.
The team needs to shed Nurse and Campbell immediately even if you have no 1st pick in either 2024 or 2025. You aim for players with a max 2 maybe 3 years not 4+ since right now you’re praying the cap will go up by 7-8% where as the escalator itself the max increase is 5%.
Would love oilers fans to tell us how they get out of this mess.
Draisatl isn’t taking 10-12m when he’s the second best player in the NHL and McDavid won’t take 13-14 when he’s the best.
This is a prob the league has and they can correct it by giving each team a franchise tag where that player can make a maximum of 20% of the salary cap and say the franchise salary only accounts for 50% of its value against the cap.
So McDavid at 18m would only cost you 9m.
Most teams the amount wouldn’t be that drastic maybe 5-6-7m but teams that need the flexibility the current cap is extremely punitive to guys like McDavid.
Not only is he making way less than he’s worth right now. He’s losing a massive amount in endorsements by not being in a market like LA Toronto or NYC.
I feel for Edmonton as Holland has them really bloody hamstrung. The RNH deal was genius at $5.125m but the Evander Kane deal was non-sensical.
It’s believed that SanJose paid out close to $2m per year to settle the grievance between Kane and the Sharks. So why does Holland give Kane a $5.125m per deal when he literally had one single team in the NHL offering him a contract?
Kane is literally a deadbeat who should be fortunate any team gave him a contract. I felt so bad for McDavid having to say all these good things about Kane where as the reports were clear. Not paying spousal or child support, including diapers of all things. His wife showing clear signs of domestic abuse.
For San Jose to terminate the contract after paying up to get him it’s a clear warning to others to stay away. It’s like a rattle snake rattling its tail. It’s doing so to tell you F off not saying come on in I’m friendly.
Fact is a player like Kane putting up 28 points in 41 games this past season gives belief Foegele could easily replace him without all the extra crap.
All I’m saying Edmonton is in a bad spot money wise and every deal even doing a 4x2 could kill your long term aspirations.
If it’s me?
I’m doing this.
To CBJ 2025 1st round pick + Campbell
To Edmonton Future Considerations
With the 5M in savings $762,500 is going to pay Pickard to be your backup.
Instead of a 4x2 for Bouchard I’m doing a 6x6 with each year looking like;
4m
4m
5m
7m
7m
8m
I think Bouchard camp takes that versus the Oilers having to risk paying him 7-8m.
The oilers must be proactive to make this work or you will have to say goodbye to Draisatl. Who knows maybe that’s the play.
Replace a 13-14m Draisatl with a player who could be 90% of Draisatl which I’m convinced at least 30% of Draisatls production is playing with McDavid anyways.
Either way the time is now to get ahead of it. You don’t just keep putting off your financial goals year after year after year.