Edmonton Oilers: Salary Cap, Contracts, Draft Picks, and More
Salary Cap Information
The Edmonton Oilers are currently operating under the NHL's salary cap, which is set at $82.5 million for the 2021-22 season. The Oilers have a total salary cap hit of $79.7 million, which leaves them with approximately $2.8 million in cap space.
The Oilers have a number of players with significant cap hits, including Connor McDavid ($12.5 million), Leon Draisaitl ($11 million), and Darnell Nurse ($7.4 million). However, the Oilers also have a number of young players on entry-level contracts, which helps to keep their overall cap hit down.
Contracts
The Oilers have a number of players under contract for the 2021-22 season, including:
- Connor McDavid (8 years, $100 million)
- Leon Draisaitl (8 years, $85 million)
- Darnell Nurse (8 years, $56 million)
- Evan Bouchard (3 years, $8.25 million)
- Ryan Nugent-Hopkins (3 years, $7.125 million)
- Tyson Barrie (3 years, $4.5 million)
Draft Picks
The Oilers have the following draft picks in the 2022 NHL Entry Draft:
- 1st round, 10th overall
- 2nd round, 32nd overall
- 3rd round, 64th overall
- 4th round, 96th overall
- 5th round, 128th overall
- 6th round, 159th overall
- 7th round, 191st overall
Salary Cap Space
The Oilers have approximately $2.8 million in cap space, which gives them some flexibility to make moves before the trade deadline. The Oilers could use this space to acquire a player who can help them compete for a playoff spot.
Salary Cap Projections
The Oilers' salary cap is projected to increase in the coming years, as several of their young players are due for new contracts. The Oilers will need to carefully manage their cap space in order to stay competitive.
Daily Cap Tracking
The Oilers' salary cap is tracked on a daily basis by the NHL. The Oilers must stay under the cap at all times, or they will be subject to penalties.
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